🇰🇷 South Korea dropping the hammer on overseas crypto transfers

Ministry of Finance now directly regulating exchanges, custodians, and any entity moving crypto cross-border (buys, sells, swaps).

Why this matters:

30% of global crypto volume flows through South Korea

85% of that is ALTCOINS, not BTC/ETH

This isn't just regulatory theater. When a market that pumps alts this hard tightens the screws on international flows, liquidity could shift fast. Watch for:

Volume migration to other exchanges

Potential alt volatility as Korean retail adjusts

Compliance costs hitting smaller platforms

If you're trading Korean-heavy alts or using KR exchanges for arb, stay sharp. Regulatory pressure = liquidity risk.