South Korea has commenced a detailed inspection of blockchain services, focusing on virtual asset exchanges, stablecoin platforms, decentralized identity (DID) systems, and public blockchain infrastructure. This initiative, led by the Personal Information Protection Commission (PIPC) after a plenary meeting on November 20, aims to ensure adherence to data protection laws, evaluate security protocols, and assess risk management in cryptocurrency transactions. The inspection underscores South Korea's proactive stance on regulating new technologies, aiming to balance innovation with consumer protection. The outcomes of this inspection could potentially influence global regulatory frameworks and establish precedents for international standards in cryptocurrency oversight.