South Korea will draw up new regulations on Cryptocurrencies!

According to sources on the South Korean government website, the country will draw up a new regulatory framework that will require companies that own or issue cryptocurrencies to disclose their holdings in financial statements starting in 2024.

Companies will be required to provide information on the quantity, characteristics, business model and policy.

Accounting related to cryptocurrencies, as well as their corresponding profits, volumes and market values. #regulations #korean #cryptocurrency