Following Rep. Park Yong-jin’s announcement of a proposed bill to provide a legal framework for digital currencies like bitcoin, South Korea has now set up a task force to determine if bitcoin should be regulated.Task Force Set Up
Bitcoin.com recently reported on Rep. Park Yong-jin of the ruling Democratic Party of South Korea preparing a bill that will provide bitcoin, ethereum, and other digital currencies with a legal framework.
Following lawmaker Park’s efforts towards digital currency legislation, Business Korea reported that the South Korean Financial Supervisory Commission is taking a prudent approach. According to an official of the Commission:
"Currently, a relevant task force team is studying overseas cases to determine whether or not regulations are needed. Nothing has been decided about the legislation of a bill about virtual currency."
https://news.bitcoin.com/south-korea-task-force-bitcoin-regulations/
