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Lee Eok-won "Will Guide the Sound Growth of the Digital Asset Industry"

Uk Jin

Summary

  • Lee Eok-won emphasized establishing second-phase legislation for digital assets and a regulatory framework for stablecoins.
  • He said that through this he would guide the sound growth of the digital asset industry.
  • He said he would push to improve systems, regulations, and supervision across the financial industry and promote the complex development of digital finance.

Lee Eok-won, a candidate for chair of the Financial Services Commission, said, "We will prepare second-phase legislation for digital assets and a regulatory framework for stablecoins," and added, "Through this, we will guide the sound growth of the digital asset industry."

Lee appeared at the confirmation hearing for Financial Services Commission chair candidates held at the National Assembly on the 2nd and said, "We will proceed with a focus on five directions so that finance can perform its proper role."

He added, "We will improve systems, regulations, and supervision across the board so that the financial industry can strengthen its productive financial functions, and will also promote the complex development of digital finance on its own."

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Uk Jin

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