Per Woofun AI, South Korea's Financial Services Commission, Ministry of Economy and Finance, and the Bank of Korea have jointly declared that immediate easing of virtual asset regulations is currently unfeasible. This stance follows an internal review triggered by a June 8 meeting between the Ministry of SMEs and Startups and industry representatives, where stakeholders urged for regulatory relaxation.

Regulatory authorities emphasized that the current policy framework does not support deregulation, noting that many industry proposals require legislative amendments to implement. An official from the Financial Services Commission clarified that regulators are focused on collecting specific implementation feedback rather than planning regulatory loosening, with no definitive roadmap for relaxation established at this time.