#SouthKoreaCryptoPolicy 🇰🇷 South Korea tightens its cryptocurrency policy!
Starting July 2025, a new law will come into effect, providing for imprisonment for manipulations in the crypto market, including insider trading and pump schemes. Fines can reach up to $7 million. 💸
🔒 Regulators are increasing control over exchanges, and market participants will need to be as transparent as possible.
📈 This is a step towards legalization and protection of investors, but also a signal for traders — the rules of the game are changing.
What do you think, will this help South Korea become a safe crypto zone or will it deter investors? 🤔