#韩国加密政策 South Korea, as one of the most active countries in global cryptocurrency trading, has policies that significantly impact the market. Below is a systematic analysis:
🇰🇷 South Korea's cryptocurrency policies have a major impact on the market
1. Stricter policies → Short-term bearish for prices, but long-term bullish
The South Korean government has recently strengthened its regulation of cryptocurrency exchanges, project parties, and assets, such as:
Real-name account system (prohibiting anonymous trading)
Virtual asset service provider (VASP) registration system
Strengthening anti-money laundering (AML) and KYC standards
✅ In the medium to long term, this brings a more compliant and transparent trading environment, which helps institutional entry and capital stability
2. South Korean market trading volume is large → Policies have spillover effects on global prices
South Korean exchanges (like Upbit, Bithumb) have at times surpassed 10-20% of the global total trading volume for certain cryptocurrencies