South Korea Ruling Party Says It Will Speed Up Digital Asset Framework Law in Second Half
Ahn Do-geol, who previously served as secretary of the Democratic Party’s digital asset task force, said the party will step up efforts in the second
➤ South Korea's ruling Democratic Party plans to accelerate the enactment of a digital asset framework law in the second half of the year to foster the sector and integrate it into the real economy. ➤ Industry participants are urging the relaxation of rules separating financial services from virtual asset businesses, advocating for convergence and the removal of restrictions on tokenized securities. ➤ The article also touches upon the US legislative landscape, mentioning the potential debate on the Clarity Act and the ongoing rule-making for the GENIUS Act stablecoin law.
