$BTC

South Korea has repeatedly shown that it is ready to balance between innovation and security. Perhaps their approach will serve as an example for other countries.

South Korea continues to set the pace in regulating the crypto market in Asia. Recent initiatives to strengthen oversight of exchanges, including requirements for KYC, AML, and reserve verification, clearly signal that the market is maturing. And while this may limit some users, in the long run, trust is increasing. Institutional investors will not enter gray areas, so the clearer the rules, the higher the volumes.