#SouthKoreaCryptoPolicy This is serious: South Korea is going to require exchanges to have capital reserves as if they were banks.
📅 It’s official since May.
🔒 More regulation.
🔍 More KYC controls.
💸 Goal: to curb money laundering.
⚠️ Side effect: limit access to new projects.
It's not just Korea. It's being discussed worldwide.
The question is simple: can regulation happen without killing innovation?
I don’t mind them asking for transparency, but excessive control suffocates.
And not everyone has the resources to comply with these rules.
Are we heading towards a professional crypto industry or are we destroying the ecosystem?
💬 Do you agree with this policy? Yes or no?