#SouthKoreaCryptoPolicy
#SouthKoreaCryptoPolicy ๐จ South Korea's Crypto Regulation: 2025 Update ๐ฐ๐ท
South Korea is taking major steps to balance crypto innovation with investor protection, rolling out comprehensive policies to regulate both retail and institutional markets.
Hereโs what you need to know:
๐ 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)
๐ Institutional Access Expanding: