#SouthKoreaCryptoPolicy

South Korea tightens restrictions on cryptocurrencies, which is crucial for the entire market. 🚨

🔹 New regulations coming:

Starting in July, all trading platforms must report suspicious transactions within 3 days.

🔹 Stronger oversight:

The Financial Services Commission seeks to tighten Know Your Customer/Anti-Money Laundering rules, especially for foreign projects operating in Korea.

🔹 Investor impact:

This may limit access to high-risk alternative coins, but it could also contribute to building a safer and more legitimate market for long-term investors.

🧠 What this means:

South Korea's steps may set a precedent for global cryptocurrency laws. Stay vigilant. Stay informed.

$SUI $