On August 1, with the implementation of South Korea's "Virtual Asset User Protection Law", virtual asset service providers such as Upbit, Bithumb and Coinone will also start paying regulatory fees. Regulatory fees are collected based on operating income, and the total amount is expected to be 300 million won (220,000 US dollars). The regulatory contribution of virtual asset service providers will be calculated based on the operating income and contribution rate of the previous operating year. Based on the 2024 contribution rate, Upbit's fee is about 272 million won (199,000 US dollars) and Bithumb is about 36.50 million won. Coinone and Gopax are 6.03 million won and 830,000 won respectively. Korbit, which had operating income of about 1.70 billion won last year, is not covered by the regulatory contribution.