South Korea’s lead party wants crypto disclosure laws to apply earlier: Report By Cointelegraph

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A new bill mandating South Korean lawmakers and high-ranking government officials to declare their cryptocurrency holdings is expected to take effect within the next two months, said the floor leader of the country’s ruling party.

On May 23, the Korean publication Yonhap News reported that People Power Party’s Representative Yun Jae-ok said the scheduled date for introducing the new crypto declaration rules, currently slated for December, isn’t prompt enough.