US and South Korean officials will meet to cooperate and coordinate on cryptocurrency legislation.
South Korea’s financial regulator next month, South Korea-based news agency ChosunBiz reported. U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler He will meet with. Details regarding the regulation of cryptocurrencies will be at the center of the discussions.
Interview Head of the Financial Supervisory Service (FSS) Lee Bok-hyeon and will take place between the Gentes. South Korea’s law on cryptocurrencies come into force next year While waiting, Gensler and Korean officials discussed how this law should be. partnership will provide.
FSS on cryptocurrency regulations of two institutions to strengthen common ground While emphasizing that they will come together, the cryptocurrency market stability and security Steps to be taken to ensure this will be discussed.
According to the news reported by ChosunBiz, FSS officials made the following statements about this meeting:
We coordinate specific programs and agendas to strengthen cooperation between the two institutions.
Although Gary Gensler is secretive and abstaining about cryptocurrency laws, South Korea has a cleaner history in this sector.
asian country 2023 In 2018, it introduced a series of regulations to protect cryptocurrency investors. The meeting, the cryptocurrency market important for regulating on a global scale It is predicted that this will be a step.