Kim Min-seok wants a digital-asset framework enacted before taxation. A two-year postponement is under discussion, but the legal start date remains Jan. 1, 2027.
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The bank was among 20 participants signed up at launch. The service permits 24/7 token transfers only between registered wallets on the same blockchain.
World Liberty’s token remained 5.1% below its early-evening level by 5 a.m. ET, while bitcoin had recovered its losses.
Annual reports will link customer identities to fiat trades, token swaps and transfers, including withdrawals to external wallets.
Objections now cover 53 of the venue’s original 63 proposed stock symbols, leaving ten without a disclosed opt-out.
The incoming majority will control key House committees and oversight, while the CLARITY Act remains stalled at the Senate floor.
Credits for prior regulatory resolutions would reduce the payment to about $764 million. Separately, bitcoin ecosystem gross profit fell 50%, primarily because of Cash App fee cuts.
