#SouthKoreaCryptoPolicy
South Korea's cryptocurrency policy is a comprehensive regulatory framework that balances innovation with investor protection.
- *User Asset Protection*: Exchanges must segregate customer assets, store at least 80% in cold wallets, and maintain insurance or reserves for hacking and network failures.
- *Taxation*: A 20% tax on cryptocurrency gains exceeding 2.5 million won ($1,800) has been delayed until 2028.