South Korea's Ministry of Economy and Finance is drafting legislation to manage state-owned assets, with a focus on new asset classes such as cryptocurrencies. This initiative aims to establish a comprehensive framework for the effective management of these assets, reflecting the growing importance of digital currencies in the national economy. The proposed law will address the integration of cryptocurrencies into the state's asset management strategies, ensuring regulatory clarity and oversight.
South Korea to Legislate State-Owned Asset Management Including Cryptocurrencies
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