An assessment said that to revitalize the virtual asset market, regulators need to govern the sector with an open perspective.

At the 2026 Future Finance Forum hosted by ChosunBiz at the Westin Josun Hotel in Sogong-dong, Seoul, on the 13th, a panel discussion was held on what is needed to invigorate virtual assets. Professor Lee Jong-seop of Seoul National University's College of Business served as moderator, and Lee Yoon-beom, head of strategy at Naver Pay; Catherine Chen, head of institutional at Binance Holdings Ltd.; Lee Eun-jin, APAC sales director at Ripple; and Park Sung-hoon, CEO of AIzerox, joined as panelists.

A panel discussion takes place at the Future Finance Forum at the Westin Josun Hotel in Jung District, Seoul, on the 13th. Lee Jong-seop (far left), a professor at Seoul National University, serves as moderator; panelists are Lee Yoon-beom (from the second left to the right) of Naver Pay Strategy Team Lead, Catherine Chen, Head of Institutional at Binance Holdings Ltd., Lee Eun-jin, APAC Sales Director at Ripple, and Park Sung-hoon, CEO of AI ZeroX. /Courtesy of ChosunBiz

Catherine Chen said, "Because virtual assets are still in the early stage, there are limits to managing them at the same level as real-world assets. They will gradually change while complying with market regulations." She added, "It is important for the authorities to create necessary regulations from an open perspective. Appropriate regulation is needed so as not to hinder development."

Lee Yoon-beom said, "To conduct global commerce and multilateral transactions through stablecoins, many regulations need to be resolved," adding, "For this reason, Naver Pay is planning to start with content transactions."

Lee Eun-jin said, "We are currently working on a project related to virtual assets with Kyobo Life Insurance, but the situation is somewhat cautious because the related legislation has not been finalized," while noting, "We are making various efforts gradually through collaboration with global corporations." Lee added, "Regarding virtual assets, it would be desirable for financial institutions to make even small attempts within the scope of regulation."

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