🇰🇷#SouthKoreaCryptoPolicy : What You Need to Know 📜💥

South Korea is stepping up its crypto regulation game with a new law set to take effect in July 2024 – and the crypto world is watching closely. 👁️‍🗨️

🔐 Key Highlights:

🔸Exchanges must report suspicious activity to protect investors.

🔸Executives can face jail time for price manipulation or insider trading.

🔸Strict rules on token listings and disclosures.

🔸Focus on investor protection, transparency, and legal compliance.

📉 What this means:

🔸Some altcoins may get delisted.

🔸Safer and more trustworthy market for retail investors.

🔸A benchmark for other countries shaping their own crypto laws.

🌐 South Korea is positioning itself as a Web3 leader – but on tight terms. Will this boost long-term confidence or limit innovation?