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The Amendment of the Commercial Act was approved by the National Assembly on December 9, 2020, promulgated on December 29, 2020, and enforced on the…
-BITCOINS ARE “INTANGIBLE ASSETS WITH PROPERTY VALUES” -SUBSTITUTE PAYMENTS IN FIAT MONEY IS “VALUE OF BITCOINS AT THE TIME OF CLOSING ARGUMENT OF…
Divorce Process in Korea Once the Korean law is determined as the law to govern the divorce process, Korean divorce law does not treat foreigners…
Amendment of Korea Commercial Act The Amendment of the Commercial Act was approved by the National Assembly on December 9, 2020, promulgated on…
Jurisdiction Private International Act(“PIA”) is a statute that determines the principles and governing law of legal relations with foreign aspects…
*Cryptocurrency exchanges will be forced to shut down starting from September 25, if it fails to obtain Real Name Accounts. *Investors at the risk of…
On February 23, 2021, the first subcommittee(chairperson Byunguk Kim) of the National Policy Committee of the National Assembly approved the…
*Scope of VASPs still vague after amendment of Specified Transaction Information Act. *Cyrpto businesses providing multi-sig technology may or may…
The recently amended Specified Transaction Information Act sparks legal debate as it fails to obstruct financial criminals from re-engaging in the…
Following amendment to the Korean Act on Reporting and Using Specified Financial Transaction Information(the “Act”) on March 24, 2020 (to be enforced…