South Korea sets up Digital Asset Committee, fast tracks crypto regulation efforts

South Korea sets up Digital Asset Committee, fast tracks crypto regulation efforts

According to NewsPim, the Digital Assets Committee, which will serve as the supervisory and controlling authority for virtual assets, and cryptocurrencies in particular, will be launched as early as June.

The Digital Asset Committee plans to prepare market guidelines, such as listing review criteria, designation of significant items, unfair trade monitoring, disclosure system and investor protection measures.

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