Republic of Korea: Enforcement Decree of the Act on the Protection of Virtual Asset Users (Presidential Decree No. 35472) was adopted
Description
Enforcement Decree of the Act on the Protection of Virtual Asset Users (Presidential Decree No. 35472) was adopted
On 22 April 2025, the Enforcement Decree of the Act on the Protection of Virtual Asset Users (Presidential Decree No. 35472) entered into force. The decree sets out rules for digital payment providers, including cryptocurrency services, to strengthe…
Scope
Policy Area
Consumer protection
Policy Instrument
Quality of Service requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies), other service provider
Implementation Level
national
Government Branch
executive
Government Body
central government