$BTC South Korea, as one of the most active countries in global cryptocurrency trading, has policies that are extremely crucial to the market. Below is a systematic analysis:

🇰🇷 The main impact of South Korea's cryptocurrency policies on the market

1. Stricter policies → Short-term negative for prices, but positive in the medium to long term

In recent years, the South Korean government has strengthened regulations on 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. Large trading volume in the South Korean market → Policies have spillover effects on global prices

South Korean exchanges (such as Upbit and Bithumb) have at times accounted for over 10-20% of the global trading volume for certain cryptocurrencies.