[South Korean Authorities Rule Out Immediate Easing of Virtual Asset Regulations] According to Edaily, South Korea's top financial and foreign exchange regulatory body has expressed its stance against immediately easing virtual asset regulations. This statement was made in response to the Ministry of SMEs and Startups' review of rationalizing current rules. On June 22, the Financial Services Commission, the Ministry of Economy and Finance, and the Bank of Korea concluded after internal reviews that it would be difficult to advance the regulatory relaxation measures requested by the industry. Regulators pointed out that the policy direction has not shifted toward easing regulations, and many proposed changes cannot be implemented without amending existing laws. This review stems from a meeting held on June 8 between the Ministry of SMEs and Startups and industry representatives. A Financial Services Commission official stated that the agency is currently gathering industry opinions on specific details rather than planning to ease regulations, adding that no decisions have been finalized yet.