Four PillarsFour PillarsAsia Digital Asset Policy Center

News · South Korea

South KoreaDigital Asset

Lee Kang-il: "Will Push for Passage of the Basic Act on Digital Assets in December"

  • Rep. Lee Kang-il (Democratic Party of Korea) pledged to push for passage of the Basic Act on Digital Assets within the year, with January–February next year as a fallback deadline.
  • He expressed regret over delays in establishing a regulatory framework for digital assets in Korea.
  • He stressed that regulatory changes in the United States could affect Korea's digital asset industry and financial markets.

More news from South Korea

All news from South Korea