How #SouthKoreaCryptoPolicy ?🤦‍♀️🤦‍♀️

🇰🇷 1. New Regulatory Framework – VAUPA & Phase 1 (Effective July 2024)

2. Institutional and Corporate Crypto Accounts

3. Cross-Border Crypto Transactions

4. Stablecoins, Spot ETFs & Tokenized Securities

5. Crypto Tax Reform

6. Compliance Crackdowns on Exchanges

🔭 Overall Outlook & Timeline

Time PeriodKey Policy ActionsH1–H2 2025Pilot institutional accounts; crypto donation sales; begin cross-border regsQ3 2025FSC issues institutional guidelinesH2 2025Cross-border regulation enforcementH2 2025+Hold crypto ETF and STO frameworks, stablecoin laws2028Crypto profits taxation begins

✅ Policy Impact & Rationale

Enhanced Consumer Protection: Through asset segregation, cold storage, and reserve insurance

Gradual Institutional Opening: Ensuring regulatory readiness preserves financial stability

Alignment with Global Standards: Integration with FATF, LEI adoption, and cross-border reporting

Market Competitiveness: Simplifying bank-exchange partnerships and enabling new financial products (ETFs, STOs)

If you'd like deeper details on any aspect—like stablecoin frameworks, ETF developments, or how corporate accounts work—I’d be happy to dig in further!$SOL $ETH $BTC

#BigTechStablecoin #CircleIPO #EDGENLiveOnAlpha #BinanceMegadrop