NEWS
2023.02.05
Coins on Exchanges Will Be Delisted if Classified as Securities
Service area
Lawyer
As legal standards for security tokens are underway, some analyze that the market dominance of major cryptocurrency exchanges in Korea, such as Upbit and Bithumb, may significantly decrease. However, partner attorney Ohoon Kwon explained, “Most of the cryptocurrencies according to the fractional investment guidelines are not securities as the investment funds can be recovered from the exchange even if the issuer ceases its operation.”
URL: Coins on Exchanges Will Be Delisted if Classified as Securities
