A South Korean MP has unveiled plans to create a political donations platform for cryptoassets such as bitcoin (BTC) and ethereum (ETH) – with receipts issued in the form of non-fungible tokens (NFTs).
According to the news agency Yonhap, the project is the brainchild of Lee Kwang-jae, an MP representing the ruling Democratic Party. South Korea is due to go to the polls twice next year, and campaigning is already beginning to ramp up.
Lee and his office claimed that his platform would be up and running by mid-January next year, and was quoted as saying:
“We are currently in the process of selecting a domestic wallet company to partner with. We will unveil the wallet address and details on our official blog, Facebook, and YouTube channels in
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