South Korean lawmakers plan to introduce the "Public Officials Virtual Asset Concealment Prevention Act."

According to ChainCatcher news, the East Asia Daily reported that a South Korean lawmaker is preparing to draft the "Public Officials Virtual Asset Concealment Prevention Act," which amends parts of the "Public Service Ethics Act" and the "Public Officials Election Act," aiming to require public officials to disclose detailed information about virtual assets valued at 5 million won (approximately 3,772 USD) or more. (Source link)