🚨 South Korea’s Crypto Stall: Why Approval Takes Longer?

Fast forward to 2025: The Financial Intelligence Unit handed out only two new approvals for Virtual Asset Service Providers. The lucky ones? Happy Block and Blosafe. Talk about exclusivity! And just when you thought things couldn’t get slower, approval times soared from 11 months to about 16 months. Some unlucky souls have been twiddling their thumbs for over 600 days. Seriously, where’s the therapy for that?





