#SouthKoreaCryptoPolicy South Korea is one of the most active countries in the field of digital currencies, but at the same time, it imposes strict regulatory policies to protect investors and ensure transparency. The Korean government requires trading platforms to comply with Know Your Customer (KYC) and Anti-Money Laundering (AML) procedures, and it also imposes taxes on digital currency profits, making trading more regulated and professional. For example, when trading the BTC/KRW pair on a Korean platform, you must have a bank account that matches your real name. This type of regulation gives confidence to local investors, but it may reduce random trading volume or high speculation. Korea seeks to achieve a balance between innovation and oversight.

#SouthKoreaCryptoPolicy