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South Korea pauses crypto regulations amid political turmoil and market speculation

South Korea's National Assembly has suspended all discussions on crypto regulations due to the ongoing martial law and impeachment proceedings against the president, leading to an indefinite delay in virtual asset bills. The crypto industry, which has long sought clearer regulations, faces the risk of falling behind other nations as local firms and investors may consider relocating abroad. Meanwhile, the proposal to delay the crypto tax law to 2027 narrowly passed before the Assembly's focus shifted entirely to impeachment.
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Kraken Energy Corp. KOR Steven Steele Donald Trump
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11:22 11.12.2024
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