The Bill mandates lawmakers and officials to disclose personal crypto holdings
In a statement by South Korea’s ruling People Power Party’s (PPP) parliamentary floor leader Yun Jae-ok, South Korea wants a new bill that requires lawmakers and high-ranking government officials to disclose their cryptocurrency-related assets within two months.
The original bill, which is currently being finalised, had originally been scheduled for implementation in December 2023. Yun has now said it is being amended so as to bring the date of enforcement to within one or two months from now.