South Korean Lawmakers Seek Lessons From U.S. GENIUS Act, Former White House Advisor Says

Jennifer Sanasie and Eleanor Terrett sit down with Harry Jung, former deputy director of the White House's President's Council of Advisors for Digital Assets, at Korea Blockchain Week. Jung describes advising Korean lawmakers working on the country's Digital Asset Basic Act, drawing on lessons from getting the GENIUS Act to the president's desk and the value of real public-private engagement. Plus: his read on the CLARITY Act's Senate failure, and why it's "go time" for entrenched adoption. - Chapters/Timecodes: 00:00 Harry Jung on the State of Crypto in Korea 01:43 Why the U.S. Is Still the Envy of the World 02:09 Advising Korea on Its Digital Asset Basic Act 03:04 Inside Nexum Group 03:29 Korea's Fast-Adoption Culture 05:14 What to Expect From the CFTC 06:08 The White House Crypto Report as 'The Map' 06:45 Where Korea's Rules Stand vs. the U.S. 08:48 The CLARITY Act Failed — Now It's 'Go Time' - #digitalfinance #finance #bitcoin Subscribe to CoinDesk on YouTube: https://www.youtube.com/user/CoinDesk?sub_confirmation=1 CoinDesk is the leading digital media, events and information services company for the crypto asset and blockchain technology community. Twitter: https://www.twitter.com/coindesk LinkedIn: https://www.linkedin.com/company/coindesk Instagram: https://www.instagram.com/coindesk Facebook: https://www.facebook.com/CoinDesk Newsletters: https://www.coindesk.com/newsletters CoinDesk Podcast Network: https://open.spotify.com/show/2jyIhkvAQhed8AWDZiPpSP Public Keys: https://open.spotify.com/show/1rqYzRV10nfKfoTpFXZhTE Markets Daily Crypto Roundup: https://open.spotify.com/show/7sDXM8BlxsUqzL2IqmLqwE The Policy Protocol: https://open.spotify.com/show/3Fh8ffulAWcCqMu0uVuwoj