[Legal updates in Korea] New protections for voice phishing victims involving virtual assets

The Korea Herald · Jung Min-kyung · 2026-11-01 05:30 UTC

● Updated Law: Special Act on Prevention of Losses Caused by Telecommunications Financial Fraud and Refund for Losses What it does: Expands financial fraud vic

● Updated Law: Special Act on Prevention of Losses Caused by Telecommunications Financial Fraud and Refund for Losses

What it does: Expands financial fraud victim protection to virtual asset exchanges, allowing payment suspensions and refunds involving virtual assets

Took effect: Oct. 1

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