On November 10, Democratic Party lawmaker Lee Kang-il announced that the South Korean government has pledged to submit the virtual asset (digital asset) framework bill this month, with legislation to be completed by year-end. Speaking at a forum on the Digital Asset Framework Law hosted by the Financial Investment Association, Lee emphasized that the foundational law is essential before subsequent regulatory measures can be implemented. He noted that one year has passed since the bill was first proposed, yet the government has not yet submitted its version.
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