South Korean Lawmaker Proposes Disclosure Rules for Crypto Influencers

Multiple highly relevant and authoritative news articles consistently report that a South Korean lawmaker, specifically Kim Seung-won, has proposed legislative amendments to require cryptocurrency influencers providing investment advice to disclose their asset holdings. These proposals are detailed in the context of the Capital Markets Act and the Virtual Asset User Protection Act, and include specifics on penalties for non-compliance. The evidence is well-aligned across independent sources, indicating the proposal is indeed part of a broader regulatory push in South Korea towards transparency in financial and crypto influencer activities. No credible contradictory evidence has been found in the reviewed sources, and the topic is well covered by primary reports. Given the consistency, authority, and relevance of the sources, the likelihood of the statement being true is very high.