#SouthKoreaCryptoPolicy

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South Korea is taking a strict approach to regulating the cryptocurrency market to ensure investor protection and reduce financial crimes.

The new laws require trading platforms to register and implement strict measures such as identity verification (KYC) and anti-money laundering (AML).

Nevertheless, the government supports innovation in blockchain and metaverse technologies.

Advice for every trader: Always check the platform's licenses before investing and do not invest money you cannot afford to lose.

Transparency and regulation contribute to building a safer market.