South Korea's Financial Supervisory Service Releases 2026 Work Plan, Strengthening Regulation of Virtual Assets

Odaily News The Financial Supervisory Service of South Korea today released its 2026 work plan, announcing it will conduct special investigations into high-risk areas within the virtual asset market that disrupt market order, such as price manipulation. Key monitoring targets include price manipulation by large holders, artificial price manipulation during periods when specific exchanges suspend deposits and withdrawals, and trading activities that spread false information using social media. Furthermore, the Financial Supervisory Service has established a preparatory group for the Digital Asset Basic Act, aiming to establish an information disclosure system for the issuance and trading of virtual assets, and plans to develop a function utilizing AI analysis technology to automatically extract suspicious transactions. Regarding IT incidents in the financial sector, the agency intends to introduce a punitive fine system and strengthen the security responsibilities of CEOs and information protection officers.