- Cryptoquant CEO Ki Younger Ju will host a seminar for FSS (Korean SEC).
- Blockchainist Assistant Professor Jaewoo Cho suggests an on-chain database for evaluation, in response to Younger’s tweet.
- South Korea’s Nationwide Meeting is anticipated to move a digital asset regulation invoice.
Cryptoquant co-founder and CEO Ki Younger Ju tweeted “What’s the most important subject on this business?”, asking his followers what subjects he ought to cowl on the FSS seminar.
FSS (금융감독원, Korean SEC) requested me to do a seminar this month. What’s the most important drawback on this business? Please let me know. I’ll speak about it within the seminar.
— Ki Younger Ju (@ki_young_ju) April 1, 2023
Younger was approached by the FSS (Korean SEC) to conduct a seminar, he talked about in his tweet. In response, Blockchainist Assistant Professor at Hansung College Jaewoo Cho stated that constructing an on-chain database and coaching analytics personnel can be subject.
younger replied
I agree. If the FSS would not see the string, I believe it is the identical as not monitoring financial institution transactions 🙂
South Korea is making nice strides in crypto regulation. A Korean media report reveals that the nation’s Nationwide Meeting is anticipated to move the Digital Belongings Market Regulation Invoice. The report means that the approval of the invoice by the Political Affairs Committee has raised optimism that South Korean lawmakers will achieve passing the laws, after failed makes an attempt prior to now.
Rep. Kim Hee-gon, a member of the primary subcommittee of South Korea’s Political Affairs Committee, lately revealed that the variations between opposition and ruling occasion members have narrowed, growing the possibilities of the nation passing a digital asset governance legislation. This optimistic improvement opened the prospect of a profitable adoption of the laws.
In line with experiences, Hee-gon stated that on March 28, the primary subcommittee efficiently addressed considerations in regards to the payments and narrowed variations amongst its members. Due to this fact, it’s anticipated that the laws shall be authorized in April.
The consultant warned that even after the invoice is handed, some elements could should be revised. Moreover, analysts quoted within the Korean media report identified that the latest failure of Terraform Labs illustrated to lawmakers the significance of getting correct legal guidelines regulating the digital asset business. Along with the present invoice, South Korean lawmakers are stated to have deliberated on the earlier 18 digital asset payments.
Cryptoquant’s Ki Younger Ju submit approached by Korean SEC for FSS seminar appeared first on Coin Version.
See the unique on CoinEdition
