The Korean Government plans to complete the basic law on digital assets within the year

according to edaily, the korean ministry of enterprise finance and the institute of industry held the first government-sponsored forum on stabilization currency legislation on 21 july, with the participation of the deputy prime minister and minister of business finance, yun chul, the finance committee and others. the government and the ruling party plan to complete legislation on the basic law on digital assets in the course of the year, focusing on the establishment of a stable currency issuance and circulation system, a classification of the digital asset industry and a regulatory framework for business conduct, as well as strengthening the regulation of the use of virtual assets such as stable currency for money-laundering. the udp is to present in september discussions on the party's political reunification programme, which will also cover the korea won stabilization currency, cross-border payments and artificial smart agent payment infrastructure。