[South Korean crypto exchange Gopax signs virtual asset commercial liability insurance] Golden Finance reported that with the implementation of the Virtual Asset User Protection Act, South Korean crypto exchange Gopax signed Samsung Fire's virtual asset commercial liability insurance, which covers accidents such as hacker attacks. According to the Virtual Asset User Protection Act, exchanges must store more than 80% of their coins in cold wallets. For virtual assets stored in hot wallets connected to the Internet, the value exceeds 5%, insurance must be registered or part of the retained earnings must be kept as a reserve.