According to the report from the Electronic Times, the Financial Supervisory Service (FSS) of South Korea has required crypto exchanges to pay a total of 7.9 billion won (approximately $5.54 million) in annual regulatory fees. The fee is set at 0.6%, higher than the initially expected 0.4%. These fees need to be paid quarterly by the end of March, May, July, and October. Except for Korbit (whose operating revenue is less than 3 billion won, approximately $2.08 million), the fee allocation is as follows: Upbit operator Dunamu will pay 6.7 billion won (approximately $4.64 million); Bithumb will pay 900 million won (approximately $624,000); Coinone will pay 150 million won (approximately $104,000); Gopax will pay approximately 213.5 million won (approximately $14,800). The total fees for the four major exchanges are approximately 7.9 billion won (approximately $5.54 million).