According to Yonhap News Agency, Park Sung-hoon, a lawmaker from the National Power Party of South Korea, will propose a bill to amend the Foreign Exchange Transactions Act to include stablecoins in the scope of payment methods stipulated by law. The bill aims to amend the "Definition" part of Article 3, item 1, to combine stablecoins with government banknotes, bank notes, coins...
According to The Bitcoin Historian, Sweden's ruling party lawmaker Rosengren will co-chair a parliamentary session to discuss the benefits of bitcoin adoption.
According to Cryptonews, the South Korean National Assembly is accelerating the review process of the Security Token Issuance Bill. Two STO-related bills submitted by lawmakers Min Byeong-deok and Kim Jae-seop have entered the discussion stage of the government committee. The newly elected Democratic President Lee Jae-myung clearly supports the legalization of STOs, which may break the legislative deadlock since December last year. The report pointed out that major South Korean securities compan...
South Korea's National Assembly Judiciary Committee passed the second version of the "Civil Unrest Special Inspection Law".
South Korea's National Assembly failed to pass the "Civil Unrest Special Prosecution Law" and the "Kim Jianchi Special Prosecution Law".
On December 25th, according to Yonhap News Agency, according to data submitted by Lim Kwong-hyun, a member of the Democratic Party of Korea and a member of the National Assembly Planning and Finance Committee, as of the end of November, the number of digital asset investors in South Korea was 15.59 million, an increase of 610,000 from the end of October, more than 30% of the Korean population. The total amount of digital assets held is 102.60 trillion won (about 70 billion US dollars), and the d...
South Korea's parliament held a general meeting to pass the "impeachment case of Justice Minister Park Sung-jae" and the "impeachment case of Police Minister Cho Ji-ho".
On the 12th local time, the South Korean National Assembly held a general meeting of lawmakers and passed the "Kim Jianxit Inspection Law".
Due to the political situation in the South Korean National Assembly, the discussion of the financial investment tax repeal and virtual asset tax extension in the Planning and Finance Committee has been postponed, and the processing prospects are uncertain. Although these bills have attracted the attention of investors and have reached consensus among some opposition voices, the current political situation has hindered their progress. The financial regulator said that it will continue to push th...
On December 7th, today (December 7th), the South Korean National Assembly held a plenary session to vote on the impeachment of President Yoon Seok-yuk. Before the impeachment vote, the vast majority of lawmakers from the ruling National Power Party withdrew to boycott the impeachment case. In the end, due to the resistance of the ruling party, the impeachment vote did not meet the approval criteria of at least two-thirds of all members and was not passed. Before the vote on the day, the South Ko...