#SouthKoreaCryptoPolicy
South Korea has announced new policies regulating the cryptocurrency market, including imposing taxes on trading profits and strict monitoring of local platforms. These measures aim to protect investors and increase transparency. However, they may temporarily reduce trading volume. Some currencies like XRP may be affected due to partnerships with Korean entities. It is important to follow legal updates in countries that influence the market to better understand price movements.
🔍 Example: XRP Currency
