[South Korea FSC Chairman Candidate Sparks Controversy Over Investment in Strategy and Publicly Questioning Bitcoin's Value] According to a report by Cryptonews, as cited by Jinse Finance, South Korea's Financial Services Commission (FSC) chairman candidate Lee Eog-won has faced criticism from members of the National Assembly for investing in shares of the Bitcoin-friendly U.S. company Strategy. During a confirmation hearing at the National Assembly on September 2, Lee Eog-won stated that he purchased blue-chip U.S. stocks to understand investor sentiment. The FSC is South Korea's top financial regulatory body and holds the ultimate authority over the country's crypto regulations. Lee Eog-won's investment portfolio also includes shares of Nvidia and Tesla, which is seen as conflicting with President Lee Jae-myung's policy to revitalize the domestic stock market. Additionally, Lee Eog-won has faced criticism from the crypto community for his comments on the value of crypto assets. He described Bitcoin and other cryptocurrencies as having "no intrinsic value" and expressed reservations about discussions on whether the government and pension funds might be allowed to establish strategic Bitcoin reserves.