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South Korea To Change Its Legal Framework To Better Control Crypto Projects

1 min read Original Link

According to local media outlet News 1, Chang-Hyun is proposing to grant more authority to the country’s Financial Services Commission and Financial Supervisory Service “in lieu of self-regulation” of cryptocurrency exchanges. “Rep. Yoon Chang-Hyun of the People Power Party plans to propose a revision of the secure digital asset transactions bill at the first legislative review subcommittee of the National Assembly’s Political Affairs Committee held on the same day.” (cryptopotato)

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