Crypto policy has been placed at the top of the government’s agenda in South Korea – where ministries are eager to pass the buck on crypto-related matters, a “crisis” meeting involving the nation’s most powerful lawmakers has been held and new legislation is set to be put before the country’s parliament, the National Assembly.
Per SBS, a “crisis summit” was held over the weekend at Prime Minister Kim Bu-gyeom’s office on the subject of crypto regulation. In attendance were the Leader of the ruling Democratic Party Song Young-gil, Yoo Young-min, the Secretary of the Office of the Blue House (the Presidential office) and the Prime Minister himself.
However, it appears that the high-ranking politicians have a thorny problem on their hands: The media outlet quoted an unnamed government official as stating:
