Cha & Kwon Law Offices conducted a legal assessment for our client, a blockchain company, in relation to their service offerings, specifically Play-to-Earn (P2E) games associated with cryptocurrencies, targeting 16 foreign countries. The primary focus was on comprehending the regulatory environment in these 16 nations, delineating the permissible scope of services, and identifying the regulations to be mindful of in each jurisdiction. Furthermore, the legal analysis provided insights into the optimal structuring of services to ensure compliance with diverse regulations in such 16 countries.

When venturing into overseas markets with cryptocurrency-related gaming services, it is imperative to be vigilant about the regulations in each country, particularly those pertaining to the finance, gaming or gambling sectors. Considering the variations in regulatory frameworks and government policies across different countries, obtaining pre-service legal reviews on the specific regulations of each jurisdiction is of paramount importance.

Cha & Kwon Law Offices specializes in offering comprehensive guidance on blockchain-based business operations and services tailored to various overseas markets, drawing on its extensive expertise in blockchain related regulations in various jurisdictions.