In a recently published article, Korean news outlet The Korea Times said that South Korean lawmakers were getting ready to submit new bills on cryptocurrency, ICO, and blockchain regulations during an extraordinary session of the National Assembly from July 13 to 26.
“It is unclear if any of the bills will become law during the session because opinions remain widely divided and more urgent political and economic issues are on the table. But at least their submissions will play a “catalyst” role in triggering,related debate within the Assembly,” the article’s author Park Si-soo wrote and elaborated further:
“Rep. Song Hee-kyung of the LPK will host a policy debate on the security of domestic crypto exchanges on July 19. The Korea Internet and Security Agency (KISA), which has been conducting a security inspection of crypto exchanges here since July 2, will co-host the debate.”