[THE KOREA TIMES_안찬식 변호사] Is Korean Crypto Valley possible?

  By Ahn Chan-sik Starting with Switzerland's Zug, followed by the U.K.'s TechUK and China's Lujiazui Special Economic Zone, the concept of a "Crypto Valley," now existing in various locations, offers a variety of benefits for startups that nurture and develop blockchain and cryptocurrency-related industries around the world. In Korea, while the government has designated… Continue reading [THE KOREA TIMES_안찬식 변호사] Is Korean Crypto Valley possible?

[THE KOREA TIMES_최선민 변호사] The unbearable lightness of tech law

By Choi Sun-min There are two ironic characters who love each other in Milan Kundera's famous novel "The Unbearable Lightness of Being." The relationship between Tomas, a talented doctor and notorious womanizer, and his wife Tereza is full of contradictions. Although meeting countless women, Tomas truly loves Tereza. For him, she is the only one… Continue reading [THE KOREA TIMES_최선민 변호사] The unbearable lightness of tech law

[THE KOREA TIMES_엄윤령 변호사] Penalties for cryptocurrency crimes

  By Eom Yoon-ryung Between February and May this year, Korean investigators conducted search and seizures at some of the leading cryptocurrency exchanges on suspicion of various charges. Recently the scope of the investigations has expanded to include companies that have held initial coin offerings (ICOs). Unlike general regulatory procedures, in criminal procedure, investigative agencies… Continue reading [THE KOREA TIMES_엄윤령 변호사] Penalties for cryptocurrency crimes

[IFLR_안찬식 변호사] South Korea: Cryptocurrency regulation

Korea has no laws and regulations which are specifically apply to cryptocurrencies. The Financial Supervisory Commission (FSC) and other Korean regulatory bodies have issued a number of press releases on basic government policies regarding, among other things, initial coin offerings (ICOs), cryptocurrency exchanges, and Ponzi schemes and other fraudulent activities involving bitcoin and other cryptocurrencies.… Continue reading [IFLR_안찬식 변호사] South Korea: Cryptocurrency regulation

[THE KOREA TIMES_김동욱 변호사] Privacy issues in blockchain technology

By Kim Dong-uk The cryptocurrency fever that has shaken the world since the end of last year has been arousing people's interest in blockchain technology and letting them know what it is. Recently, many platforms utilizing the technology have emerged, meaning that it is gradually becoming a part of our everyday life, not simply a… Continue reading [THE KOREA TIMES_김동욱 변호사] Privacy issues in blockchain technology

[THE KOREA TIMES_박주홍 변호사] Development of fintech and Korean government’s position

By Park Ju-hong Fintech is a new word that comes from the fusion of "financial" and "technology". Mobile banking and mobile payment technologies, which many people use nowadays, are examples of fintech. Korea has strengths in the IT field, but it is true that the international competitiveness of the finance sector is inferior to that… Continue reading [THE KOREA TIMES_박주홍 변호사] Development of fintech and Korean government’s position