BeInCrypto Aids South Korea’s New Landmark Crypto Law

During the recent presidential election in South Korea earlier this month, the head of the Korean-Japan team of Beincrypto, Oihyun Kim, had the opportunity to contribute to discussions on the policies of the country’s digital assets within the framework of the advisory team of the newly elected web3 president.
As a member of the working group on the digital economy of the campaign led by the member of the National Assembly Min Byung-Duk, Oihyun participated in consultations concerning the fundamental law of South Korea on digital assets.

South Korea crypto regulation
This historic legislative proposal aims to establish a clearer regulatory framework for cryptographic assets, blockchain requests and investor protection.
The ruling party officially presented it to the National Assembly on June 10 and expects it to shape the country’s web3 landscape for the coming years.
“Participation in the process of training policies at such a pivotal time has been a powerful reminder of the importance of building bridges between the cryptographic ecosystem and public institutions”, “ said Oihyun.
“At Beincrypto, we believe in responsible journalism and an open dialogue, and I am proud to represent a media organization which contributes to a real impact.”

The work of the team and the introduction of this revolutionary legislation received in -depth coverage in most of the main Korean media.
These include KBS, Chosun Daily, Hankyoreh, the Maeil Affairs Journal and many others, stressing the importance of these political developments for the South Korea digital asset ecosystem, a country known for its dynamic and important digital asset market.
This step underlines our commitment to account and actively help to shape the future of finance.
With a presence in more than 50 countries and content in 26 different languages, our team continues to plead for the education and development of balanced, transparent and multilingual policies through borders.
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