South Korea, Third-Biggest Crypto Market, Faces Regulatory Tug-of-War: NFT Crackdown and Crypto Tax Debates Amid Global ETF Race
South Korea's tightening regulations on NFTs and ongoing debates over crypto taxes reflect its cautious approach to nurturing the crypto industry while mitigating risks. However, its lag in spot crypto ETFs may hinder growth, though signs of progress, like the FSC's initiatives, offer hope for navigating this complex landscape.
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