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South Korean Government Accelerates Cryptocurrency Reform, Stablecoin Regulation a Key Focus

Summary: According to reports from Cryptonews, the South Korean government is accelerating friendly reforms towards cryptocurrencies. The government led by President Lee Jae-myung has identified 'building a digital asset ecosystem' and 'developing the domestic cryptocurrency market' as key national tasks. This plan was announced by the President's office in a briefing on August 13, aiming to ...

According to reports from Cryptonews, the South Korean government is accelerating friendly reforms towards cryptocurrencies. The government led by President Lee Jae-myung has identified 'building a digital asset ecosystem' and 'developing the domestic cryptocurrency market' as key national tasks. This plan was announced by the President's office in a briefing on August 13, aiming to promote the development of the domestic cryptocurrency industry through regulatory reforms.

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