๐Ÿ‡ฐ๐Ÿ‡ท South Korea: crypto regulation underway!

Since 2024, Seoul has strengthened its digital asset law with a strict but proactive approach ๐Ÿ”’
Here are the key points:

โœ… 80% of crypto funds must be stored in cold wallets
โœ… Mandatory insurance for exchanges
๐Ÿšซ Ban on privacy coins
๐Ÿ’ธ 20% tax on gains starting January 2025
๐Ÿ“Š Control of international transactions in 2025
๐Ÿข Opening up to institutional investors in progress

๐Ÿ’ฌ Strict but transparent regulation.
๐Ÿ“ˆ A hindrance or a model for other countries? Your opinion in the comments! ๐Ÿ‘‡

#SouthKoreaCryptoPolicy