South Korea's ruling party to discuss digital asset bill after elections

South Korea's ruling Democratic Party will begin full-scale discussions on legislating a basic act on digital assets after the June 3 local elections, ZDNet Korea reported. The party's task force discussed the legislative direction for the bill during a meeting of the National Policy Committee's first subcommittee on bill review on March 27. The plan is to continue these discussions in a new standing committee that will be formed following the elections. The party is also in talks with Democratic Party lawmaker Kang Jun-hyeon and People Power Party lawmaker Kang Min-guk, both secretaries of the National Policy Committee, to place the bill on the agenda.