South Korea's Fresh Start Fund Includes Crypto Assets in Debt Relief Assessment as of June 26

According to Yonhapnews, South Korea's government has modified its Fresh Start Fund debt adjustment program to include cryptocurrency assets in the debt relief eligibility assessment as of June 26. The revised framework adjusts debt forgiveness rates based on applicants' repayment capacity, which now incorporates holdings of crypto assets. The fund has collaborated with South Korea's five major won-trading cryptocurrency exchanges since January 2026, utilizing virtual asset balance statements in property evaluations. Applicants confirmed as members of these exchanges are now required to directly submit these statements.
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