South Korea’s top financial regulator to accelerate new crypto legislation

08/11 09:34

According to Forkast, a task force comprising private-sector experts and relevant ministries will “expedite the review process of bills on virtual assets,” said chairman of South Korea’s Financial Services Commission (FSC) Kim Joo-hyun at Thursday’s National Assembly meeting. Kim said the upcoming crypto legislation will take a “balanced” approach towards the development of blockchain technology, investor protection and market stability.

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