Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/308157 
Authors: 
Year of Publication: 
2024
Series/Report no.: 
KDI Focus No. 137
Publisher: 
Korea Development Institute (KDI), Sejong
Abstract: 
Emerging financial products driven by innovation, such as virtual assets and simplified payment services, introduce both new conveniences and in-transaction risks to customer funds. Despite regulations on segregating customer funds already in place, full compliance by businesses with these rules is unlikely, especially with insolvency on their horizon. This paper proposes a new protection framework that bolsters the safety of new financial products and reduces funding pressures for the compensation scheme.
Persistent Identifier of the first edition: 
Document Type: 
Research Report

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