
PANews|May 06, 2026 07:43
[South Korea's Bill on Foreign Exchange Rules for Crypto Exchanges Passes Key Committee]
According to Digital Asset, the amendment to South Korea's Foreign Exchange Transactions Act has passed the plenary session of the National Assembly's Judiciary Committee. The amendment expands the scope of foreign exchange transaction regulations to include virtual asset service providers, such as cryptocurrency exchanges. The committee approved the bill during today's plenary session and adopted the revisions proposed by professional committee members. The bill has now been submitted to the National Assembly's plenary session for a final vote, which could take place as early as May 7.
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