Crypto Law Passed In South Korea: Government Officials Have To Declare Their Money!

Following the scandal of South Korean lawmaker Kim Nam-KUK, the proposed Bitcoin (BTC) and cryptocurrency amendment in the Public Service Ethics Act was unanimously approved.

South Korean parliament 25 May At the session held on top bureaucrats your $7,500 on to value owner declare their assets obliging to Cryptocurrencies to the Civil Service Code of Ethics And digital assets also to be added recommender bill unanimously Confirmed.

in the local press “Kim Nam-KUK Prevention Act” described as National Assembly Act And Public Service Code of Ethics respectively 269 ​​out of 269 And 268 out of 268 received a vote of approval. Cryptocurrency of the National Assembly Act registered property of deputies to be included among compulsory while making Public Service Code of Ethics of lawmakers and top bureaucrats crypto assets to declare stated to be mandatory.

Also, under the change 22nd and 21st term of lawmakers end of june crypto assets and record their possible changes. reported to be needed.

Change proposal 4.5 million dollar suspect cryptocurrency transactions because of investigation deputy under Kim Nam KUK out about scandals came upon it.

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