South Korea has passed new crypto licensing rules that expand background checks to major shareholders and give regulators wider powers over market entry.

The National Assembly on Thursday passed a special bill aimed at expanding support for the semiconductor industry as South Korea seeks to bolster the global competitiveness of one of its key export sectors.

U.S. President Donald Trump warned of restoring tariffs, stating, “The South Korean legislature has not approved the trade agreement,” prompting criticism that the ruling and opposition parties’ “delayed legislation” provided an excuse.

Sales company Asian Shadows has acquired international rights to South Korean documentary “The Seoul Guardians,” directed by MBC journalists Jong Woo Kim, Shin Wan Kim and Chul Young Cho. The feature-length documentary will have its world premiere at the 55th International Film Festival Rotterdam.