On March 17, South Korean digital asset experts discussed the crypto election promise of President-elect Yoon Seok-hye in the National Assembly. Lee Hae-boong, head of the Investor Protection Center at crypto exchange Upbit, suggested that the government provide a white paper template for ICOs to protect investors from scam tokens.
Kim Kab-lae, a researcher at the Korea Capital Market Research Institute, insisted that the white paper should be written in Korean and contain enough information for investors to make an informed decision. Meanwhile, Lee Su-hwan, a researcher at the National Assembly Research Service (NARS), pointed out that new policies for digital assets will need to embody environmental, social and governance (ESG) elements, especially in the face of growing environmental concerns surrounding cryptocurrency mining. case.
It is reported that Yin Xiyue promised in the election campaign to lift the long-standing ban on ICOs in 2017 and allow them to be supervised by licensed cryptocurrency exchanges in the form of initial exchange offerings (IEOs).
