Ruling and Opposition Parties Include Only 'Lawmakers Themselves' in Cryptocurrency Full Investigation... Spouses and Children Excluded

The ruling and opposition parties have agreed to conduct a full investigation into the virtual asset (coin) holdings and transactions of members of the National Assembly, limited to the members themselves, and have begun preliminary preparations.

Photos related to the National Assembly plenary session Photo by Yonhap News

According to political circles on the 4th, the People Power Party and the Democratic Party recently agreed to conduct a full investigation into the coin holdings and transaction status only for the members themselves, excluding spouses and direct ascendants and descendants. The Anti-Corruption and Civil Rights Commission (ACRC) had sent a consent form to the National Assembly to investigate the coin holdings and transactions of members themselves, their spouses, parents, and children, but both parties agreed that including spouses and direct ascendants and descendants in the investigation was excessive.

The People Power Party received signatures on the personal information consent forms for the ACRC's full investigation from all its members the day before. The Democratic Party plans to start collecting signatures from today and complete the process by the 8th. Additionally, both parties are also obtaining consent for information provision regarding transaction details of other accounts that have conducted deposits and withdrawals with coin exchange accounts (one month before and after the transactions).

Once the consent for personal information provision is completed, both parties plan to submit the consent forms together to the ACRC.

Yoon Jae-ok, floor leader of the People Power Party, said, "If the scope is agreed upon through discussions between the ruling and opposition parties, including spouses and direct ascendants and descendants, we will additionally include them," but added, "For now, I understand that both parties have somewhat agreed to limit it to the members themselves."

This content was produced with the assistance of AI translation services.