South Korea is moving faster on its Digital Asset Framework Bill, according to comments cited by Techub News. Financial Services Commission Chairman Kim Byung-hwan said the government will accelerate consultations on the bill in response to lawmakers calling for it to be completed this fall. The measure is intended to create a comprehensive regulatory framework for digital assets. The update points to a tighter legislative timetable as authorities and lawmakers work on rules for the sector. No additional details on the consultation schedule or the bill’s specific provisions were disclosed in the source material.
South Korea is accelerating work on its Digital Asset Framework Bill, according to Techub News.
Kim Byung-hwan, chairman of the Financial Services Commission, said the government will speed up consultations on the bill in response to calls from lawmakers to complete it this fall.
The bill is designed to establish a comprehensive regulatory framework for digital assets.
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