#SouthKoreaCryptoPolicy South Korea's Evolving Crypto Policy #SouthKoreaCryptoPolicy
South Korea is forging a robust regulatory framework for its dynamic crypto market. The Financial Services Commission (FSC) is at the forefront, emphasizing #InvestorProtection and #MarketTransparency. New regulations, effective June 2025, tighten rules for virtual asset service providers (#VASPs), including stricter listing standards for exchanges and enhanced #AML and #KYC protocols.
A significant focus is on allowing institutional participation, with guidelines for non-profits and even discussions around #SpotCryptoETFs and pension fund investments. While the government aims to curb illicit activities and market manipulation, there's a clear push towards integrating digital assets into traditional finance, fostering growth in this highly active retail crypto landscape.