The opposition party in South Korea is pushing for legislation to support the development of the cryptocurrency industry

Odaily Planet Daily News: South Korea's right-wing opposition party, the National Power Party, is pushing for new legislation to promote the development of the cryptocurrency and blockchain industries. According to The Block, the bill includes relaxing regulatory restrictions on digital assets, encouraging innovation in blockchain technology, and bringing encrypted assets under the supervision of the financial system. This move marks a positive shift in South Korea's policy environment towards supporting the cryptocurrency industry, which may have a profound impact on the local Web3 ecosystem. （The Block）