In recent years, South Korea has experienced a shift in cryptocurrency policy from strict regulation to gradual easing. 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 waive cryptocurrency trading fees for non-profit organizations and exchanges to promote transparent donations and compliant trading. At the same time, after the presidential election in 2025, policies may be further relaxed, including allowing spot ETFs, legalizing stablecoins, and gradually opening participation to institutional investors. These measures aim to balance innovation and regulation, promoting South Korea to become a global blockchain hub.