South Korea\'s fintech sector is expanding payment infrastructure while strengthening security and user protection. The Financial Supervisory Service and the Korea Fintech Industry Association launched a consultative body with major payment gateway firms to curb suspicious transactions. The Bank of Korea raised its policy rate to 2.75 percent, the first hike in 3.5 years, prompting tighter household lending management. Authorities also plan higher deposits and trading units for single-stock leveraged ETFs.

Kim Iuck-hyun (김이억원), chairman of the Financial Services Commission, said he will reflect a range of views on property lending policy in measures to manage household debt and protect end-users. At a public forum in Seoul, experts urged differentiated rules, including limiting guaranteed jeonse loans to vulnerable households while expanding support for them. Others called for moving beyond uniform loan caps and imposing macroprudential fees on high-priced homes, multi-homeowners and large borrowers.