🇰🇷 #SouthKoreaCryptoPolicy
📅 From July 2024, South Korea enforces its first-ever investor protection law for crypto.
➡️ Exchanges must compensate users for system errors or hacks.
🇰🇷 #SouthKoreaCryptoPolicy
💼 Over 600 tokens will be reviewed for listing/delisting under new screening rules.
➡️ Strict compliance is now key for altcoins in Korea.
🇰🇷 #SouthKoreaCryptoPolicy
📊 South Korea’s FSC now monitors whale trades and suspicious activity in real-time.
➡️ A big step toward institutional-grade transparency.
🇰🇷 #SouthKoreaCryptoPolicy
🧑⚖️ Up to life imprisonment for crypto-related crimes involving over 5 billion KRW ($3.6M).
➡️ One of the world's harshest penalties for crypto fraud.
🇰🇷 #SouthKoreaCryptoPolicy
🪙 South Korea doesn’t tax crypto gains below 2.5 million KRW (~$1,850) until 2025.
➡️ Retail-friendly tax break still in effect.