#SouthKoreaCryptoPolicy
South Korea's crypto policy is evolving rapidly! The Virtual Asset User Protection Act (July 2024) regulates unfair practices, ensuring investor safety. Real-name trading and strict KYC rules enhance transparency, while the FATF Travel Rule combats money laundering. Crypto gains remain tax-free until 2027, but institutional investment bans may lift by Q3 2025. Proposals under President Lee Jae-myung include spot crypto ETFs and pension fund investments, signaling a crypto-friendly future. Stablecoin regulations and exchange oversight further strengthen the ecosystem. South Korea is balancing innovation and security, paving the way for global crypto leadership!
