PANews reported on May 20 that according to Cryptonews, South Korea and the European Union held a cybersecurity policy dialogue in Seoul, and both sides agreed to strengthen cooperation to combat cryptocurrency thefts by North Korean hacker groups. Yoon Jong-kwon, Director of the International Security Bureau of the South Korean Ministry of Foreign Affairs, and Maciej Stadejek, Director of Security Policy at the European External Action Service, co-chaired the meeting, focusing on cross-border intelligence sharing, financial infrastructure protection and other cooperation plans.

South Korean lawmaker Ha Tae-kyung revealed that South Korea has lost another $310 million since the United Nations reported in 2019 that North Korea stole $2 billion in cryptocurrencies. He accused the Korea Internet and Security Agency (KISA) of security loopholes and suggested that it be reorganized into an agency directly under the president. The EU and South Korea plan to coordinate their positions under multilateral frameworks such as the United Nations and assist developing countries in improving their cybersecurity capabilities.