In recent years, South Korea has experienced a transition in cryptocurrency policy from strict regulation to gradual relaxation. In July 2024, the 'Virtual Asset User Protection Act' will come into effect, strengthening penalties for market manipulation and insider trading, and requiring exchanges to ensure the safety of user assets. Starting in June 2025, South Korea will exempt non-profit organizations and exchanges from cryptocurrency trading fees to promote transparent donations and compliant trading. At the same time, after the 2025 presidential election, policies may be further relaxed, including allowing spot ETFs, legalizing stablecoins, and gradually opening up participation for institutional investors. These measures aim to balance innovation and regulation, promoting South Korea as a global blockchain hub.