#SouthKoreaCryptoPolicy South Korea has historically been one of the most active and advanced markets in terms of crypto adoption, but also one of the most regulated. Recently, South Korean authorities have tightened their approach towards digital assets, pushing policies that seek greater transparency, investor security, and control over money laundering.
One of the highlights is the requirement for strict licenses for exchanges, mandatory audits, and constant reporting to financial authorities. Additionally, there are new rules to prevent insider trading and market manipulation, especially after scandals like that of Terra/LUNA, which had Korean roots.
Although these measures may seem restrictive, they are also an attempt to legitimize and professionalize the ecosystem. The intention is clear: to make South Korea a safe environment for crypto investment, but under very high institutional standards.
🔍 What’s the consequence? A possible domino effect in Asia and beyond, where other governments may follow suit. At the same time, some projects and users may migrate to more flexible jurisdictions. The big question is: does regulation stifle innovation or boost it? Time will tell.