#SouthKoreaCryptoPolicy South Korea is one of the most technologically advanced countries, and the crypto market here is huge. However, due to past scandals (such as Terra/LUNA), the government has begun to implement strict regulations – but it does not prohibit, rather it develops the infrastructure.

Currently, a second package of reforms is being prepared:

• Regulation of token listings on exchanges.

• Control over stablecoins.

• Rules for custodians, brokers, market makers.

• Legalization of spot #ETFs on #BTC and #ETH is planned.