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HomeBitcoin NewsSouth Korean MP Calls on Seoul to ‘Urgently’ Boost Crypto Innovation

South Korean MP Calls on Seoul to ‘Urgently’ Boost Crypto Innovation

A politician has called on South Korea to “urgently” prioritize the development of crypto security technology – stating that blockchain-powered finance is now an inevitable reality for the country, and the rest of the world.

Lee Yong-bin, a ruling Democratic Party MP and a member of the National Assembly’s Science, Technology, Information, Broadcasting and Communication Committee, was speaking at a Blockchain National Government Project event, which was sponsored by the parliament’s Legislative Policy Research Group, and jointly hosted by Lee himself.

He opined that a lack of unique security-related crypto technology could threaten to hold South Korean firms back in their quest to make a name for themselves on the domestic and global stage.

Per Break News, Lee stated,


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