South Korea's ruling party plans to promote the Digital Asset Basic Act legislation in September and restart the Digital Asset Task Force

According to ChainCatcher, South Korea's Democratic Party of Korea has announced that it will relaunch the Special Task Force on Digital Assets after completing adjustments to its party leadership. It also plans to propose the "Basic Law on Digital Assets" bill in September, with the goal of completing the legislation within the year. Democratic Party lawmaker Park Min-kyu stated that the content and submission time of the bill will be coordinated among the National Assembly, Presidential Office, and relevant departments, with discussions expected to begin as early as early September.