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Democratic Party of Korea to Pursue Special Committee on Virtual Assets... Min Byeong-deok Designated as Chairman

Uk Jin

Summary

  • The Democratic Party of Korea announced that it is pursuing a Digital Asset Special Committee to strengthen virtual asset related policies.
  • They reported that they are reviewing the issuance and trading of spot exchange-traded funds (ETFs) for virtual assets and the legislation of security tokens.
  • Representative Min Byeong-deok of the National Assembly's Political Affairs Committee has been designated as the chairman.
Democratic Party of Korea members of the Political Affairs Committee and virtual asset industry representatives attended the 'National Assembly Forum for the Enactment of the Digital Asset Basic Law' held at the National Assembly Members' Office Building in Yeouido, Seoul on the 5th. / Photo=Lee Soo-hyun, BloomingBit reporter
Democratic Party of Korea members of the Political Affairs Committee and virtual asset industry representatives attended the 'National Assembly Forum for the Enactment of the Digital Asset Basic Law' held at the National Assembly Members' Office Building in Yeouido, Seoul on the 5th. / Photo=Lee Soo-hyun, BloomingBit reporter

The Democratic Party of Korea is focusing its efforts on virtual asset (cryptocurrency) policies to win over young voters.

According to industry sources on the 11th, the Democratic Party's Policy Committee reported on virtual asset-related issues and institutionalization policies at a closed supreme council meeting the previous morning.

Specifically, it was reported that they are reviewing matters such as allowing the issuance, listing, and trading of virtual asset spot exchange-traded funds (ETFs), and legislating security tokens.

In addition, the Democratic Party plans to form a 'Digital Asset Special Committee' as early as this week. Representative Min Byeong-deok of the National Assembly's Political Affairs Committee has been designated as the chairman.

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Uk Jin

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