The South Korean legislator says he will accept crypto donations in the new year-crowdfunding
The South Korean legislator says he will accept crypto donations in the new year-crowdfunding
Lee Kwang-Jae, a South Korean legislator, recently explained that he will accept cryptocurrency donations from mid-January 2022. According to the politician, this plan shows his attempt to sharpen the awareness of the South Koreans for cryptocurrencies and non -funni token.
donations are converted into Korean We
A Korean legislator, Lee Kwang-Jae, announced that he will accept donations in cryptocurrency someday in mid-January 2022. According to the legislator, anyone who wants to support their campaign can do so by transferring money directly to their office.
As in the Korean Times explains test report , the donated crypto in Korean What converted and then paid into his sponsorship account. The report now shows that receipts are issued for such donations in the form of non-fungable tokens (NFTS) and sent to the email address of the respective donor.
kwang-Jae-a member of the ruling Democratic Party of Koreas-explained his reasons for the assumption of donations in digital currency and claimed that this decision would help to raise awareness of crypto-assets and NFTs. He explained:
I deeply regret that the politicians here in a crucial time in which the blockchain technologies used for cryptocurrencies, NFTS and the meta-versed blockchain technologies have progressed rapidly every day.
The legislature also suggested that the right time for innovative experiments is now to improve the understanding of the Korean politicians for future technologies. According to the report, the legislator hopes that such experiments could ultimately help to change the perception of digital currencies and NFTs.
Since the acceptance of crypto donations is not yet institutionalized, Kwang-Jae can only receive a maximum of $ 8,420 or $ 10 million Korean. On the other hand, sponsors can only donate digital assets that are not worth more than $ 842.
increasing criticism of Korea's crypto regulations
The plan of Kwang-Jae, which is one of the first legislators in South Korea, is to take crypto donations, since the South Korean government exerts more regulatory pressure on the cryptocurrency industry.
In the meantime, the legislator's decision to assume crypto -pens reports that interest representatives of the local cryptocurrency industry have strengthened their criticism of financial guards.In their criticism of Korea's strict regulations, the stakeholders claim that such a regulatory regime will continue to prevent the country from becoming one of the leading nations in this emerging financial area.
What do you think of the legislator's plan to accept crypto pens? Tell us your opinion in the comments below.
Bedy verification : Shutterstock, Pixabay, Wiki Commons