#SouthKoreaCryptoPolicy The cryptocurrency policy in South Korea shows significant progress, such as institutionalized regulation and the implementation of the capital gains tax. However, challenges persist, such as the exodus of companies to more favorable jurisdictions. It is crucial for the government to balance investor protection with the promotion of innovation to maintain its position as a leader in blockchain technology. The regulation of cross-border transactions is a positive step, but it must be accompanied by measures that foster a competitive and attractive business environment for cryptocurrency companies.
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