You Could Face Life in Prison Under South Korea’s New Crypto Regulation

South Korea has laid down stringent regulations that could lead to lifetime imprisonment for individuals involved in illicit crypto gains exceeding $3.7 million. This bold step forms part of the Virtual Asset User Protection Act, established on July 18, 2023, which is set to be implemented starting from July 19, 2024. The act aims to safeguard cryptocurrency users and instill order in... source: https://beincrypto.com/south-korea-crypto-regulation-prison/