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South Korea Mandates Cryptocurrency Influencers to Disclose Assets by 2026

South Korea Mandates Cryptocurrency Influencers to Disclose Assets by 2026

Author:

Global Cryptocurrency

Published:

2026-02-25 22:06:02

16

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BTCCSquare news:

South Korea's Democratic Party has proposed stringent legislation requiring financial influencers to disclose their cryptocurrency holdings and sponsored content payments. The bill, submitted by Lawmaker Kim Seung-won, amends the Capital Markets Act and Virtual Asset User Protection Act to safeguard investors from conflicts of interest and misleading advice.

Influencers promoting investment recommendations must reveal all crypto and financial asset holdings, along with payment details for promotions. Violations will be treated as major capital market offenses, akin to price manipulation. The MOVE reflects growing concerns over crypto-related misinformation disseminated through social media channels.

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