Korea plans unified law to manage all asset classes

Push to enact the National Assets Framework Act

- The national asset management system will undergo a complete overhaul for the first time in about 70 years. The government plans to enact the National Assets Framework Act to establish an integrated management system covering real estate, stocks, and even virtual assets.

- Among the public, there is controversy framed as private asset control — the idea that the state will look into and control everyone’s assets, including mine.

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