The Audit and Inspection Service of South Korea is calling for the inclusion of cryptocurrencies in the scope of pension fund reviews.

PANews reported on April 13th that, according to DigitalAsset, the Audit and Inspection Service of South Korea released its "Report on the Actual Operation and Management of the Elderly Welfare System," requesting the Minister of Health and Welfare to amend relevant laws to include digital assets in the asset calculation scope for basic pension audits. The Audit and Inspection Service pointed out that digital assets have clear economic value, but the current Basic Pension Act does not include digital assets in its asset scope, meaning that those holding large amounts of digital assets may still be included in basic pension recipients. The Audit and Inspection Service believes that digital assets should be considered assets with clear economic value, even if their form differs from traditional financial assets; the asset value itself is no different. The Ministry of Health and Welfare agrees, believing it is necessary to prevent the relatively high-income 70% from receiving basic pensions and agreeing that digital assets should be included in the asset calculation scope.

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Author: PA一线

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