South Korean lawyers press govt for cryptocurrency laws, investor protection


  • TECH
  • Thursday, 08 Nov 2018

Representations of the Ripple, Bitcoin, Etherum and Litecoin virtual currencies are seen on a PC motherboard in this illustration picture, February 13, 2018. REUTERS/Dado Ruvic/Illustration/File Photo

South Korea's lawyers lobbied the government on Thursday to quickly establish a legal framework to help develop the blockchain-based virtual currency industry and protect investors.

It is rare for the Korean Bar Association, membership of which is mandatory for all local lawyers, to campaign publicly for specific technological or business interest groups.

The Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Tech News

Two US cyber experts plead guilty to cooperating with notorious ransomware gang
Warner Bros expected to reject Paramount's latest hostile bid, CNBC reports
SoftBank has completed its $40 billion investment in OpenAI, source says
The new billionaires of the AI boom
Nvidia, Lenovo and Samsung to test consumer�appetite for AI at CES
Meta to acquire startup Manus, adding agents to bolster AI bet
Cyberattacks: 2025 the 'tipping point' as incidents highlight risks
LG debuts Samsung-inspired artwork TV, joining a popular category
Can Apple’s AirPod translation get you through Tokyo? We tested it
Worn down by worry, parents look longingly at Australia’s social media ban

Others Also Read