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Crypto
To expand digital-asset financial products, trading standards and investor protection must come first
A proposal has called for establishing trading standards and investor protection systems to expand financial products and services using digital assets. Speakers at a forum in Seoul discussed development directions and domestic tasks for digital-asset ETFs and on-chain asset management. They said clearer licensing rules, reliable price calculation, custody arrangements and mechanisms for creation and redemption are needed. Participants also raised the kimchi premium and risks in smart-contract vaults.
Crypto
Democratic Party says it will prepare digital asset framework act within year, hold hearing soon
South Korea\'s Democratic Party reiterated its intent to enact a digital asset framework act within the year, saying a legal basis should come first and be supplemented later. Lawmaker Min Byung-deok said delays are leaving the country without adequate rules as global markets move quickly. Another lawmaker, Ahn Do-geol, called for formalising digital asset-linked products with investor protections and cited issues such as volatility, trading-hour gaps and on-chain risks. He also highlighted stablecoin legislation and plans for hearings.
Telecommunications & Media
Korea Media Communications Committee holds public meeting on universal viewing rights for North America World Cup broadcasts
The Korea Media Communications Committee said on Tuesday it will hold a public meeting on March 20 in Seoul to discuss North America World Cup broadcasts and improvements to the universal viewing rights system. The meeting follows growing debate after the Milan Cortina d\'Ampezzo Winter Olympics was aired exclusively on a pay-TV channel. It comes as negotiations among broadcasters over World Cup rights face difficulties.