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According to PANews news on June 29, according to News1, the plenary meeting of the Legislative and Judicial Committee of the Korean National Assembly passed the "Virtual Asset User Protection Act" to protect virtual asset investors. After approval by the Judiciary Committee, it will be voted on in the plenary session of Congress on June 30. With no opposition from the ruling and opposition parties, the bill will be South Korea’s first cryptocurrency-related legislation since the Specified Financial Transaction Information Act (Special Act).

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