#SouthKoreaCryptoPolicy
South Korea’s crypto policy emphasizes strict regulation and investor protection. All exchanges must register, follow KYC/AML norms, and store 80% of assets in cold wallets. A new law effective July 2024 enhances user protection. A 20% tax on gains over 2.5 million KRW is delayed to 2028. Corporate and institutional trading is being phased in through pilot programs. Upcoming regulations in 2025 will target stablecoins, cross-border transfers, and ETF listings. ICOs remain banned, but Security Token Offerings (STOs) are gaining traction. Overall, South Korea is balancing innovation with control in its crypto ecosystem.
#SouthKoreaCrypto #CryptoRegulation #BinanceAsia #CryptoTax #STO #KYC