$BTC South Korea's cryptocurrency policy mainly includes the following aspects:

Regulation of trading platforms

- "Virtual Asset User Protection Act": imposes stricter compliance requirements on trading platforms, including asset custody mechanisms, insider trading prevention, and user asset segregation management. It requires virtual asset service providers to separate user funds from their own funds, maintained by reputable institutions, with a certain percentage of deposits stored in cold wallets, purchase insurance or reserves, and retain transaction records for 15 years.

Tax policy

Originally planned to implement a capital gains tax on virtual asset transfers in 2025, it has been postponed to 2027. The ruling party had planned to impose a 20% tax rate (including local taxes at 22%) on cryptocurrency gains exceeding the tax-free threshold, raising the tax-free threshold from 2.5 million KRW to 50 million KRW.