According to reports, the South Korean Ministry of SMEs and Startups has announced a legislative notice for partial amendments to the Special Act on the Promotion of Risk Enterprises, proposing to remove the "virtual asset-related industry" from the restricted industries. After the amendment, virtual asset companies will be able to apply for or maintain their status as "risk enterprises." The amendment states that with the implementation of the User Protection Act for Virtual Assets and the improvement of the policy environment, continuing to restrict this industry has become inappropriate.