#SouthKoreaCryptoPolicy

South Korea is tightening crypto regulations while opening doors to institutional adoption. The Virtual Asset User Protection Act, effective July 2024, requires exchanges to store 80% of user funds in cold wallets and separate client assets from company funds. A three-phase rollout is allowing institutions to access crypto gradually—starting with government agencies and nonprofits, then expanding to investment firms and listed companies by late 2025. Future laws will focus on stablecoin regulation, transparency, and crypto disclosures. South Korea also plans to allow spot ETFs, tokenized securities, and corporate crypto trading. It’s a bold move toward a safer, more integrated digital asset economy.