South Korea’s Digital Asset Basic Act may be put on hold for the year after a task force consolidated eight related bills into a single effort. According to NS3.AI, progress has slowed because the National Policy Committee has not yet been formed and the government has not submitted its own version of the legislation.
The report said the lack of an established committee and the absence of a government-backed draft have left the bill without a clear path forward.
Some market observers cited in the report linked the delay to the KOSPI surpassing the 9,000-point mark, suggesting the market backdrop may be influencing the pace of legislative action.
South Korea’s Digital Asset Basic Act May Be Shelved for the Year After Bills Are Consolidated
2026-06-24 03:58:50
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