Korean blockchain leaders ask government for supportive regulation

upi.com

Korean blockchain industry leaders urged the government to adopt a more supportive regulatory approach to foster technological advancement. They criticized the current positive regulation system, advocating for a negative framework similar to the US, which allows business activities unless explicitly prohibited, to encourage innovation. The forum highlighted blockchain's potential to secure AI and called for developing domestic main networks, citing examples of deregulation in the UAE and Switzerland.


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Korean blockchain leaders ask government for supportive regulation | News Minimalist