#SouthKoreaCryptoPolicy 🇰🇷 South Korea Crypto Policy – 2025 Update (Impact on Binance & Exchanges) 🔒 New Law (VAUPA) Exchanges must keep 80%+ of user funds in cold wallets Real-name bank accounts + insurance for user protection 🛡️ More Power to Regulators Authorities can freeze user assets for tax or AML issues Real-time monitoring required for suspicious transactions 💰 Crypto Tax 20% tax on gains above ₩2.5M (~$1.8K) from Jan 2025 Possible exemption raise to ₩50M (~$36K) under review 🏦 Institutions Entering Crypto Pilot program in H1 2025 for real-name institutional accounts Trading guidelines coming Q3 2025 🌍 Cross-Border Rules (H2 2025) Must register & report all crypto inflows/outflows to Bank of Korea 📉 Foreign Exchanges (like Binance) Must register in Korea, comply with KYC/AML, hold user funds locally Strict checks & real-name verification required. #BigTechStablecoin #MarketPullback #TrumpVsMusk #BinanceAlphaAlert