South Korea's Financial Supervisory Service Upgrades System for Virtual Asset Fraud Compensation
- South Korea's Financial Supervisory Service (FSS) has launched a system overhaul to address compensation for financial fraud losses.
- The project, initiated on August 6, focuses on improving the compensation calculation system for virtual asset losses.
- Currently, compensation is calculated based on losses in Korean won, but reforms will introduce a compensation ratio for virtual assets.
- The new system will consider the type and quantity of virtual assets involved in fraud cases.
- When payments are suspended, the won-denominated exchange value of virtual assets will be included in the compensation calculation.
On August 10, it was reported that South Korea's Financial Supervisory Service (FSS) has embarked on a comprehensive overhaul of its system to address compensation for losses from financial fraud, including voice phishing involving virtual assets.
The FSS launched the "Financial Fraud Loss Compensation System Improvement Project" on August 6. This initiative aims to reform the existing compensation calculation system, which currently focuses on losses denominated in Korean won.
Starting from October this year, the new system will include virtual asset losses in compensation calculations. It will adopt a compensation ratio and take into account the type and quantity of virtual assets involved in fraud cases.
Additionally, in cases where payments are suspended, the won-denominated exchange value of the virtual assets will also be factored into the compensation calculations.
韩国金融监督服务局升级系统以准备虚拟资产诈骗赔偿
8月10日报道，韩国金融监督服务局（FSS）启动了系统全面升级，以应对包括虚拟资产语音诈骗在内的金融诈骗损失赔偿问题。
FSS于8月6日启动了“金融诈骗损失赔偿系统改善项目”。该项目旨在改革现有的赔偿计算系统，目前主要基于韩元损失进行计算。
从今年10月开始，新系统将把虚拟资产损失纳入赔偿计算。它将采用赔偿比例，并考虑涉及诈骗案件的虚拟资产的类型和数量。
此外，在支付被暂停的情况下，虚拟资产的韩元兑换价值也将被纳入赔偿计算。