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South Korea's Political Affairs Committee passed a resolution on

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The Political Affairs Committee of the National Assembly of South Korea passed two resolutions today, that is, members of Congress must voluntarily declare the details of encrypted asset holdings, and members of Congress must accept the illegality of encrypted transactions. The move aims to dispel public distrust by disclosing details of virtual assets held by all lawmakers amid controversy surrounding the virtual assets held by lawmaker Kim Nam-gook, who recently quit the party, the report said.
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