Financial authorities to report to National Assembly today... Questions expected on virtual assets

Uk Jin

Summary

  • It was reported that questions will be raised about the financial authorities' decision to allow corporations to hold and trade virtual assets.
  • The responsibility for the cryptocurrency exchange system failures that occurred during the impeachment crisis will also be discussed.
  • The issue of improper loans in the banking sector was also included, with cases detected amounting to 233.4 billion won.
Photo=Reporter Choi Hyuk
Photo=Reporter Choi Hyuk

The National Assembly's Political Affairs Committee will hold a general meeting from 10 AM today to receive operational status reports from financial sector institutions under supervision, including the Financial Services Commission and Financial Supervisory Service.

During the current affairs Q&A session, recent controversies such as the system failure at cryptocurrency exchanges are expected to be discussed.

The Political Affairs Committee is expected to question the responsibility for the cryptocurrency exchange system failures that occurred during the impeachment crisis. There are also expected to be various questions about the financial authorities' decision to allow corporations to hold and trade virtual assets.

Financial incidents such as improper bank loans are also expected to be discussed. The Financial Supervisory Service recently detected 233.4 billion won in improper loans at Woori Bank. KB Bank and NH Bank were also found to have improper loans of 89.2 billion won and 64.9 billion won respectively.

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Uk Jin

wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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