> For the complete documentation index, see [llms.txt](https://support.backpack.exchange/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://support.backpack.exchange/exchange/programs/referrals/korean-market-compliance-commitment.md). # Korean Market Compliance Commitment Backpack remains dedicated to fostering a sustainable and legally compliant digital asset ecosystem. As an exchange that holds licenses in major developed countries, we have always prioritized compliance as the core of our operations. In light of the current regulatory environment, we would like to reiterate our existing policies regarding services and promotional activities in South Korea. #### Our Unwavering Adherence to Local Regulations Backpack has consistently monitored and complied with the regulatory guidelines issued by financial authorities in every region we operate. We have long been aware of the advisories concerning virtual asset services targeting domestic users in Korea. Accordingly, it has always been Backpack’s firm policy to market and provide services only in jurisdictions where we are fully aligned with local legal requirements. #### Reiteration of Affiliate & Referral Guidelines We would like to remind our affiliates and partners of our long-standing rules regarding the referral program, which remain strictly in effect: * **Prohibition of Targeted Marketing**\ As previously established, all affiliates are strictly prohibited from marketing or promoting Backpack services specifically to the Korean market or Korean residents. * **Continuous Monitoring**\ We maintain active monitoring of all promotional channels (Social Media, Telegram, etc.). Any activity targeting Korean users—including the use of Korean-language promotional materials—remains a violation of our terms. * **Enforcement of Policy**\ We continue to enforce strict penalties for violations, which include the immediate suspension of affiliate accounts, forfeiture of commissions, and termination of partnerships. #### Our Perspective on Compliance We value our community, but our top priority has always been the protection of our users through strict legal compliance. Our record of seeking professional legal counsel and operating within the boundaries of the law reflects our commitment to being a transparent and responsible platform. #### Reporting Violations To help us maintain these standards, please continue to report any unauthorized marketing activities targeting Korean users to our support team at ****. Backpack will continue to uphold its rigorous standards and work proactively to ensure a secure and compliant trading environment for everyone. --- # Agent Instructions This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com. ## Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter, and the optional `goal` query parameter: ``` GET https://support.backpack.exchange/exchange/programs/referrals/korean-market-compliance-commitment.md?ask=&goal= ``` `ask` is the immediate question: it should be specific, self-contained, and written in natural language. `goal` is optional and describes the broader end goal you are ultimately trying to accomplish on behalf of the user. GitBook uses it to tailor the answer towards what is most useful for that goal. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.