# South Korea Updates NFT Regulations Ahead of New Law

South Korea has reportedly tightened regulations on NFTs. The country's financial authorities have recently unveiled new guidelines categorizing certain non-fungible tokens (NFTs) as virtual assets in anticipation of the Virtual Asset User Protection Act, set to take effect on July 19. This legislat

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| Published | 12 June 2024 |

Source: https://egamers.io/south-korea-updates-nft-regulations-ahead-of-new-law/