How South Korea’s New Crypto Law Will Impact the Market and Traders
1 min read
The post How South Korea’s New Crypto Law Will Impact the Market and Traders appeared first on Coinpedia Fintech News Big news from South Korea! South Korea’s first comprehensive crypto regulatory framework, the Virtual Asset User Protection Act (VAUPA), is now in effect. The new law aims to safeguard investors following the Terra-Luna and FTX collapse. It mandates that local crypto exchanges keep at least 80% of user deposits with interest rates of 1% to …
Source: coinpedia
