South Korea's crypto policy is entering a critical phase. Recent regulatory shifts signal a move towards clearer guidelines, potentially boosting investor confidence. However, concerns remain about the balance between fostering innovation and mitigating risks. The upcoming amendments to the Specific Financial Transaction Information Act will be closely watched, especially concerning taxation and KYC/AML compliance. Industry stakeholders hope for a balanced approach that encourages responsible crypto adoption while protecting consumers. #SouthKoreaCryptoPolicy #CryptoRegulation #KCT #DigitalAssets
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