South Korea Moves Toward Clear Digital Asset Definition in Regulatory Framework
At Finternet 2025, industry executives discussed South Korea’s efforts to establish precise legal definitions for digital assets amid evolving market conditions.
Summary
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Terms & Concepts
Digital Asset: A digital representation of value or rights that can be transferred or stored electronically, often using blockchain technology.
Regulatory Framework: A set of laws, rules, and guidelines established by authorities to govern a specific sector or industry.
Finternet 2025: An industry event focused on financial technology and internet-based innovations.