[South Korea Financial Services Commission Holds First 'Virtual Asset Committee' Meeting of the Year] According to a report by Jinse Finance, the South Korea Financial Services Commission (FSC) held the first meeting of the 2026 'Virtual Asset Committee' today. During the meeting, representatives from relevant ministries, agencies, and the private sector discussed the mid-term review of the virtual asset overpayment incident (February 6) and the direction for institutional improvements, as well as the main content of the government review plan for the provisionally named 'Basic Digital Asset Act' (Phase 2 of the 'Virtual Asset Act'). Based on today's discussions, the Financial Services Commission plans to continue advancing DAXA's internal control standards and self-regulation improvements, and will consult with both the ruling and opposition parties on legislative matters.