Regulation· ★★· neutral·

DAXA denies creating task force for Korea's digital asset law

  • DAXA denied Maeil Business's report about creating a TF for the digital asset law
  • The association confirmed it is considering measures to support the bill
  • No decision has been made on creating a new structure or its name
  • It was previously reported that regular meetings would be cut from monthly to quarterly
Why it matters: The basic digital asset law will determine crypto market regulation in Korea, one of the largest trading jurisdictions.
Source: Bloomingbit