Korea’s new President, Lee Jae-myung, has appointed the CEO of Hashed Analysis, Kim Yong-beom, to be the Chief Coverage Officer of Korea’s Presidential Workplace.

Earlier than main Hashed Analysis, crypto fund Hashed’s assume tank, Kim was the Vice Minister of Financial system and Finance throughout the Moon Jae-in administration.

In a earlier interview with CoinDesk, Simon Kim, the CEO of Hashed, said that the Lee administration will likely be crypto-friendly and that native regulators are carefully monitoring crypto coverage developments within the U.S with an goal to emulate them.

One of many first coverage initiatives Kim Yong-beom could be engaged on is a Received-based stablecoin, which was recognized by newly elected President Lee as a precedence to “prevent national wealth from leaking overseas.”


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