South Korea's financial and foreign exchange regulators have reaffirmed their position against the immediate relaxation of virtual asset regulations. Following a review by the Ministry of SMEs and Startups, the Financial Services Commission, the Ministry of Economy and Finance, and the Bank of Korea concluded that advancing regulatory easing measures is currently unfeasible. The authorities emphasized that the policy direction has not shifted towards deregulation, and many proposed changes require legislative amendments. The review was prompted by a meeting on June 8 between the Ministry of SMEs and Startups and industry representatives. Officials from the Financial Services Commission indicated that they are currently gathering industry feedback on specific rules but have no plans to relax regulations at this time. Similarly, the Ministry of Economy and Finance confirmed that no review of regulatory easing for virtual assets is underway.