South Korea's Financial Services Commission (FSC) is reportedly planning to investigate the fee levels of major domestic cryptocurrency exchanges to assess whether current fees impose an excessive burden on users and to explore the necessity of policy intervention.

This investigation is one of the specific implementation steps of President Lee Jae-myung's campaign promise to "reduce crypto transaction fees."

The FSC revealed in its work report to the National Policy Planning Committee that the investigation will cover major exchanges including Bithumb, Upbit, and Coinone, focusing on fee rate systems, charging methods, and amounts.

It will also reference overseas cases to determine reasonable fee levels.

President Lee Jae-myung previously pledged to reduce the current fee level of approximately 0.05% to 0.015%.

The FSC stated that this investigation is a preparatory step for reducing fees and that no specific target rate has been set yet.

The regulatory body will establish policy standards through comparative analysis of domestic and international exchanges and assessments of user convenience.