#SouthKoreaCryptoPolicy Virtual Asset User Protection Act (VAUPA): Enacted July 2024, it strengthens oversight through 24/7 monitoring, audit rights for FSC and Bank of Korea, and strict penalties for unfair trading .

Crypto taxation: A 20 % gains tax applies only when profits exceed ₩2.5 million (~$1,800), but implementation has been repeatedly delayed from 2023 to at least 2028 .