#SouthKoreaCryptoPolicy South Korea is actively shaping its crypto policy, aiming for a balanced approach of innovation and stringent regulation. The newly elected president is pushing for a more pro-crypto environment, including plans to legalize spot crypto ETFs and introduce a won-backed stablecoin.
Recent measures by the Financial Services Commission (FSC) focus on investor protection and market transparency. This includes stricter listing standards for exchanges, enhanced AML/KYC procedures, and allowing institutions like charities and universities to engage with crypto via real-name accounts. A 20% capital gains tax on crypto profits has been delayed to 2028, reflecting ongoing discussions about market readiness. #SouthKoreaCryptoPolicy