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Lee Bok-hyun, Head of Financial Supervisory Service, States "Domestic Capital Market Faces Crisis with Gap from Advanced Countries and Challenges from Virtual Assets"

Suehyeon Lee
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  • Lee Bok-hyun, head of the Financial Supervisory Service, stated that the Korean capital market is facing a crisis due to the gap with advanced countries and challenges from the virtual asset market.
  • Lee emphasized the importance of expanding long-term investment demand in the domestic capital market.
  • The Financial Supervisory Service pointed out the need for capital market reform and plans to prepare specific response measures.
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  • The article was summarized using an artificial intelligence-based language model.
  • Due to the nature of the technology, key content in the text may be excluded or different from the facts.

Lee Bok-hyun, head of the Financial Supervisory Service, emphasized the importance of capital market reform, stating that the Korean capital market is in crisis.

On the 6th, at an 'Open Discussion for Revitalizing the Korean Stock Market' held at the Korea Exchange, Lee said, "The domestic capital market is facing a 'Two-Front War' crisis, challenged by the gap with advanced markets and the virtual asset market."

He also presented opinions on the need to expand long-term investment demand within the capital market, the fiduciary duty of corporate management to shareholders, and the necessity of capital market reform. In particular, he plans to prepare specific response measures for expanding long-term investment demand.

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shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.