#韩国加密政策

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

Regulation of trading platforms

- "Virtual Asset User Protection Act": Poses 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, purchasing insurance or reserves, and keeping transaction records for 15 years.

Tax policy

The implementation of capital gains tax on virtual asset transfers, originally planned for 2025, has been postponed to 2027. The ruling party had planned to impose a tax rate of 20% (including local tax of 22%) on cryptocurrency earnings exceeding the tax-exempt threshold, with the tax-exempt threshold increased from 2.5 million KRW to 50 million KRW.