Korea is the highest organizer to scrutinize strategy shares star-news.press/wp
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Tim Alper
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Tim Alper
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Li Owk Won’s lawmakers in South Korea criticized the candidate for the head of the Chairman of the Financial Services Committee, to purchase shares in the Bitcoin (BTC) strategy.
For all South Korean media Jose Elebo and News1Lee Eok-Won claimed that he was only invested in the shares of the US Blue “in order to know what is similar to the morale of the investor.”
Lee Eok-Won was speaking in response to the legislators in the assertion of the National Assembly on September 2.
FSC is the best financial organizer in the country and has the final statement about the country’s encryption regulations. However, President Lee Jay Meonging had previously called for the abolition of FSC.
Recent developments appear to indicate that the president may have reflected or delayed his plans to cancel the FSC.
Many legislators and media have criticized the choice of Lee Eok-Won as the Chairman of the Board of Directors of FSC after discovering that he has a large group of external stocks, including NVIDIA and Tesla shares.
Critics say this contradicts the President’s policies. Lee Jae-Myung wants to breathe a new life in the local stock market, which has been knocked for several years.
“Not a good look at the government”
Kim Sang Hoon, the main legislator of the Power Party, targeted the government, saying:
((Lee Eok-Won) is not a good look at this administration, which is supposed to try to enter into the “KOSPI 5000” era.
The government launched a special KOSPI 5,000 committee in late June, as part of an attempt to enhance the value of the local market with more than 50 %.
Lee Eok-Won lawmakers described as “inappropriate” because of his holdings of companies such as Strategy, the largest company of the Bitcoin Ministry of Bitcoin. The candidate answered:
“I was not good in dealing with the shares (during my presence in the ministry) (after I left the post,) I went out and got some experience in the market. I wanted to see how the stock market was working and knowing what the investor feeling was.”
Kim, a member of the Political Committee of the National Assembly, said:
“Who will choose to invest in KOSPI when (FSC candidate) focuses on American stocks instead of the local market?”
“No fundamental value in encryption”
Lee Eok-Won was appointed as the first Deputy Minister of Economy and Finance in March 2021.
The recent data shows that the total stock and boxes investments in the filter are of 71.26 million yuns (more than $ 51,000). Nearly $ 8,000 of this amount has invested in the purchases of direct American stocks, including strategy shares.
Lee Eok-Won also criticized this week from Crypto Advocates after his comments on the value of Cryptoassets.
The candidate said that BTC and other coins have “no fundamental value” and cannot be classified as currencies or financial products.
Cold water has also been poured into talking that the government and pension boxes can be allowed to launch the strategic bitcoin reserves.
Local encryption defenders claim that data like this appears to belong to a past era. They say that the heads of the South Korean organization made similar comments during the Bitcoin 2017-2018 boom.
News1 wrote that many of those familiar with the encryption industry believe that the Lee Eok-Lon position is behind “global trends”.
One of the coding staff whose name has not been revealed said that the Lee Eok-Won comments reflect, “Incorrent and inappropriate opinion. The same person said:
“The argument that Crypto does not have an inappropriate value at a time when the large United States and other global companies use encryption as strategic reserves. Crafts like Bitcoin have digital benefit, including safety and transfer.”
Lee Eok-Won was not binding when asked about the chances of FSC approval on ETF Bitcoin. He said:
“I understand that there are different expectations and concerns about the effect of ETF input Bitcoin. We will assess global organizational trends to create a possible way of the introduction (…) and discuss the matter with the National Assembly.”
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2025-09-02 23:30:00
