While major developed countries are actively nurturing blockchain as a future technology, relevant discussions are still seldom held in Korea. As the market has focused on the blockchain more as a means of investment than as a future technology, some voiced that the industry’s potential has been hampered. Accordingly, demands for prompt legislation, such as launching a public-private joint task force to enact the Framework Act on Digital Assets, are increasing. Partner attorney Ohoon Kwon emphasized, “In order for blockchain companies in the Web 3.0 era to grow on their own, we need to break away from anachronistic ideas and allow other companies to attract investment through cryptocurrency.” [Decenter 10.24.22]

URL: Reverse Discrimination on Blockchain Shall Be Prevented in Line With Global Standards