#SouthKoreaCryptoPolicy

## 🌍 General Context

* South Korea is one of the largest global trading markets, with daily trading activity reaching 15 trillion won (equivalent to the size of KOSPI + KOSDAQ) ([itif.org][11])

* Despite its popularity, the Korean regulation is known for its **"positive regulation"** system: meaning any new activity must obtain prior approval, which may slow down innovation 

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### ✅ Summary: Current Trends

| Trend | Details |

| ⚖️ Enhanced Protection | Focus on user protection and financial compliance |

| 🏛️ Professional Regulation | Gradual opening to institutions and experts |

| 📜 Expanding Regulation | Includes stablecoins, token offerings, and international transfers |

| 🚧 Challenge-Ridden Environment | Strict regulatory system may slow down innovation despite its advantages |

Overall, South Korea is moving towards a more transparent and inclusive ecosystem for digital currencies, balancing between tightening protection and opening up to institutions, but within a strict regulatory framework similar to central bank approaches.

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Would you like a deeper analysis of the impact of these policies on individual or institutional investors? Or a comparison with another country's policy? Let me know and I will dive into it!