#SouthKoreaCryptoPolicy

#SouthKoreaCryptoPolicy ๐Ÿšจ South Korea's Crypto Regulation: 2025 Update ๐Ÿ‡ฐ๐Ÿ‡ท

South Korea is taking major steps to balance crypto innovation with investor protection, rolling out comprehensive policies to regulate both retail and institutional markets.

Hereโ€™s what you need to know:

๐Ÿ”’ Key Protections under the 2023 Virtual Asset User Protection Act (effective July 2024):

80% of client funds must be in cold wallets

Mandatory insurance against hacks

Rules against market manipulation

Stronger enforcement powers for the Financial Services Commission (FSC)

๐Ÿ› Institutional Access Expanding: