Bitcoin News and Finance
Dvision Network to Host “Live Debate” on Cryptocurrency Legislation Organized by Korean National Assembly Skip to main content

Dvision Network to Host “Live Debate” on Cryptocurrency Legislation Organized by Korean National Assembly

PRESS RELEASE. The blockchain-based metaverse Dvision Network is set to become part of history in what promises to be an action-packed event. The NFT metaverse will be hosting the ‘’Live debate’’ on the Cryptocurrency Legislation and Improvement Measures organized by the National Assembly of the Republic of Korea.

Live Debate to be broadcasted within Dvision Metaverse

The live debate will be conducted within the Dvision Metaverse on August 12, 2021, from 14:00 KST to 17:00 KST. The event is a landmark event initiated by the Korean Parliament in collaboration with the legislators from leading political parties such as the Democratic and People’s Power parties.

The issue of legislation of cryptocurrencies has emerged as a hot topic globally. Many in the financial sphere see improving existing KYC and AML compliance practices and tax filings as the way forward towards ensuring proper crypto regulations.

South Korea is regarded as an industry frontrunner in this aspect, and the debate will be addressing these core issues within the cryptocurrency industry. In addition, the debate is expected to attract experts, including the Korean National Assembly government officials, who will express their opinions on controversial issues within the cryptocurrency sphere.

The first speaker, Jeong Sangho, the CEO of Delio, a leading crypto finance company will be addressing the adoption of the custody and wallet business services from the legal perspective. The second speaker is a well-known lawyer Jo Wonhee (Chief Attorney at D’Light Law Firm), who will be discussing existing deficiencies in the Special Financial Information Law, that has been passed by the South Korean government in early March 2021 in order to initiate an early crypto regulation. The speaker is expected to emphasize the weak points in that key legislation and will address the improvements required to be made in the Special Financial Information Law.

Jeong Jiyeol, the Chairman of the Korean Certified Anti-Money Laundering Specialists Association, will be the last presenter, that will be providing insights to a methodology for the compliance with the “Travel Rule”, mandated by the FATF, that requires cryptocurrency operators, including exchanges and companies, to register the customer data and report it to the governmental bodies. This is expected to be one of the key presentations in the surge of the ongoing violations of AML and KYC practices, that disrupt the further improvement of the regulatory and legislative aspect of the emerging technology.

The “Live Debate” will be attended by several other high profile personalities, including Lee Jeongyeop, who is a Chief Judge at the Seoul Bankruptcy Court; Park Joo Young, a director of the Financial Innovation Division at the FSS; Lee Sangmu, a Security Authentication Team Leader at KISA, and lastly Jeong Jiyeol, who is a deputy professor at Law Department of Dankook University. The experts are going to engage in a lively debate in order to share their insights regarding several crucial topics in the cryptocurrency area, including but not limited to the taxation, legislation and regulatory efforts undertaken by the South Korean government.

Overall, the event is expected to be a major contribution to the advancement of legislative and regulatory efforts from the South Korean government towards the fast-growing crypto industry, whereas Dvision is making its contribution in this process, by conducting this event in its unique metaverse.

Dvision Network at the forefront of crypto adoption

The Debate is a major event for Dvision and shows the commitment of the blockchain metaverse towards crypto adoption in South Korea. Dvision has already created a 3D rendition of the event hall, and users will be able to connect live to the event from the Dvision Website and also Youtube.

Dvision Network is regarded as one of the top NFT metaverse platforms in the blockchain industry. The blockchain metaverse establishes a cutting-edge metaverse ecosystem by utilizing its own VR technology that helps to lower the entry barriers for all types of users across the globe.

 

Media Contact –

Name: Boburjon Muydinov

Email: Official@dvision.network

Company: Dvision Network

 

This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

Labels:

Comments

Post a Comment

Popular posts from this blog

Custodial Lightning Network Service Attack Discovered by LN ‘Newbie’ — Hacker Strikes 6 LN Custodians

On September 18, a Redditor posted to the r/bitcoin forum and explained how he discovered a way to “attack [the] lightning Network’s custodial services.” The Reddit account dubbed “Reckless Satoshi” wanted to figure out if a “discrepancy between real routing fees and service’s transaction fee can be exploited for a profit.” The researcher disclosed that he wanted to see how large the damage could be and said “it is bad.” 6 Lightning Network Custodial Services Attacked, Researcher Discloses Findings to Offenders Prior to Public Disclosure A Redditor called Reckless Satoshi published a disclosure post on r/bitcoin this past Saturday and disclosed how he had found a vulnerability with routing fees and some of the Lightning Network’s custodial services. The research attack was done in good faith and after it was complete he disclosed the bugs to the offending services before publishing his findings. Reckless Satoshi used the Lightning Network (LN) attack on six different services incl
Post a Comment
Read more

Axie Infinity Down 40% Since Last Week’s Price High, Protocol Revenue Outshines Competitors

Last week, the game token leveraged within the Axie Infinity gaming universe skyrocketed to all-time highs, while other crypto markets remained extremely lackluster. During the last seven days, Axie Infinity’s platform token has dropped significantly in value shedding more than 12%. Meanwhile, the game platform’s smooth love potion token has slid over 8% over the last 24 hours. Axie Infinity Down More Than 40% Since All-Time High Not too long ago, the axie infinity (AXS) token was a topical conversation because it reached an all-time high on July 15. At the time, AXS managed to capture $28.93 per unit and since then it has shed 12.8% during the last seven days. The axie infinity (AXS) token is used within the blockchain-based game that involves battles between token-based creatures called “Axies.” AXS is used for the game’s governance system as well as other actions within the game. At the time of writing axie infinity (AXS) is exchanging hands for $16.70 per coin. AXS/USD on Ju
Post a Comment
Read more

Play-to-Earn Game From Polker (PKR) Exchange Listing – Endorsed by Akon

The Play-to-Earn NFT based Polker.Game ‘s native token $PKR has been officially listed on the popular centralized exchange BitMart. Polker.game has been in the spotlight recently as Akon, the American R&B superstar and record producer gave his official endorsement of polker stating that the “game is revolutionary” and that Polker is “hands down.. the best play to earn, NFT game in the space.”. With the BitMart listing and celebrity endorsement from Akon, Polker is perfectly positioned to become a major player in the Play-to-Earn league. Watch Akon’s Video Here What is Play-to-Earn? Although not a new concept, play-to-earn has become a trending term due to the popularity of the NFT game AXIE infinity. In the past, previous play-to-earn games have also achieved success – however, thanks to the huge amount of development in the blockchain space in recent years the gaming experience is now massively improved. Play-to-Earn games are essentially free to play and open to anyone and
Post a Comment
Read more

China to Crack Down on Copyright Infringement Through NFTs

Authorities in China are going after creators of digital collectibles based on other people’s works of art, the use of which was not authorized. The government offensive is part of a campaign to combat online copyright infringement and piracy with the participation of several departments. Regulators in China Move to Strengthen Copyright Supervision of Online Platforms The National Copyright Administration of China (NCAC) has recently launched a campaign against copyright infringement and piracy on the internet, together with the Ministry of Industry and Information Technology, the Ministry of Public Security, and the State Internet Information Office of the People’s Republic. A major objective of the initiative is to improve copyright supervision of online businesses by investigating cases involving the sale and distribution of infringing products on short video, live broadcast and e-commerce platforms, and promptly dealing with infringing content, the agency announced in a press r
Post a Comment
Read more
Blogarama - Blog Directory