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South Korea’s Ruling Party PPP Calls to Expedite Bill on Lawmakers’ Crypto Disclosures: Report

"Given the current high level of public interest, especially regarding lawmakers, it's not appropriate to enforce the law six months later after the promulgation," Yun said, according to the report. Yun reportedly said he had asked the leader of the Public Administration Committee to propose a modified version of the

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Korean lawmakers rally towards crypto rules in May after grisly murder case: Report

Lawmakers from South Korea are pushing to enshrine stricter regulation of digital assets in the wake of a gruesome murder case involving digital assets. According to a May 18 Bloomberg report, a Korean woman was abducted on March 29 and later murdered in a dispute believed to have stemmed from a

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Korean Crypto Exchanges Upbit, Bithumb Raided Over Lawmaker’s Crypto Dealings – Exchanges Bitcoin News

South Korean prosecutors have raided two of the country’s largest coin trading platforms within an investigation into the crypto investments of a politician. They seized materials from Upbit and Bithumb amid suspicions of wrongdoing related to the lawmaker’s cryptocurrency holdings. South Korean Law Enforcement Authorities Check Records From 3 Crypto

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US lawmakers target perceived risks of crypto adoption in El Salvador with reintroduced bill

Two United States Senators from opposite sides of the political aisle have reintroduced legislation from 2022 aimed at mitigating perceived risks posed by El Salvador’s adoption of Bitcoin as a legal currency.Congressional records showed Idaho Senator James Risch and New Jersey Senator Bob Menendez introduced “a bill to require reports

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Coinbase establishes advisory council with former US lawmakers

Following some of its leadership team visiting the United Arab Emirates, crypto exchange Coinbase has announced the formation of an advisory council staffed with many former United States lawmakers and industry leadersIn a May 12 blog post, Coinbase said its Global Advisory Council would aim to navigate the “increasingly complex

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US lawmakers hold EU and UK as examples of crypto regulation in joint hearing

Some members of the United States House of Representatives’ Financial Services and Agriculture Committees pointed to crypto asset frameworks being employed outside the country when discussing regulatory gaps at home.In a May 10 joint hearing on the future of digital asset regulation, some lawmakers pointed to the European Union’s Markets

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