April 23, 2025

South Korea’s New Crypto Act Spurs Major Bitcoin Exchange Reviews and Compliance Efforts

1 min read

South Korea is set to enforce its inaugural crypto user protection legislation on July 19. The new regulation mandates a thorough review of over 600 cryptocurrencies by nearly 30 registered exchanges. Failing to adhere to these requirements could result in significant criminal penalties for the exchanges involved. South Korea’s new crypto act aims to bolster

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Source: CoinOtag

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