South Korea Introduces Comprehensive Cryptocurrency Regulations Effective June 2025
04.05.2025 15:24
South Korea’s Financial Services Commission has announced new cryptocurrency regulations, effective June 2025, aiming to enhance market transparency and mitigate speculative trading. The rules restrict sales of meme coins and illiquid tokens while allowing nonprofits and exchanges to sell cryptocurrencies under certain conditions. Nonprofits must immediately convert received crypto donations to fiat, and only tokens listed on multiple exchanges (excluding meme coins) are permitted. Anti-money laundering measures are strengthened and new cryptocurrencies must meet minimum circulation requirements. The new regulatory framework, targeting market manipulation and fraud, is expected to stabilize the market, lower volatility, and potentially set industry standards for global crypto regulation. These measures may decrease liquidity for highly speculative coins but aim to boost investor confidence and reshape trading strategies.
Restrictions on meme coins like DOGE in a major market may reduce demand and liquidity in South Korea; historical bans have caused short-term price drops, with mild recovery after adjustment.
Sources
South Korea Expands Crypto Access as Nonprofits, Exchanges Get Green Light
crypto-news-flash.com
05.05.2025 11:41
Important Changes Regarding the Sale of Cryptocurrencies Held by Exchanges in South Korea
Bitcoin Sistemi
04.05.2025 21:00
South Korea Sets New Crypto Sales Rules for Nonprofits and Exchanges
theccpress.com
04.05.2025 15:39
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