Hanmin123
--
Bullish
How #SouthKoreaCryptoPolicy ?🤦♀️🤦♀️
🇰🇷 1. New Regulatory Framework – VAUPA & Phase 1 (Effective July 2024)
2. Institutional and Corporate Crypto Accounts
3. Cross-Border Crypto Transactions
4. Stablecoins, Spot ETFs & Tokenized Securities
5. Crypto Tax Reform
6. Compliance Crackdowns on Exchanges
🔭 Overall Outlook & Timeline
Time PeriodKey Policy ActionsH1–H2 2025Pilot institutional accounts; crypto donation sales; begin cross-border regsQ3 2025FSC issues institutional guidelinesH2 2025Cross-border regulation enforcementH2 2025+Hold crypto ETF and STO frameworks, stablecoin laws2028Crypto profits taxation begins
✅ Policy Impact & Rationale
Enhanced Consumer Protection: Through asset segregation, cold storage, and reserve insurance
Gradual Institutional Opening: Ensuring regulatory readiness preserves financial stability
Alignment with Global Standards: Integration with FATF, LEI adoption, and cross-border reporting
Market Competitiveness: Simplifying bank-exchange partnerships and enabling new financial products (ETFs, STOs)
If you'd like deeper details on any aspect—like stablecoin frameworks, ETF developments, or how corporate accounts work—I’d be happy to dig in further!$SOL $ETH $BTC
#BigTechStablecoin #CircleIPO #EDGENLiveOnAlpha #BinanceMegadrop
🇰🇷 1. New Regulatory Framework – VAUPA & Phase 1 (Effective July 2024)
2. Institutional and Corporate Crypto Accounts
3. Cross-Border Crypto Transactions
4. Stablecoins, Spot ETFs & Tokenized Securities
5. Crypto Tax Reform
6. Compliance Crackdowns on Exchanges
🔭 Overall Outlook & Timeline
Time PeriodKey Policy ActionsH1–H2 2025Pilot institutional accounts; crypto donation sales; begin cross-border regsQ3 2025FSC issues institutional guidelinesH2 2025Cross-border regulation enforcementH2 2025+Hold crypto ETF and STO frameworks, stablecoin laws2028Crypto profits taxation begins
✅ Policy Impact & Rationale
Enhanced Consumer Protection: Through asset segregation, cold storage, and reserve insurance
Gradual Institutional Opening: Ensuring regulatory readiness preserves financial stability
Alignment with Global Standards: Integration with FATF, LEI adoption, and cross-border reporting
Market Competitiveness: Simplifying bank-exchange partnerships and enabling new financial products (ETFs, STOs)
If you'd like deeper details on any aspect—like stablecoin frameworks, ETF developments, or how corporate accounts work—I’d be happy to dig in further!$SOL $ETH $BTC
#BigTechStablecoin #CircleIPO #EDGENLiveOnAlpha #BinanceMegadrop
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
0
0