The administration of the newly-elected President of South Korea, Yoon Suk-yeol, wastes no time in his drive to maintain the country’s stature as a center for innovation, as South Korea hopes to roll out comprehensive crypto legislation in 2023 and institutionalize the sector by 2024.

Kukmin South Korean Newspaper reported Wednesday that a leaked document from the government was leaked. reportedThe administration plans to bring the Digital Asset Basic Act to the United States in the coming year, and then to add more legislation before 2024. This bill forms part of 110 policy goals that the president had earlier in the year.