#SouthKoreaCryptoPolicy On June 1, the new regulations for cryptocurrency exchange platforms in South Korea came into effect.

👨🏻‍⚖️ Supposedly, this is aimed at improving market oversight. These rules seek to control the circulation of tokens and strengthen measures against money laundering, but we all know that governments want to control even the air we breathe.

🗜️ They claim that special attention will be paid to preventing market manipulation through more rigorous listing procedures. Additionally, non-profit organizations will face greater scrutiny in managing the circulation of tokens.

🪝 For their part, platforms must enhance transparency in their operations and comply with established circulation limits to mitigate risks associated with fraudulent schemes.

📑 With these measures, the South Korean government aims to balance innovation in the crypto sector with investor protection and regulatory compliance (which they themselves have imposed).