Techub News: The Korea Financial Services Commission (FSC) held its first "Virtual Asset Committee" meeting of 2026 today. During the meeting, relevant government departments, agencies, and private sector representatives discussed the mid-term review and regulatory improvements related to the virtual asset overpayment incident on February 6, as well as the main contents of the government review plan tentatively called the "Digital Asset Basic Act" (Phase Two "Virtual Asset Act"). The FSC stated that it will continue to promote improvements in DAXA's internal control standards and self-regulation, and will engage in consultations with the ruling party and opposition party regarding legislation.