South Korea Prepares Next Wave of Crypto Regulations for 2025 đ°đˇ
South Korea is drafting the second phase of its cryptocurrency #regulatory framework, aiming to introduce legislation in the latter half of 2025. The Financial Services Commission (FSC) plans to address issues such as transparency in crypto listings, stablecoin regulation, and parity in disclosure requirements with traditional finance.
The first regulatory phase, implemented in July 2023, focused on investor protection through stricter exchange requirements like 80% cold storage for user funds. As a major global crypto market, South Korea seeks a systematic and comprehensive approach to regulation, aligning with international trends.
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