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Korean Government’s Last-Ditch Effort to Save Face as Crypto Apocalypse Looms

A  illustration of an empty chair on top of a mountain made out of money stacks and broken computers, surrounded by worried-looking government officials and financial experts trying to fill it with puzzle pieces labeled 'regulations', while others are shown holding hands around a table with virtual asset screens displaying chaotic market fluctuations in the background.

South Korean Officials Are Finally Getting Real About Crypto Regulation – Too Little, Too Late?.

Source: bitcoin.com

South Korea is forming a 15-member public-private committee to address issues in the virtual asset market and explore cryptocurrency legislation. The committee will include government officials and representatives from the legal profession, academia, and the virtual asset industry. One of its key roles will be to evaluate South Korea’s plans for spot cryptocurrency ETFs and corporate virtual asset accounts. On Oct. 13, South Korean officials reportedly revealed plans to launch […]

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