Prime Minister Chung Sye-kyung said the vaccine passport is built on blockchain technology to ensure security from possible identity theft.
The European Securities and Markets Authority report said digital currencies enjoyed a surge in volumes and value over the second half of 2020, pushing some digital currencies up to all-time highs.
In a formal opinion submitted to the European Commission on digital currency regulation, the ECB said lawmakers should delegate powers over regulating private stablecoins like Diem within the trading zone.
Autorité des Marchés Financiers Chairman Robert Ophèle has proposed that the European Securities and Markets Authority should be in charge of the digital currency industry.
A London-based lawyer petitioned for a fund that would compensate victims of digital currency fraud, theft and extortion in Europe.
Huobi users in Australia, EU and UK will be allowed to purchase up to $20,000 worth of digital currencies in AUD, EUR or GBP.
The new rules will aim to make it both quicker and cheaper to facilitate cross-border payments, with the help of blockchain and digital assets.
The draft Markets in Crypto-Assets legislation will operate in a similar way to the Markets in Financial Instruments Directive for securities.
Lawmakers in Spain are currently drafting new rules that would implement the Fifth Anti Money Laundering Directive into national law.
This latest package comes roughly two months after the EU approved a €540 billion ($600.84 billion) stimulus package.
AIB said its concerns stem from a delay in importing the Fifth Anti-Money Laundering Directive (5AMLD) into domestic law.