Republic of Korea: Bill amending Act on Protection of Users of Virtual Assets including provisions on internal control standards for virtual asset service providers (Bill No. 2219097)
Progress
Current status
under deliberation
04 Jun 2026 under deliberation
Scope
Implementers
Republic of Korea
Policy Area
Consumer protection
Policy Instrument
Quality of Service requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Government Branch
legislature
Government Body
parliament
Implementation Level
national
Timeline of events
Bill amending Act on Protection of Users of Virtual Assets including provisions on internal control standards for virtual asset service providers was introduced to National Assembly
On 4 June 2026, the Bill amending the Act on Protection of Users of Virtual Assets, including provisions on internal control standards for virtual asset service providers, was introduced to the National Assembly. The Bill seeks to strengthen informa…
Event type
law
Action type
introduction
Government branch
legislature
Government body
parliament