PANews reported on April 11 that according to Digital Today, South Korea's financial regulator has decided to postpone the application of the Credit Information Act to virtual asset service providers (VASPs) until December 1, 2025. Previously, the Financial Services Commission defined crypto user transaction information as "credit information", requiring crypto exchanges to comply with the law. Considering the lack of time for the industry to prepare, the Financial Supervisory Service decided not to impose penalties on related violations during the grace period, unless there are exceptions such as intent or gross negligence.