The law on crypto-currencies in South Korea, will present at the end of July

South Korea - the major Asian markets of cryptocurrencies, where there are several large exchanges and startups. Hence, the strategy adjustment in this state is of interest for the whole industry.
As reported by the local newspaper, at the end of July the draft law on the amendment of Rule e-economic action is sufficient is shown by the management member in the state Democratic party, Park young-Jin (Park Yong-jin).
Today the Deputy held a hearing to discuss the prospect of a numerical monetary unit, in particular the formation of a bar Foundation for its adjustment.

On the eve of the hearings, former Deputy Minister of Finance of South Korea and the candidate in the position of the primary economic regulator of the state, Choi Chon-GU (Choi Jong-gu), presented to Parliament a report on numerical currencies.
Responding to the challenges of the members of Parliament, Choi explained that the guide does not formed any stabilizing organization in a numerical monetary unit, therefore comes the consideration of other appropriate ministries, such as working group according to economic supervision.
According to him, economic devices are required to receive intensive assistance in the adjustment, because the episodes of the fraudulent use of cryptocurrency increased.