The Democratic Party of South Korea, holding a significant portion of the National Assembly seats, has mandated its parliamentary candidates to disclose their cryptocurrency holdings ahead of the 2024 general elections. This initiative aims to showcase the candidates’ high moral standards and avoid conflicts of interest related to digital assets. This decision follows an incident involving a party member who faced criticism for holding a substantial amount in Wemix tokens, raising concerns about potential conflicts of interest and insider information. The party has set up an online platform to publicly share details of candidates’ careers, educational backgrounds, and legislative plans.

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