#SouthKoreaCryptoPolicy South Korea is actively fighting crimes in the cryptocurrency sphere. In 2023, a special Center for Cryptocurrency Crime Investigation was established, uniting prosecutors, financial and tax inspectors. In 2024, its status was elevated to a permanent division. The adopted law on the protection of cryptocurrency users tightens penalties for fraud — up to life imprisonment. As part of the investigations, hundreds of people have been arrested, with damages amounting to hundreds of millions of dollars. Providers are required to store 80% of funds in cold wallets. There is also increased control over foreign platforms. South Korea demonstrates a tough approach to regulating the cryptocurrency market and actively protects the interests of investors and users.