Kang Junhyun, a member of the National Assembly and secretary of the National Policy Committee, announced that a public briefing session on the "Digital Asset Innovation Bill" will be held on June 17 in Meeting Room 2 of the National Assembly Members' Office Building.
The briefing session is jointly hosted by members of the National Policy Committee from the Democratic Party of Korea and organized by the Korea Fintech Industry Association. It was arranged after four rounds of discussions at the National Assembly Forum for the enactment of the Digital Asset Basic Act.
This initiative is being pursued as part of a balanced legislative effort to foster digital assets as a future growth industry, in line with the Lee Jaemyung administration's national policy philosophy of securing technological sovereignty and nurturing future industries, while also protecting consumers through strict regulation against unfair trading practices.
The Digital Asset Innovation Bill is a follow-up to the Virtual Asset User Protection Act and includes the clear classification of digital asset service providers, the establishment of a function-based regulatory framework, investor protection, and anti-money laundering standards. The upcoming briefing session will reveal the main provisions of the bill, its legislative intent, the process of its enactment, and future plans.
Kang stated, "The briefing session will share the key elements of the Digital Asset Innovation Bill with the industry, including the categorization of digital asset service providers and the regulatory framework for the issuance and distribution of stablecoins. It is part of a preliminary review process aimed at reducing market confusion." He added, "This will serve as a starting point for the government, the National Assembly, and the industry to build consensus on the legislative intent and to continue discussions on institutional improvements."
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