Republic of Korea: 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
Description
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…
Scope
Policy Area
Consumer protection
Policy Instrument
Quality of Service requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Implementation Level
national
Government Branch
legislature
Government Body
parliament