
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
More on this
Regulation · 21:53SEC and CFTC draw the DeFi line: control, not branding, decides regulation
Regulation · 21:51CLARITY Act failure hits Coinbase, Circle and Strategy as shares fall 5–10%
Regulation · 19:00South Korea approves blockchain payment pilot for government spending with six banks