South Korea: ICOs and Blockchain Top Priority for Ongoing ‘Extraordinary’ Meeting12.69

The South Korean National Assembly has kickstarted an “extraordinary” meeting for discussing ICO regulation, cryptocurrency and blockchain frameworks, as well as other steps to support optimal growth of the digital assets sector, Business Korea reported.

The Korean government is swiftly taking steps in the cryptocurrency sector as it looks to bolster its economy and lead blockchain innovation. The so-called “extraordinary” assembly came into order after Jeju Island Governor Won Hee-ryong pushed for an expedited meeting to discuss the immediate regulatory set up of the cryptocurrency sector.

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