The Korea Financial Services Commission and the Financial Supervisory Service announced on April 8th that they will jointly strengthen the "Withdrawal Delay System" for virtual assets in collaboration with the Digital Asset Exchange Association (DAXA) and local exchanges to prevent telecom scam funds from quickly transferring out through exchanges. The new regulations unify the previously inconsistent withdrawal delay exception standards across exchanges, requiring a comprehensive consideration of the number of transactions, transaction duration, and the amount of funds in and out, and clearly specify situations where exceptions are not applicable. Regulatory data shows that from June to September 2025, 59% of scam-related accounts involved in exchanges were from accounts with withdrawal delay exceptions. Under the new standards, the proportion of exception accounts is expected to drop to less than 1% of all users. Exchanges will also conduct at least one enhanced KYC and source of funds verification for exception accounts annually and establish a withdrawal data monitoring system. (News1)