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Delisted or Not — The Fate of Wemix Will Be Decided Within Two Weeks

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Practice areaCrypto & Virtual Assets

As Korea’s representative P2E cryptocurrency, Wemix, was designated as an item “cautious to invest” by four major exchanges, the industry started to discuss a proper cryptocurrency disclosure system. The four major virtual asset exchanges are reviewing whether to delist based on Wemix’s explanatory materials. Partner attorney Ohoon Kwon pointed out the lack of relevant laws and problems that could arise from the excessive discretionary granted to the exchanges on how to manage after the ICO. [Decenter 10.31.22]

URL: Delisted or Not — The Fate of Wemix Will Be Decided Within Two Weeks

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