Bill to mandate public officials declare crypto assets on verge of passing
Social affairsMay 24, 2023
South Korea's parliament is on the verge of passing a revision bill to make it mandatory for high-ranking public officials to declare any cryptocurrency asset holdings, just a few weeks after a loophole in the law aimed at preventing corruption of public officials was exposed. Lawmakers are looking to float the revision of the Public Service Ethics Act at the plenary session of the National Assembly by as early as on Thursday, following an approval at a standing committee Wednesday afternoo