#SouthKoreaCryptoPolicy Crypto policy in South Korea has been rigorous, but it is evolving. The country has become a key market for cryptocurrencies, but it has also implemented strict regulations to combat money laundering and protect investors. Currently, exchange platforms are required to be registered and collaborate with local banks, which provides more security. Additionally, South Korea is exploring its own central bank digital currency (CBDC). Balanced regulation can foster innovation and protect the consumer.
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