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