Lawmakers pushed to pass South Korea’s first Cryptocurrency Bill

Lawmakers pushed to pass South Korea’s first Cryptocurrency Bill
ôîòî ïîêàçàíî ñ : bitcoints.com

2018-7-28 23:10

Following a billions-worth heist of cryptocurrency exchanges, South Korea’s financial regulator urged lawmakers to pass the bill bringring exchanges under the FSC’s direct supervision.
Over a month ago, two largest cryptocurrency exchanges, operating in South Korea became victims of infamous hackers’ attacks.
Notably that previously South Korea’s regulatory agency relaxed its guidelines for the cryptocurrency exchange operators in response to the G20 directives.
Today South Korea’s watchdog once again has turned to digital assets urging the approval of country’s first cryptocurrency bill.
However, in the wake of the security and money laundering risks courted by the world’s biggest turnover domestic cryptocurrency exchanges, the bill is likely to pass.

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