South Korea is one of the most advanced countries in terms of crypto adoption, but it also has some of the strictest regulations. Exchanges must comply with identity verification (KYC) requirements, licenses, and financial compliance standards. This has its pros and cons: on one hand, it protects users; on the other, it may limit participation in some projects. In recent months, there has been a lot of talk about new laws that could affect staking and asset custody. It will be interesting to see how the Asian market adapts to these changes.
