Comment on South Korea’s martial law declaration hits crypto reforms

South Korea’s martial law declaration hits crypto reforms

Earlier this month, South Korea’s declaration of martial law affected critical reforms in its burgeoning crypto sector according to a report by decrypt. The unprecedented move has delayed key initiatives like legalizing securities token offerings (STOs) and introducing real-name corporate crypto accounts, both seen as essential to modernizing the country’s digital asset ecosystem. The sidelining of crypto reform initiatives is a significant setback for an industry that has long sought regulatory clarity.

 

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