Korea Financial Services Commission Actively Supports Acceleration of Virtual Asset Stage Two Legislation
According to Golden Finance, on September 20th, at the “US Future Government Digital Asset Policy Outlook Forum” held at the National Assembly Library, the Korean Financial Services Commission (FSC) stated that it will actively promote the second phase of legislation on virtual assets. Kim Sung-jin, head of the FSC's Virtual Asset Division, emphasized that the US policy direction is an important reference for Korea's relevant legislation, especially in the areas of security tokens and central bank digital currencies (CBDCs). He also pointed out the increasing importance of global trends and regulatory cooperation. The Korean National Assembly also stated that it will fully cooperate with the digital asset legislation process, hoping to promote the development of the domestic virtual asset industry.