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Finance

Toss Insurance introduces system to handle black consumers, protect agents

Toss Insurance will introduce a system to improve the counselling environment to protect its insurance agents. The company said on June 1 it will implement a \"black consumer response system\" so agents can focus on customer consultations and coverage planning in a stable environment. Under the system, if an agent faces excessive burden from repeated exposure to improper language or conduct, the agent can request to stop handling the customer and have headquarters respond.

Finance

Korea to scrap cap on rewards for reporting stock manipulation and accounting fraud

South Korea will abolish the ceiling on rewards paid to people who report stock manipulation and accounting fraud, raising incentives to report major unfair-trading cases. The Financial Services Commission said amendments to enforcement decrees under the Capital Markets Act and the External Audit Act were approved by the cabinet. Rewards will be simplified and paid up to 30 percent of illicit gains or penalties. The rules also expand eligibility, allow partial advance payments and strengthen information-sharing among agencies.

Crypto

Binance says 2025 illicit crypto recovery rate 11 percent, 55 times higher than traditional assets

About 11 percent of illicit cryptocurrency transaction volume in 2025 was seized or frozen through cooperation between law enforcement agencies and private-sector groups, Binance Research said. Binance said the recovery rate was about 55 times higher than that for traditional financial assets. The report cited cases involving Tether, Interpol and the T3 Financial Crime Unit. Analysts including Chainalysis and TRM Labs questioned Binance’s figures, citing excluded categories such as hacks and ransomware.