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Writing Sole Distributor Contract for Virtual Asset (Cryptocurrency)

Selected Matters

Practice areaCrypto & Virtual Assets

Cha&Kwon Law Offices wrote and examined commission agent/ resale contracts between a virtual asset provider and sole distributor. 

The government is implementing strict regulations against indiscrete token sales.  

When selling virtual assets, contracts and relevant legal relationships must be set clearly in order to prevent violating Act on Door-to-Door Sales and Act on the Regulations of Conducting Fund-Raising Business Without Permission.  

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