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S Korea s crypto dispute deepens

S. Korea's crypto dispute deepens Asia News Network (ANN) is the leading regional alliance of news titles striving to bring the region closer, through an active sharing of editorial content on happenings in the region.

[Editorial] Crypto dispute deepens

In mid-May, Rep. Kim Nam-kuk left the main opposition Democratic Party of Korea after revelations that he had been engaged in suspicious cryptocurrency transactions. But the dispute over the crypto investment is still playing out at the National Assembly in an ugly way. There are two interconnected developments that can significantly affect public opinion. First, 11 lawmakers were found to have held virtual assets.

DP suggests bringing unification minister to ethics committee over virtual asset trading

The main opposition Democratic Party urged the ruling People Power Party on Monday to refer Unification Minister Kwon Young-se to the parliamentary ethics committee following revelations that Kwon had engaged in virtual asset trading. The demand came after 11 lawmakers, including Kwon, were found to have held virtual assets, after a cryptocurrency scandal involving Rep. Kim Nam-kuk led to the National Assembly checki.

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