#SouthKoreaCryptoPolicy 🚨 South Korea Tightens Crypto Rules While Embracing Institutional Adoption 🇰🇷💼

Starting July 2024, the Virtual Asset User Protection Act comes into effect—mandating crypto exchanges to store 80% of user funds in cold wallets and strictly separate client assets from company funds. 🧊🔐

A three-phase adoption plan is underway:

1️⃣ Gov agencies & nonprofits

2️⃣ Investment firms

3️⃣ Public companies (by late 2025)

South Korea’s future roadmap includes:

🔄 Stablecoin regulation

🧾 Transparent disclosures

📊 Spot ETFs & tokenized securities

🏢 Corporate crypto trading

This strategic shift signals a safer, more structured digital asset economy—laying the foundation for mainstream institutional participation in crypto. 🚀

#GregLens