DigitalMoneyBox Signal Desk
DigitalMoneyBox Crypto market intelligence
Browse sections
Cryptocurrency Bitcoin Ethereum Briefings Blockchain Security Mining Altcoin Research NFT
Timeline Hourly market signal stream Sources Publisher health and coverage Topics Curated crypto topic hubs Entities Assets, firms, people, regulators Media Kit Audience and placement options Search Advanced archive filters
Cryptocurrency Cryptonews

South Korea to Amend Public Service Ethics Act, Mandating Disclosure of Cryptocurrency Holdings

The South Korean government has drafted an amendment to an existing law, which would require public officials to disclose their cryptocurrency holdings. According to the draft, public officials are abusing their position...

38 /100
Market signal

Archive context

Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

South Korea to Amend Public Service Ethics Act, Mandating Disclosure of Cryptocurrency Holdings
The South Korean government has drafted an amendment to an existing law, which would require public officials to disclose their cryptocurrency holdings. 
According to the draft, public officials are abusing their positions, as well as the fact that the current Public Service Ethics Act does not specifically require them to disclose their digital asset holdings in addition to real estate, cash, or stock holdings worth over $7,500. 
It asked that,...
Read More: South Korea to Amend Public Service Ethics Act, Mandating Disclosure of Cryptocurrency Holdings

Why this matters

This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cryptonews

Related market context