#SouthKoreaCryptoPolicy

#SouthKoreaCryptoPolicy – A 309-Word Summary

South Korea has emerged as one of the most proactive regulators in the global crypto landscape, aiming to balance innovation with investor protection. The backbone of its current policy is the Virtual Asset User Protection Act (VAUPA), effective from July 2024. This law mandates that exchanges hold at least 80% of customer assets in cold storage, maintain insurance against hacks, and enforce stricter