NEWS
2022.08.26
The Financial Authorities Review WEMIX of Its Securities-like Nature
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Lawyer
The financial authorities are reviewing whether the virtual asset WEMIX issued by WeMade is securities by its nature, and the result seems to be uncertain. Partner attorney Ohoon Kwon commented that the difference between the American and Korean legal systems would pose a challenge for the Korean government in making a decision. He also pointed out that the criteria for virtual assets to judge whether the payment is paid based on the property held are ambiguous. [DigitalToday 08.26.22]
URL: The Financial Authorities Review WEMIX of Its Securities-like Nature
