South Korea's Financial Services Commission and Financial Supervisory Service announced on April 8 a joint initiative with the Digital Asset Exchange Association (DAXA) and local exchanges to strengthen the virtual asset withdrawal delay system. This move aims to prevent telecom fraud funds from being quickly transferred out of exchanges. The new regulations standardize previously inconsistent withdrawal delay exceptions across exchanges, requiring a comprehensive assessment of transaction frequency, duration, and fund amounts. Regulatory data revealed that from June to September 2025, 59% of fraud-related accounts were linked to 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 enhanced KYC and fund source checks on exception accounts at least annually and establish a withdrawal data monitoring system.