South Korea Eyes Mandatory Crypto Influencer Disclosures South Korea is moving to require crypto and stock influencers to disclose their holdings and any paid promotions under proposed amendments to the Capital Markets Act and Virtual Asset User Protection Act. The bill, introduced February 25, 2026, comes as trading volumes on major Korean exchanges have dropped sharply year over year, with lawmakers aiming to curb market manipulation and conflicts of interest. Penalties could include fines and criminal liability, as regulators look to tighten oversight of retail driven crypto promotion.