South Korea is redefining digital assets as part of a broader regulatory overhaul, according to Harry Kim, Chief Business Officer of Kintsugi Technologies. Speaking at Finternet 2025 on November 4, Kim highlighted that the new South Korean president has prioritized digital assets and financial innovation as key national objectives for the next four years. The country's large retail market is under scrutiny, prompting regulators to clarify asset definitions, shifting legal terminology from "virtual assets" to "digital assets."