News list for " national assembly"

The South Korean parliament has proposed a bill to bring stablecoins under the supervision of the foreign exchange trading law for the first time

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...

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2025-10-28 02:07:58
The South Korean National Assembly is expediting the review process of the Security Token Issuance Bill

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...

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2025-06-06 10:35:49
Korean digital asset investors about 15.59 million, holding total assets of about $70 billion

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...

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2024-12-25 02:49:27
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".

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".

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2024-12-12 06:12:49
On the 12th local time, the South Korean National Assembly held a general meeting of lawmakers and passed the "Kim Jianxit Inspection Law".

On the 12th local time, the South Korean National Assembly held a general meeting of lawmakers and passed the "Kim Jianxit Inspection Law".

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2024-12-12 06:18:48
The virtual asset tax extension bill in South Korea has been blocked, and it may be implemented as scheduled next year

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...

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2024-12-09 08:39:42
The South Korean parliament has not passed the impeachment case against Yoon Seok-yeok

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...

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2024-12-07 12:27:28
South Korea's National Assembly has rejected the "Kim Kin-hee Special Prosecution" against the president's wife, Kim Geun-hee

Market news: South Korea's parliament did not have enough votes to pass the "Kim Kin-sik special inspection law" involving the wife of the South Korean president.

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2024-12-07 08:44:53
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