South Korea Takes a Tough Stance on Cryptos 🇰🇷📜 #SouthKoreaCryptoPolicy

🛡️ New Law on Digital Assets: Focus on Investor Protection!

Starting July 19, 2025, South Korea will implement its User Protection Law for Virtual Assets, a major reform that could inspire other countries in Asia.

🔍 What the law mandates:

🔒 Strict separation of user funds and platform assets.

⚖️ Severe penalties for market manipulation or insider trading.

🧾 Transparency obligation for token issuers and exchanges.

🛑 Prohibition of unauthorized internal trading within platforms.

📉 Immediate impact:

– Some Korean platforms have already removed several tokens deemed non-compliant.

– DeFi projects and altcoins will need to strengthen their practices or risk exclusion from the local market.

🌐 Why is this important?

South Korea is one of the most active crypto markets in the world. This regulation strengthens the legitimacy of cryptos but imposes strict discipline, which could also hinder certain projects.

💬 And you, do you find this regulation necessary for the growth of Web3?

#CryptoRegulation #Web3Asia #KoreaCrypto #CryptoNews #BinanceSquare