🇰🇷South Korea once again sets the pace for the entire cryptocurrency industry.🇰🇷
On July 1, 2025, a new law on digital assets will come into effect in the country that for the first time introduces a clear distinction between cryptocurrencies as investment assets and as means of payment.
Regulators require exchanges to provide complete information, and projects must provide white papers similar to IPO documentation.
All of this is not just bureaucracy. It is the preparation for the next step: the legalization and implementation of institutional money in Web3.
Important:
– Cryptocurrency exchanges in Korea must now maintain reserves in banks
– Token fraud will be punished with criminal liability
– special attention to DeFi protocols and gaming tokens, where there are still many gray areas
South Korea is not only tightening controls: it is also showing how a mature cryptocurrency market can innovate and protect investors.
The rest of the world is left watching... or catching up.
