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South Korea Urgently Needs Crypto Legislation, Lawyer Association Says

Published 11/08/2018, 06:46 AM
Updated 11/08/2018, 08:00 AM
© Reuters.   South Korea Urgently Needs Crypto Legislation, Lawyer Association Says

The Korean Bar Association (KBA) has called on the central government to introduce cryptocurrency legislation without delay to facilitate market development and protect investors, Reuters reported on Thursday.

At a special news conference held in the parliament building, the professional organization of South Korean lawyers said such legislation would help the high-tech nation make the most of opportunities presented by virtual assets.

This was a rare move for the trade body as it typically refrains from lobbying for a particular industry or economic group. The KBA held the crypto briefing in an attempt to put pressure on lawmakers....


This article appeared first on Cryptovest

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