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SouthKoreaCryptoPolicy
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#SouthKoreaCryptoPolicy $SOL $XRP #SouthKoreaCryptoPolicy is evolving rapidly to balance innovation with investor protection. The country enforces strict rules for exchanges, including real-name accounts, cold storage for user funds, and AML/KYC compliance. A new crypto law effective from July 2024 strengthens user protection and mandates insurance for assets. Institutional access is being phased in from 2025, while the planned 20% crypto gains tax has been delayed until 2028. South Korea is also preparing a second major crypto law to regulate stablecoins and improve transparency, signaling a more open yet regulated environment for digital assets.
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