South Korea’s opposition party pushes for legislation to support crypto industry development

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ODAILY
04-25
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Planet Daily News: The right-wing opposition party in South Korea, the People Power Party, is promoting new legislation to promote the development of cryptocurrency and blockchain industries. According to Block, the bill includes relaxing regulatory restrictions on digital assets, encouraging blockchain technology innovation, and bringing crypto assets under the supervision of the financial system. This move marks a shift in South Korea's policy environment towards supporting the crypto industry and may have a profound impact on the local Web3 ecosystem. (Block)

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