Lawmakers Will Have To Declare Bitcoin And Cryptocurrencies!

According to the news of South Korea’s local news agency News1, South Korean lawmakers, lawmakers and senior officials today. cryptocurrency passed a law requiring them to report their investments.

According to the news, the National Assembly of South Korea, deputies and senior public officials Bitcoin (BTC) and compelled to report on cryptocurrencies “Kim Nam-guk Prevention Act” passed the bill unanimously.

The approved bill is also “In the National Assembly Act and the Civil Service Ethics Act” included changes.

The bill was accepted with the ‘yes’ vote of all 269 deputies present.

As it is known, South Korea has recently come to the fore with the transfer of large amounts of crypto money by some members of the National Assembly.

Taking a step against this, the government approved a bill that forces lawmakers and senior public officials to report on crypto assets to avoid this situation.

The requirement to report crypto assets under this bill came into question after rumors surfaced that former Democratic Party lawmaker Kim Nam-kuk has 6 billion won ($4.5 million) worth of cryptocurrencies.

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