South Korea’s securities industry is accelerating digital asset plans but is watching regulatory moves after Bithumb’s large-scale bitcoin mispayment incident. Key issues in talks on the Digital Asset Basic Act include limiting major shareholders’ stakes in exchanges to 15 to 20 percent and requiring won stablecoin issuers to be majority bank-owned. Firms are expanding tokenised securities partnerships, while some warn new rules could curb exchange investments and shift control of stablecoin payments to banks.

Sh Suhyup Bank said on Wednesday it has established a bank-wide consumer protection management plan and will work to embed a financial consumer protection culture across the organisation. The bank held an employee rally on strengthening financial consumer protection during its 2026 management strategy meeting attended by about 220 branch managers and staff. It also cited measures such as a new inspection team, a staff panel and services for elderly, disabled and other customers.