New Crypto Laws Proposed by Korean Political Parties

New Crypto Laws Proposed by Korean Political Parties
ôîòî ïîêàçàíî ñ : bitcoints.com

2018-7-12 23:33

South Korea’s National Assembly is reportedly set to witness a whirlwind of legislative efforts around cryptocurrencies in the coming days.
Between July 13 and 26, members of a number of Korean political parties are expected to submit bills focused on regulating cryptocurrencies, initial coin offerings and blockchain, according to a report from The Korea Times.
While a flurry of activity is anticipated, it’s not entirely clear how the process will play out.
The event comes in the wake of twin exchange hacks – targeting Coinrail and Bithumb – both of which took place in June.
The hacks have caused a loss of at least $70 million in total and triggered a wide discussion and critique among the country’s crypto community.

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