Following the implementation of the "Virtual Asset User Protection Act," South Korean cryptocurrency exchange Gopax has signed a virtual asset commercial liability insurance policy with Samsung Fire & Marine Insurance, which covers accidental incidents such as hacker attacks. Under the "Virtual Asset User Protection Act," exchanges are required to store more than 80% of their coins in cold wallets. For cases where the value of virtual assets stored in hot wallets connected to the internet exceeds 5%, insurance must be registered or a portion of retained earnings must be set aside as a reserve.