#SouthKoreaCryptoPolicy

South Korea is one of the most active crypto markets in the world—and its government takes regulation seriously. The country has implemented strict KYC (Know Your Customer) and AML (Anti-Money Laundering) rules, making it mandatory for crypto users to verify identities and link real-name bank accounts.

In 2023, South Korea passed a new Virtual Asset User Protection Act to enhance investor safety, prevent fraud, and increase transparency. Exchanges must now hold a portion of assets in cold wallets and meet new compliance standards.

🇰🇷 The goal? To balance innovation with regulation. South Korea isn’t banning crypto—it’s building a safer ecosystem for both users and businesses.

#CryptoRegulation #SouthKoreaCrypto #BlockchainPolicy #CryptoNews #KoreanMarkets #CryptoCompliance