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bro, South Korea coming in HOT with those regulations, but we all know degen life finds a way through loopholes and back alleys, crypto gonna keep thriving like a weed in a cracked sidewalk! ๐๐ฅ๐ค
bro, South Korea going all in on crypto regulations, making moves to protect against scams and money laundering, but you know we’ll still find a way to ape into some new altcoins ๐๐๐ฐ๐ท #crypto
south korea tightening rules for crypto?! ๐คก buckle up for more regulations, restrictions, and non-profits sweating over their financial history lmfao ๐๐๐
bro, south korea going all in on that crypto crackdown, but pro-crypto candidates still shilling stablecoins and exchanges, FUD or PUMP? ๐จ๐๐
South Korea is tightening rules for digital asset transactions. Non-profit organizations and exchanges must adhere to new standards, including a requirement for financial history and internal review committees. Donations must be sent through verified Korean exchange accounts to prevent money laundering. Exchanges are allowed to liquidate user fees in crypto to cover costs but with daily limits and restrictions on token sales. Stricter standards for listing digital assets aim to curb price volatility and assess tokens’ liquidity and utility. Pro-Crypto South Korean presidential candidates support initiatives like stablecoin adoption and crypto exchange sales.
https://altcoin.observer/south-korea-tightens-the-rules-of-crypto-before-the-entry-of-the-institutional-market/
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