Friday, 26 April 2024
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South Korea passes bill to make officials disclose Bitcoin holdings By Cointelegraph

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© Reuters.

The South Korean government is moving forward with new laws to require officials to report on their holdings of cryptocurrencies like (BTC).

South Korea’s National Assembly has unanimously passed a bill that obligates lawmakers and high-ranking public officials to report on their crypto assets. The lawmakers approved the new bill during a plenary session on May 25, the local news agency News1 reported.