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Blockchain guide to the Korean financial organization a new job

2019-06-13 01:06 pm | Resource: News Section | No Views : 120

Blockchain guide to the Korean financial organization a new job South Korea enjoys great support for emerging blockchain technology, through various research, to make rapid use of it in various practical fields.
In that context, the former deputy governor of South Korea's Financial Supervision Service, FSS, was nominated to lead Korea's block chain.
The report, unveiled by the association, was published Thursday (June 13th) in the English-language Korean Times.
Korean blockchain is seeking to develop regulations for block chain technology and the digital currency sector. Digital currency exchanges and related institutions and public institutions are counted as members. Oh Gab Sue, 70, will be appointed to the post at a forthcoming public meeting on June 24.
It is said that Oh is currently President of the World Finance Association and previously served as Vice President of Standard Chartered Korea and an external manager at KB Kookmin, one of Korea's largest financial institutions.
According to the Korea Times, Oh also established financial policies for President John Jay's election campaign.
The former President of the Assembly, Chen Daeji, reportedly expressed his wish to step down from his role during a public meeting held in March.
Oh - scheduled to become the second president of the association since its launch in March 2018 - will apparently serve a three-year term in this role.
As the Korea Times wrote, the association has previously been criticized for its alleged failure to defend the interests of local exchanges specializing in digital currency trading following a real trade policy for the name of the digital currency sector. It is reported that this policy set by the Korean government in late 2017, reduced investors' interest in the market.
As reported, it was reported that a recent Korean government meeting to establish a closer monitoring of the blockchain market in the country, amid the recent sharp rise in the valuation of digital currencies. Local officials have apparently interpreted the recent bitcoin (BTC) penetration of more than 10 million won (about $ 8,400) as a sign of a very possible malfunction, so it had to be resolved to solve these problems, so that the market would return to the country in its known state.

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