South Korea virtual assets legislation congress seminar is held

Image for post
Image for post

The parties in financial circles and entrepreneurs of cryptocurrencies will hold a seminar on virtual asset legislation in the national assembly to discuss the right to operate virtual asset businesses on September 22, 2020.

This seminar is jointly hosted by Rep. Kim Byung-wook of the ruling Democratic Party and Delio, sponsored by Korea Cryptocurrency Financial Association(KCFA) and DUCATO. And the Financial Supervisory Service(FSS), Shinhan Bank, KB Kookmin Bank, Bithumb Korea Inc., the law firm BKL, Korea University, the university of Suwon, and Hashed will participate in it.

In this seminar Rep. Kim Byung-wook, who passed the revised bill of the Act on Report and Use of Specific Financial Transaction Information on virtual assets, takes the lead. The parties in financial circles and entrepreneurs of virtual assets are going to diagnose the current status of the cryptocurrency market both at home and abroad, carry out an overall analysis of the Act, and discuss newely applied virtual asset tax law.

Professional advice about the necessity of the legislation on virtual assets for the development of the blockchain industry is expected to be given.

The theme of this semiar is ‘the legislation on digital assets’, and it starts with an opening speech by Rep. Kim Byung-wook, followed by two sessions: the current status of the financial market of blockchain cryptocurrecy, the necessity of the virtual asset legislation and its prerequisite tasks.

Image for post
Image for post

The first session deals with the current status of the financial market of virtual asseets and blockchain. Presentations will be made by In-ho, a professor at Korea University, Lee Hae-Bung, Vice Commissioner of the Financial Supervisory Service(FSS), Chang Hyun-ki, Director of Shinhan Bank’s digital business division, Kim Seo-joon, CEO of Hashed, and Jung Sang-ho, CEO of Delio.

Next, in the second session the main topic is the necessity of the digital asset legislation and its prerequisite tasks. Presentations will also be made by Cho Jin-seock, Chief of KB Kookmin Bank’s IT Innovation Center, Han Sung-hee, Executive Director of Bithumb Korea, a lawyer Koo Tae-unn, Park Jong-baek, a lawyer for the law firm BKL, Ha Tae-hyung, a professor at Suwon University.

The lawmaker Kim Byung-wook said, “Without an appropriate legal framwork, bad money tends to drive out good. I consider that developing a virtual asset market based on blockchain technology will form a virtuous cycle between the blockchain technology and financing. In this regard, I’d like to see social agreements in establishing legal basis for recognizing the market and protecting investors. “

Although the seminar restricts the number of participants to only the persons and media concerned in order to prevent COVID-19 from spreading, it is expected to be recorded and broadcast online for anyone interested in. Related contents will be also available on the website and

Jung Sang-ho, CEO of Delio, said, “I hope this meeting could be an opportunity to produce an effective outcome since both conventional financial firms and cryptocurrency entrepreneurs put as much efforts into enacting a law, after passing the revised bill of the Act on Report and Use of Specific Financial Transaction Information on virtual assets. I also hope that there will be more opportunities to discuss major issues on a blockchain and virtual assets established as the core industry in the post-corona era.”



本次研讨会由韩国共同民主党金柄旭议员和Delio共同主办,由韩国虚拟资产金融协会(KCFA)和 DUCATO协办,韩国金融监督院、新韩银行、KB国民银行、Bithumb韩国、太平洋律所、高丽大学、水原大学、Hashed应邀参加。




议题1主要讨论区块链虚拟资产金融市场的现状,由高丽大学印浩教授、金融监督院李海凤副局长、新韩银行张玄基数字战略本部长、Hashed的代表理事Simon Kim以及Delio的代表理事郑相昊发言。






金融圏の関係者と暗号資産事業者が一堂に会し、暗号資産業権法などの法律制定を議論する 「暗号資産専門法律制定」国会セミナーが9月 22日に開催される。


セミナーは 特定金融取引情報の報告および利用などに関する法律(以下「特金法」と呼ぶ。)の改正案を通過させたキム・ビョンウク議員を筆頭に伝統金融圏の関係者と暗号資産事業者が暗号資産の国内外市場の現状について診断し、特金法に対する全体的な分析と、新たに適用される暗号資産税法の内容などを議論する予定である。




セッション2では、暗号資産専門法制定の必要性と先決課題としてKB国民銀行のチョ・ジンソクITイノベーションセンター長、ビッソムコリアのハン・ソンヒ常務、 グ・テオン弁護士、法務法人太平洋のバク・ジョンベク弁護士、水原大学のハ・テヒョン教授が発表する。


このセミナーは、新型コロナウイルス拡散防止のために関係者やメディアなどが小規模で参加人数を制限し、関心のある方であれば誰でも視聴が可能なオンライン録画中継が並行して行われる予定である。関連の内容は、集まり文化のプラットフォームオンオフミックス(とデリオのホームページ( などを通じて確認することができる。


[View article]

Delio is the Leading Global Enterprise Blockchain of Digital Innovation

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store