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Korea Blockchain Association Urges Deregulation Measures
7.0
At a Korea Blockchain Association forum in Seoul on Dec. 3, Vice Chairman Moon Young-bae urged the government to shift from a positive to a negative regulation framework and take proactive steps to boost blockchain technologies, including promoting a domestic main network. He said blockchain can secure AI data and strengthen trust; Bloom Technology CEO Lee Sang-yoon cited deregulation examples in the UAE and Switzerland.
Key Points
- 1Call for regulatory change from positive to negative framework at Seoul forum on Dec. 3
- 2Argues blockchain's trustworthiness can secure AI data and enable safer real-world adoption
- 3Suggests building a domestic mainnet and easing rules to accelerate enterprise blockchain deployments
Scoring Rationale
Clear industry push with concrete deployment suggestions and credible sources, limited novelty and mainly Korea-focused in scope.
Sources
Public references used for this report.
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