Martial Law Aftermath: South Korea's Crypto Reckoning!

2025 began with South Korea recovering from political chaos after ex-President Yoon's failed martial law attempt. This has thrust the crypto industry into a crackdown phase. Authorities are tightening regulations, postponing a planned crypto tax till 2027, targeting North Korean hackers, and increasing scrutiny on exchanges like Upbit amid corporate crypto trading demands. Notably, prosecutions for market manipulation have started under new laws. As an early election looms, crypto remains central to political debates, with candidates promising regulatory overhauls.