Eun Sung-soo: "Warning on Coin Overheating Was a Deliberate Statement... Understands Anger of 2030 Generation"

[Asia Economy Reporter Park Ji-hwan] Eun Sung-soo, Chairman of the Financial Services Commission, emphasized that his description of the younger generation's 'overheated' cryptocurrency investment as a wrong path was not a slip of the tongue but a "deliberate warning" as he left the Financial Services Commission after two years in office.

On the 30th, ahead of his farewell ceremony, Chairman Eun met with the press and explained the background of his response during the National Assembly's Political Affairs Committee, saying, "Someone had to speak out about the overheated virtual asset market at some point, and since a question was raised in the Political Affairs Committee, I answered." He added, "I had prepared the content in advance, but I was a bit excited."

In April, when Chairman Eun appeared before the Political Affairs Committee, he sparked controversy by stating, "(If young people) go down the wrong path, adults have to tell them." Following this, a public petition calling for Chairman Eun's voluntary resignation was raised, garnering over 200,000 signatures.

Chairman Eun said, "The public petition was not a pleasant matter personally," but added, "However, I understand the anger of those in their 20s and 30s."

Regarding short selling, he also stated, "Even if I received criticism, it was not possible to ban short selling only in our country in an open financial market," affirming that it was the right decision.

This content was produced with the assistance of AI translation services.