South Korea's cryptocurrency law has been launched, attracting global attention! This "Virtual Asset User Protection Act" not only builds a solid line of defense for investors, but also leads the global crypto industry into a new era of security. As an economic giant, South Korea once again demonstrated its forward-looking leadership and officially activated the law on July 18, giving the crypto market a legal framework. The bill has a one-year grace period to ensure a smooth transition.

The core highlights include: exchanges must store 80% of users' crypto assets in cold wallets for isolated custody, cash deposits are held in licensed banks, and maintain an equal amount of crypto reserves to strengthen fund security. In addition, the introduction of insurance and reserve fund mechanisms to resist hacker and liquidity risks and build a solid "safety net" for investors.

South Korea's move has undoubtedly set a benchmark in the field of global crypto regulation, demonstrating its firm determination and forward-looking vision as an industry pioneer. #以太坊ETF批准预期 #币安HODLer空投BANANA #美国大选如何影响加密产业？ #WazirX黑客事件 #山寨季何时到来？