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South Korean lawyers press govt for cryptocurrency laws, investor protection


The government of South Korea has been criticised at home for ignoring blockchain technology. — Reuters

The government of South Korea has been criticised at home for ignoring blockchain technology. — Reuters

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.

Blockchain , Cryptocurrency

   

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