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Proposal to institutionalise cryptocurrency in South Korea

09 janv. 2023 Hi-network.com

With an aim to institutionalise cryptocurrency, the South Korean Presidential Committee on the Fourth Industrial Revolution (PCFIR), a committee focused on co-ordinating regulatory policy around technology in South Korea, suggested that the government  allow financial institutions to launch cryptocurrency-related products, such as Bitcoins. The committee also recommended developing and implementing a Korean custody solution for handling crypto-assets.

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