Best Crypto to Buy Now Amid South Korea’s Stricter Regulations

Amid the new wave of crypto investment bolstered by the news that Bitcoin has reached an all-time high, a not-so-good piece of news has surfaced in the market. South Korea is moving forward with tightening the rules around digital transactions as it prepares to bring its own institutional players into the cryptocurrency market.

The new rules are focused on guidelines for nonprofit crypto spaces and establishing stricter standards around cryptocurrency listings.

These new wave regulations could bring better projects into the South Korean ecosystem. However, some elements, such as increased scrutiny for meme coins, could be deemed controversial. As a result, a new rush has emerged to find and invest in the best crypto to buy now.

Sweeping New Measures Are Coming to the Crypto Industry

The announcement was made through the Financial Services Commission of South Korea during the Virtual Asset Committee meeting, stating that it has finalized sweeping new measures.

The measures will take effect in June and will allow nonprofit organizations and virtual asset exchanges to sell crypto, but under a new regime.

Rules around nonprofit organizations:

• Nonprofit entities must show at least 5 years of audited financial history to sell and receive virtual asset donations.
• All donations must be routed through verified Korean won exchange accounts. Banks will be responsible for verifications.
• Only cryptos listed on three major domestic exchanges will be eligible.

Rules around exchange sales:

• Crypto exchanges will get the power to liquidate user fees paid in crypto, but only to cover operational costs.
• Sales will only be allowed for the top 20 tokens by market cap across five won-based exchanges.
• The focus will also be on placing more restrictions on meme coins. According to the new rules, exchanges must delist them if these meme coins fail to meet the liquidity benchmark or community engagement thresholds.

Although these rules are restrictive, they also focus on maintaining the presence of only the best assets on the market. The presence of such virtual assets could attract new investors due to the trust factor.

Best Crypto to Buy Now – Top 3 List

BTC Bull

South Korea’s new laws suggest that Bitcoin will be one of the tokens allowed to be traded on the country’s top exchanges. This is excellent news for Bitcoin, as it could bring even more buyers.

That subsequent growth could spill into the meme coin sector as well, given the right narrative. BTC Bull is a new token that has focused on this narrative, delivering token burns and Bitcoin airdrops to follow Bitcoin’s growth.

This approach might appear stylized, but it could have a huge impact on the BTC Bull price. The token has already raised upwards of $6 million, and hopes are high for it to become the next 10x crypto.

The addition of a strong meme around bull themes is another reason this project is creating excitement. And while it is a meme coin without much thought for long-term goals, it could still succeed given the current market dynamics.

ClayBro agrees. In a recent video posted just before Bitcoin crossed its all-time high, he said that BTC Bull could be the best way to make gains in crypto.

SUBBD

Since South Korea stated that only the top 20 cryptocurrencies by market cap will be allowed listing on the top domestic exchanges, it is clear that cryptos with strong utility could find their way there.

One of the most utility-driven assets to emerge right now is SUBBD. SUBBD is a content creation project that, although modeled after OnlyFans, offers unique AI- and crypto-driven attributes that set it apart from the rest.

For one, the project focuses on strong mechanics that ensure content creators are paid properly. Secondly, there are AI tools within it that perform administrative tasks, allowing creators to focus on what they do best — creating content.

These AI tools are designed to redefine the creator-fan relationship and, according to the official whitepaper, will help creators collaborate with their fans at a deeper level.

Fans will be able to leverage AI Influencer tools to create their own models using a GPT-like module, adding richness to the already rich spicy content available.

There are also gamified elements within the ecosystem to add more value, and with staking, users can get even more out of the platform.

In another one of his recent videos, ClayBro pointed out the positive predictions around SUBBD and how big it could become once it goes live on an exchange.

Mind of Pepe

The AI agent narrative is a new one. Therefore, it could take time for such tokens to make their way to South Korea. However, when there is a vitality element to tokens with this narrative—and proper liquidity to boot—chances are high for such projects to become a success.

Such is the idea behind the conceptualization of Mind of Pepe.

A meme coin project portrayed by a Pepe with a cyborg body, Mind of Pepe circumvents the traditional “no-utility” paradigm of meme coins and provides a robust AI agent that has already gone live.

With sharp information about current market conditions and precise details about upcoming ICOs, Mind of Pepe is already generating enough buzz in the market to explode after going live on an exchange. And it will go live within the next 10 days.

The Pepe-based themes, the unique AI agent economics, and the precise focus on delivering the best to the cryptocurrency community—these are the reasons it is highly likely that Mind of Pepe could explode upon listing.

Popular analyst 99Bitcoins believes that too. And with the market already in its most bullish phase, Mind of Pepe might be the best crypto to buy now.

Final Words

South Korea’s recent move to create better cryptocurrency laws could have both positive and negative impacts. Some may argue that it may stymie innovation, since only the top 20 coins by market cap will be allowed a place on top cryptocurrency exchanges. Others may say that adding a filter to allow only the best means investors will have access to tokens that could yield positive results.

Regardless of the outcome of these new regulations, finding the best crypto to buy now has become critical, as people look for assets that can capitalize on the emerging rules—rules that could shape the future of the blockchain industry.

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