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According to a report from CoinWorld, on August 5 (UTC+8), South Korean Deputy Prime Minister and Minister of Strategy and Finance Koo Yun-cheol delivered a speech at the "Web3 Ecosystem Innovation and the Future of Digital Assets" forum hosted by the National Assembly, stating that the government is fully committed to advancing the improvement and regulatory reform of the "Digital Asset Basic Law" in order to make South Korea a leader in the digital economy. He emphasized that Web3 is the core technology that changes social and economic paradigms, and that blockchain-driven decentralized systems are profoundly impacting economic structures, financial systems, and people's lives. (Source: Digital Asset)