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Conducting legal advice on operating M2E apps

Selected Matters

Practice areaCrypto & Virtual Assets
Lawyer
Ohoon KwonManaging AttorneySeoyeon ByunPartner

Client A consulted on various legal issues related when operating an M2E app that pays virtual assets as compensation for the user’s movements.

The M2E app has various legal issues, such as whether the virtual asset payment model is subject to gambling, and whether the wallet-linked model reports virtual asset business operators. Therefore, it is important to overhaul the business model with professional lawyers from the beginning of the business plan.

Cha&Kwon Law Offices provide appropriate advice and legal review, paying attention to the specificity/distinctiveness of the type of business the client intends to operate.

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