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Legal Consultation on the Scope of Services Provided Using Virtual Assets

Selected Matters

Practice areaCrypto & Virtual Assets
Lawyer
Ohoon KwonManaging AttorneySeoyeon ByunPartner

The client is a platform operator related to virtual assets. With the introduction of regulations related to virtual assets, the client inquired whether it is legal to provide services in Korea under the current business model or whether it requires a license. With the recent introduction of various regulations in the case of virtual assets, business models that were previously possible to provide services in Korea often become impossible. For this reason, it is important to specifically review the contents of the services related to virtual assets and consider how they can be operated legally in advance. Cha & Kwon Law Offices actively identifies and advises on the latest regulatory trends based on its expertise in virtual assets.

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