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South Korea to regulate cryptocurrency under new asset management law
2 sourcesFirst reported 6 days agoUpdated 6 days ago
Center 100%
2 center
Coverage is primarily from centrist outlets (100%). When a story is mostly covered by the center, it is typically treated as a factual news item rather than an ideologically charged one.
What all sources covered
- South Korea plans to modify a 76-year-old law to classify cryptocurrencies as national assets under a new framework.
- The government's new initiative, titled the 'National Asset Basic Act,' aims to enhance the asset management system for the country.
- The Ministry of Finance and Economy confirmed that the updated law will also support plans to pilot tokenized government bonds next year.
- Additionally, the government is exploring the possibility of tokenizing state-owned real estate as part of the initiative.
2 sources
Who reported first
The BlockFirst
CoinDesk+7h
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