South Korea Crypto Policy Update โ What You Need to Know!
South Korea is making big moves ๐ง
New โVirtual Asset User Protection Actโ will kick in soon, forcing exchanges to keep user funds safe, show real-time reserves, and share data quickly.
Also, President Leeโs team just appointed Kim Yong-beom, the former Hashed CEO, to guide tech and crypto regulation .
That means faster support for spot ETFs, KRW-backed stablecoins, and institutional moves โ all under a clearer, safer system.
๐ Why it matters?
โ๏ธ Investors get better protection
โ๏ธ Crypto goes mainstream
โ๏ธ Big players can jump in โ smart move