네이버-두나무, '20조 빅딜' 3개월 연기…공정위 심사 지연 '발목'

Naver's 20-trillion-won merger with Dunamu (Upbit's operator) faces a 3-month delay due to regulatory scrutiny and pending digital asset legislation, revealing growing challenges for major fintech consolidation in Korea. The Fair Trade Commission's focus on market dominance combined with undefined cryptocurrency laws creates critical uncertainty that could reshape industry M&A activity. This signals that regulatory clarity and legislative predictability will be decisive factors for future financial integration in the sector.