๐ฐ๐ท South Korea: crypto regulation underway!
Since 2024, Seoul has strengthened its digital asset law with a strict but proactive approach ๐
Here are the key points:
โ 80% of crypto funds must be stored in cold wallets
โ Mandatory insurance for exchanges
๐ซ Ban on privacy coins
๐ธ 20% tax on gains starting January 2025
๐ Control of international transactions in 2025
๐ข Opening up to institutional investors in progress
๐ฌ Strict but transparent regulation.
๐ A hindrance or a model for other countries? Your opinion in the comments! ๐
#SouthKoreaCryptoPolicy
Since 2024, Seoul has strengthened its digital asset law with a strict but proactive approach ๐
Here are the key points:
โ 80% of crypto funds must be stored in cold wallets
โ Mandatory insurance for exchanges
๐ซ Ban on privacy coins
๐ธ 20% tax on gains starting January 2025
๐ Control of international transactions in 2025
๐ข Opening up to institutional investors in progress
๐ฌ Strict but transparent regulation.
๐ A hindrance or a model for other countries? Your opinion in the comments! ๐
#SouthKoreaCryptoPolicy