South Korea’s People Power Party Pushes New Bill to Boost Crypto Sector

The bill seeks to establish South Korea as a global blockchain leader and remove lingering regulatory uncertainty in its cryptocurrency sector. The announcement follows recent statements from financial authorities indicating a loosening of previous restrictions. These moves reflect a broader strategy shift from caution to competitiveness in digital finance. Kim Sang-hoon Calls for an End to Regulatory Paralysis During a policy meeting, PPP policy chief Kim Sang-hoon argued that the country’s past regulatory-heavy approach repelled foreign investment and pushed domestic capital abroad source: https://coindoo.com/south-koreas-people-power-party-pushes-new-bill-to-boost-crypto-sector/