Yonhap News reported that government debt adjustment agencies, such as the Saedoyak Fund and Saechulbal Fund, will additionally verify financial assets and virtual asset holdings when assessing a debtor's repayment ability. The Financial Services Commission announced that an amendment to the 'Act on the Use and Protection of Credit Information', which includes these details, has passed the plenary session of the National Assembly. Until now, repayment ability has been assessed primarily based on real estate and tax information, but concerns have been raised that more thorough asset scrutiny is needed to prevent moral hazard.
