South Korea’s PPP Seeks to Speed Up Bill Requiring Lawmakers’ Crypto Holdings Disclosure

The politician had recently quit the party over the crypto scandal.

South Korea’s ruling party has called for early enforcement of the law that seeks the country’s lawmakers and high-level government officials to declare their cryptocurrency-related assets.

The proposed bill would require local officials and lawmakers to declare all personal crypto holdings over 1 million Korean won (worth around $760). The move was prompted by a major crypto scandal involving a former lawmaker of the opposing party.

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