South Korea is changing its position on cryptocurrencies, moving to a more open approach, lifting the ban on institutional cryptocurrency trading. The Financial Services Commission (FSC) will issue guidelines for investing in cryptocurrency with phased deadlines for different participants. This step is aimed at developing the cryptocurrency market, ensuring the protection of users. The guidelines will include best practices for cryptocurrency investments with an emphasis on anti-money laundering and system security. South Korea is also working on further regulation of cryptocurrencies and plans to allow charities and colleges to sell crypto assets. The country has a large base of cryptocurrency users and is exploring the possibility of creating cryptocurrency spot ETFs.#Write2Earn #Write2Earn! #Squar2earn #KoreaCryptoRegulations #TrendingTopic $BTC