#SouthKoreaCryptoPolicy South Korea is a role model in organizing the cryptocurrency market!
The steps they have taken reflect a great awareness of protecting investors and smartly regulating the market, without stifling innovation. 👏
📌 Linking accounts to real identity has reduced financial crimes and money laundering.
📌 Imposing taxes on profits is a logical step, especially with exemptions for small profits — a fair system that encourages people to trade responsibly.
📌 Restricting leverage is excellent; many have lost their money due to greed or lack of experience.
💬 Discussion point:
Do you think Arab countries need similar steps?
And do you see taxing profits from cryptocurrencies as a motivator or an obstacle for beginners? 🤔
🔒 In the end, smart regulation protects you more than it restricts you.