🇰🇷 #SouthKoreaCryptoPolicy – South Korea continues to lead in developing clear regulatory frameworks for digital assets. With growing adoption, the government is tightening policies to ensure transparency, investor protection, and market integrity. The Virtual Asset User Protection Act, effective July 2024, requires exchanges to meet stricter security standards, including cold wallet storage and insurance coverage against hacks.
This move aligns with global efforts to regulate the crypto space without stifling innovation. South Korea’s proactive stance may serve as a model for other countries seeking a balanced approach between control and growth in the crypto sector.
Stay informed. Policy shapes markets.
