#SouthKoreaCryptoPolicy

South Korea is actively shaping its crypto future. In July 2024, the **Virtual Assets User Protection Act (VAUPA)** came into effect, enhancing investor protection, introducing rules against manipulation, and requiring exchanges to separate client funds.

**Phase Two of Regulation (2025)** focuses on **stablecoins**, providing clearer guidelines on their backing and platform operations. By the third quarter of 2025, rules for **institutional investments** are expected to be introduced, allowing corporations and non-profit organizations to legally trade crypto assets.

Both leading presidential candidates support the legalization of spot crypto ETFs and the easing of regulations, indicating a **pro-crypto stance** for the country. The goal is to create a transparent, secure, and competitive crypto market.

---

#SouthKorea #CryptoRegulationBattle #VAUPA #InstitutionalCrypto #Stablecoins