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CoinGape
2024-06-10 09:23:00

South Korea To Unveil Stringent Rules for Digital Assets, Here’s All

The impending enactment of the Korean Virtual Asset User Protection Act heralds a significant shift in regulatory oversight within South Korea’s digital asset landscape. This legislation aims to impose stringent regulations on companies engaged in issuing non-fungible tokens (NFTs) classified as virtual assets. Specifically targeting NFTs with characteristics such as extensive issuance, divisibility, and utility The post South Korea To Unveil Stringent Rules for Digital Assets, Here’s All appeared first on CoinGape .

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