The Financial Intelligence Unit (FIU), under the Financial Services Commission, plans to meet with major domestic virtual asset exchanges this month to conduct additional discussions on the amendments to the enforcement decree and supervisory regulations of the Act on Reporting and Using Specified Financial Transaction Information (Specified Financial Information Act).

The proposed amendments contain provisions such as imposing a reporting obligation to the FIU for virtual asset transactions worth 10 million won or more. However, as the industry has raised concerns that such regulations impose an excessive burden, the FIU's policy is to broadly gather feedback from the field to complement the system.

According to Dailyian, an FIU official stated, "We plan to meet with the industry again this month to proceed with additional discussions," and added, "While the specific direction for adjustments has not yet been decided, we are reviewing various measures."