[South Korea's Financial Services Commission Plans to Study Virtual Asset Account Payment Suspension System] South Korea's Financial Services Commission is studying the introduction of a 'payment suspension' system in cases of virtual asset price manipulation to prevent suspects from transferring or concealing illicit gains during the investigation phase. At a regular meeting last November, the Financial Services Commission proposed referencing practices in the capital market for stock price manipulation, such as preemptively freezing accounts suspected of manipulating virtual asset prices and restricting fund outflows like withdrawals, transfers, and payments. Under the current system, assets can only be seized or recovered after prosecutors conduct investigations and obtain court warrants, which poses a risk of asset transfers. The Financial Services Commission is considering incorporating this mechanism into the proposed 'Second Phase Virtual Asset Legislation' to strengthen early-stage regulation and asset preservation.