People Power Party "Promoting Legislation for Digital Asset Development Act... Virtual Asset Election Pledge to be Announced on the 28th"

The People Power Party is pushing for the enactment of the 'Digital Asset Development Basic Act' to formalize and systematically manage the digital asset market.

According to the industry on the 25th, Kim Sang-hoon, the policy committee chairman of the People Power Party, stated at the in-house countermeasures meeting held at the National Assembly today, "We must end the era of ambiguity and regulation and open the era of digital asset development," and "The People Power Party will promote the enactment of the Digital Asset Development Basic Act to formalize and systematically manage the digital asset market."

Chairman Kim pointed out, "Due to the government's excessive regulation policies for reasons such as money laundering prevention, foreign capital cannot enter the domestic virtual asset market, and domestic capital is also leaving the 'Korean market' and moving to overseas virtual asset markets such as the 'American market'."

He emphasized, "Digital assets have the potential to be a new value storage means that can be called the gold of the 21st century, beyond a simple investment tool," and "Now is the time to put aside hesitation and transition to an era of challenge for the full-scale development and institutionalization of digital assets."

Chairman Kim said, "The virtual asset policy as a presidential election pledge will be announced by Representative Park Soo-min, who is organizing the coin policy, on Monday (28th) next week."