Republic of Korea: Enforcement Decree of the Act on the Protection of Virtual Asset Users (Presidential Decree No. 35472) entered into force
Description
Enforcement Decree of the Act on the Protection of Virtual Asset Users (Presidential Decree No. 35472) entered into force
On 23 April 2025, the Central Government of the Republic of Korea implemented the Enforcement Decree of the Act on the Protection of Virtual Asset Users, etc. as outlined in Presidential Decree No. 35472. This decree regulates digital payment provid…
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