South Korea's Presidential Chief of Staff Kim Yong-hwan, who formerly served as the CEO of the Hashed think tank, is hailed as the man who saved the Korean encryption industry.
Recently, South Korean President Lee Jae-myung appointed Kim Yong-beom as the new Chief Secretary for Presidential Policy. It is worth mentioning that Kim Yong-beom has a background in TradFi and has served as the head of Hashed Open Research, a think tank under the South Korean blockchain venture capital firm Hashed, since 2022. Hashed CEO Simon Kim further pointed out that he was the one who saved the South Korean crypto industry in 2018. At that time, the Minister of Justice planned to close all cryptocurrency exchanges, but then-Secretary Kim Yong-beom proposed a real-name account system as an alternative, allowing the South Korean crypto industry to survive.
Lee Jae-myung's government ministerial appointments, Kim Yong-bae formerly served as the Executive Director of the Hashed think tank.
The chief secretary for presidential policy of the Lee Jae-myung government, Kim Yong-beom, born in 1962, is currently 63 years old. He is from Jeollanam-do.
He served as a senior economist at the World Bank from the year 2000 to 2005, and from 2017 to 2019, he was the Chairman and Vice Chairman of the Securities and Futures Commission under the Moon Jae-in government. From 2019 to 2021, he served as the First Deputy Minister of Strategy and Finance. The Moon Jae-in government and the current Lee Jae-myung government are both from the Democratic Party.
The newly appointed chief secretary for policies of the South Korean president has published a research article on stablecoins.
Starting from 2022, the seasoned veteran Kim Yong-hwan has served as the CEO of Hashed Open Research, a think tank under the South Korean blockchain venture capital firm Hashed. Hashed CEO Simon Kim stated that in 2018, the then Minister of Justice announced the intention to close all cryptocurrency exchanges in South Korea. However, as the Vice Chairman of the Financial Supervisory Service, Kim Yong-hwan countered this announcement and proposed a real-name account system as an alternative. This allowed the South Korean cryptocurrency industry to survive and even led to the subsequent kimchi premium phenomenon.
Jin Yongfan, during his time at Hashed Open Research, also published "The Demand for Korean Won Stablecoins and Legislative Proposals." Recently, South Korean ruling party lawmaker Min Byeong-deok announced a new proposal titled "Digital Asset Basic Act," which mentions that the issuance of stablecoins must be licensed and proposes the establishment of a regulatory committee directly under the president.
(South Korea promotes the "Digital Asset Basic Law": Stablecoin issuance must be licensed, plans to establish a presidentially affiliated regulatory committee)
In this article, South Korean President's Chief Policy Secretary Kim Yong-beom, who previously served as the CEO of Hashed think tank, is hailed as the man who saved Korea's Crypto Assets industry, first appearing in Chain News ABMedia.
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South Korea's Presidential Chief of Staff Kim Yong-hwan, who formerly served as the CEO of the Hashed think tank, is hailed as the man who saved the Korean encryption industry.
Recently, South Korean President Lee Jae-myung appointed Kim Yong-beom as the new Chief Secretary for Presidential Policy. It is worth mentioning that Kim Yong-beom has a background in TradFi and has served as the head of Hashed Open Research, a think tank under the South Korean blockchain venture capital firm Hashed, since 2022. Hashed CEO Simon Kim further pointed out that he was the one who saved the South Korean crypto industry in 2018. At that time, the Minister of Justice planned to close all cryptocurrency exchanges, but then-Secretary Kim Yong-beom proposed a real-name account system as an alternative, allowing the South Korean crypto industry to survive.
Lee Jae-myung's government ministerial appointments, Kim Yong-bae formerly served as the Executive Director of the Hashed think tank.
The chief secretary for presidential policy of the Lee Jae-myung government, Kim Yong-beom, born in 1962, is currently 63 years old. He is from Jeollanam-do.
He served as a senior economist at the World Bank from the year 2000 to 2005, and from 2017 to 2019, he was the Chairman and Vice Chairman of the Securities and Futures Commission under the Moon Jae-in government. From 2019 to 2021, he served as the First Deputy Minister of Strategy and Finance. The Moon Jae-in government and the current Lee Jae-myung government are both from the Democratic Party.
The newly appointed chief secretary for policies of the South Korean president has published a research article on stablecoins.
Starting from 2022, the seasoned veteran Kim Yong-hwan has served as the CEO of Hashed Open Research, a think tank under the South Korean blockchain venture capital firm Hashed. Hashed CEO Simon Kim stated that in 2018, the then Minister of Justice announced the intention to close all cryptocurrency exchanges in South Korea. However, as the Vice Chairman of the Financial Supervisory Service, Kim Yong-hwan countered this announcement and proposed a real-name account system as an alternative. This allowed the South Korean cryptocurrency industry to survive and even led to the subsequent kimchi premium phenomenon.
Jin Yongfan, during his time at Hashed Open Research, also published "The Demand for Korean Won Stablecoins and Legislative Proposals." Recently, South Korean ruling party lawmaker Min Byeong-deok announced a new proposal titled "Digital Asset Basic Act," which mentions that the issuance of stablecoins must be licensed and proposes the establishment of a regulatory committee directly under the president.
(South Korea promotes the "Digital Asset Basic Law": Stablecoin issuance must be licensed, plans to establish a presidentially affiliated regulatory committee)
In this article, South Korean President's Chief Policy Secretary Kim Yong-beom, who previously served as the CEO of Hashed think tank, is hailed as the man who saved Korea's Crypto Assets industry, first appearing in Chain News ABMedia.