As a new transformation arrives in the field of financial regulation in South Korea, the newly appointed head of the Financial Supervisory Service, Lee Chan-jin, delivered an inaugural speech on August 16, outlining the blueprint for future financial regulation. Director Lee's speech focused on the development of the digital asset ecosystem and the safe application of artificial intelligence in the financial sector.

Lee Chan-jin emphasized that he will make every effort to promote the construction of the digital asset ecosystem and committed to providing sufficient legal and institutional support. This statement demonstrates the positive attitude of South Korean regulatory authorities towards the development of the digital economy, which is expected to bring new opportunities for the country's cryptocurrency and blockchain industry.

At the same time, Dean Li also specifically mentioned the application of artificial intelligence technology in the financial sector. He stated that he would be committed to ensuring the safe use of AI technology in the financial industry, which reflects the regulatory authorities' concern about the potential risks of emerging technologies.

In addition, Li Can-zhen emphasized the important role of the financial industry in the country's economic transformation. He pointed out that the financial industry should not only support the transformation of the national economy but also become the core driving force for economic growth. To achieve this goal, the Financial Supervisory Authority plans to actively introduce new technologies, participate in the wave of innovation, and lay the foundation for industrial upgrading.

Director Li's speech demonstrated the open attitude and forward-thinking of the South Korean financial regulatory authorities in the face of digital transformation. This shift in regulatory philosophy may inject new vitality into the development of South Korea's fintech industry, while also providing a reference for financial regulation in other countries.