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The South Korean government has drafted an amendment to an existing law, which would require public officials to disclose their cryptocurrency holdings.
According to the draft, public officials are abusing their positions, as well as the fact that the current Public Service Ethics Act does not specifically require them to disclose their digital asset holdings in addition to real estate, cash, or stock holdings worth over $7,500.
It asked that,…
Read More: South Korea to Amend Public Service Ethics Act, Mandating Disclosure of Cryptocurrency Holdings
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