BeInCrypto Aids South Korea’s New Landmark Crypto Law

During the recent presidential election in South Korea earlier this month, BeInCrypto’s Korea-Japan Team Lead, Oihyun Kim, had the opportunity to contribute to the country’s digital asset policy discussions as part of the newly elected president’s Web3 advisory team. 

As a member of the campaign’s digital economy task force led by National Assembly member Min Byung-duk, Oihyun participated in consultations regarding South Korea’s Basic Law on Digital Assets. 

South Korea’s Landmark Crypto Regulation

This landmark legislative proposal aims to establish a clearer regulatory framework for crypto assets, blockchain applications, and investor protection. 

The ruling party officially introduced it to the National Assembly on June 10 and expects it to shape the country’s Web3 landscape for years to come.

“Participating in the policy formation process at such a pivotal time was a powerful reminder of the importance of building bridges between the crypto ecosystem and public institutions,” said Oihyun. 

“At BeInCrypto, we believe in responsible journalism and open dialogue, and I’m proud to represent a media organization that contributes to real-world impact.”

The team’s work and the introduction of this groundbreaking legislation received extensive coverage across most major Korean media outlets. 

These include KBS, The Chosun Daily, The Hankyoreh, Maeil Business Newspaper, and many others, highlighting the significance of these policy developments for the digital asset ecosystem of South Korea, a country known for its vibrant and large digital asset market.

This milestone underscores our commitment to reporting on and actively helping shape the future of finance. 

With a presence in more than 50 countries and content in 26 different languages, our team continues to advocate for balanced, transparent, and multilingual crypto education and policy development across borders.Read more about how Lee Jae-myung’s election affects Korea’s cryptocurrency policy her