According to Foresight News, Park Sang-hyuk, a member of the Democratic Party of Korea, proposed to amend the Virtual Asset User Protection Act. The proposal aims to protect the cryptocurrencies held by investors when a trading platform goes bankrupt. It will prevent crypto assets from being used to pay off debts or be confiscated, and ensure that these assets are returned to users first. The current legal regulations have been criticized for potentially preventing users from recovering their crypto assets when a trading platform goes bankrupt.