🇰🇷 South Korean Crypto Exchanges Now Required to Keep 80% of Assets in Cold Storage
South Korea has just implemented its first major set of cryptocurrency regulations aimed at protecting investors in the nation. The new framework introduces stringent requirements for Virtual Asset Service Providers (VASPs). Dubbed the “Protection of Virtual Asset Users” (PVAU), the regulation mandates VASPs to hold at least 80% of users’ digital assets in cold storage....
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