South Korean financial authorities push for auto insurance premium cuts amid high oil prices, while insurers resist citing profitability concerns after four consecutive years of rate reductions and 708 billion won losses in 2025.
South Korea is discussing operator liability for stablecoin incidents in its second-phase virtual asset legislation, addressing regulatory gaps as global stablecoin markets expand rapidly.
South Korea's Financial Services Commission launches new mortgage lending regulations focusing on DSR expansion, risk-weighted assets adjustment, and non-resident single homeowner restrictions to curb excessive borrowing.
JPMorgan: Crypto Market Structure Act likely to pass mid-year
JPMorgan predicts the Crypto Market Structure Act will likely pass by mid-2026, potentially transforming the crypto market and attracting institutional investors.