Korean Democratic Party lawmaker Park Yong-jin announced final calendar week that he has introduced an amendment for the Electronic Financial Transaction Act. Its master copy operate is to create a regulatory framework for digital currencies inward gild to “maintain well for yous marketplace gild together with protect users,” Inews24 reported. Business Korea calls this amendment the “Bitcoin Regulation Act.”
“As interests inward virtual currencies such every bit bitcoin together with ethereum bring soared,” Park said “there is no clear Definition of virtual currencies or restrictions on those who tin sell virtual currencies.” He first announced that he would innovate this legislation dorsum inward July. Business Korea wrote:
The Bitcoin Regulation Act is scheduled for a regular session of the National Assembly inward September amongst a growing fence foreseen.
Full even at http://bit.ly/2uCe0Dl
Source: Bitcoin News
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