South Korea has revised its New Start Fund debt relief program to include cryptocurrency holdings in asset assessments. The changes were announced after a June 25 meeting between the Financial Services Commission and the Korea Asset Management Corporation. Applicants using the five major won‑based cryptocurrency exchanges must submit balance certificates that the Korea Asset Management Corporation reviews during eligibility checks. Debt forgiveness under the program will be tied more closely to each borrower’s repayment capacity. Borrowers whose repayment capacity exceeds 100% will face a minimum principal reduction of 30% instead of the previous 60% threshold. The minimum reduction for unsecured debt that has been delinquent for more than 90 days remains at 60% to 80%, while vulnerable borrowers may receive reductions of up to 90%. The commission said the revisions aim to distribute public support and limit unnecessary spending. Amendments to the Credit Information Act effective August 13 allow agencies to obtain cryptocurrency and unlisted share data in bulk for verification after restructuring approvals. The updates are part of a series of digital asset policy measures introduced this month, including a proposal to expand the regulatory sandbox to cover digital asset laws and a licensing framework for cross‑border virtual asset transfers that will take effect in December.