🇰🇷 South Korea Crypto Regulation 2025: Strict Yet Progressive
South Korea is one of the countries most serious about crypto regulations. Since 2023, they have enacted new laws that protect investors and prevent money laundering while still allowing room for innovation. Here are the main points:
✅ Key Points:
Mandatory Exchange Registration: All crypto platforms must be registered with the financial authority and use real-name accounts.
User Protection Law (VAUPA): User assets must be separated, stored securely, and insured.
NFTs & Stablecoins Regulated: NFTs that can be divided or used for payments are considered virtual assets. Stablecoins must be 100% backed by reserves.
Crypto Tax Starting 2028: Only profits above 5 million won (~$3,600) are subject to a progressive tax of 20–25%.
Institutions Allowed In: Starting in 2025, universities, foundations, and companies can legally hold crypto.
Crypto ETF Under Discussion: The government is considering the legalization of spot ETFs like in the US.
🔍 Why Is It Important?
This regulation could serve as an example for other countries: strict to protect users, yet still encourages innovation. Suitable for serious investors and long-term projects.
