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Finance

Household loan cap raised to 3 percent; scraping to be phased down

South Korea’s financial authorities loosened parts of their household loan management stance by raising this year’s lending growth target to 3 percent from 1.5 percent and planning 47.8 trillion won-plus in housing supply finance support. The move is expected to expand banks’ annual capacity for household loans to around 60 trillion won. Authorities also agreed not to block scraping all at once, opting to phase it down while preparing alternatives such as public MyData.

Crypto

UK ranks third in bitcoin adoption, but 60,000 seized BTC cannot be held as reserves

Britain ranked third in a global bitcoin adoption assessment, but about 60,000 to 61,000 bitcoin held by the government is classified as seized assets linked to suspected crime, not a national strategic reserve. The index, published by infrastructure firm JAN3, factors in holdings, mining, the legal and tax environment, reserve policy and political leadership. Prosecutors said final disposition depends on confiscation and civil procedures, and guidance distinguishes seizure from ownership.

Finance

U.S. SEC reviewed more than 1 billion airline ticket records, raising data-broker surveillance row

A controversy has erupted after it emerged that the U.S. Securities and Exchange Commission subscribed to a database containing more than 1 billion global airline booking records and used it to track personal travel. The data included names, payment information, origin and destination cities and flight numbers, and the SEC used automated alerts to flag new bookings. Critics say buying such data may bypass legal procedures. ARC said the program aimed to prevent crime and bolster national security.