'Cryptocurrency investment' trend increases demand for exchange consulting... Law firms accelerate efforts to strengthen expertise.

Over the past year, the scale of stocks purchased by individual investors domestically and internationally has exceeded 100 trillion won, and the investment market is experiencing a booming period unprecedented in history. Investment markets are also growing through cryptocurrencies such as Bitcoin and Ethereum. Consequently, the cryptocurrency industry is keenly aware of the need for legal consultations regarding new areas, and the law firm industry is strengthening its expertise in the field, including establishing a cryptocurrency-dedicated team.

Law Firm Veat is a law firm consisting of IT-trained lawyers who have come together to provide highly specialized cryptocurrency and blockchain legal consultations. It has been recognized by JoongAng Ilbo for the article "‘Cryptocurrency Investment’ Hype Increases Demand for Firm’s Advisory Services" highlighting its expertise.

IT-trained lawyers who have come together to provide highly specialized cryptocurrency and blockchain legal consultations.

Veat has established a cryptocurrency-dedicated team comprised of Choi Seong-ho Partner, Songdo Young Partner, and An Il-won Senior Partner, who have been appointed as members of the IT Blockchain Committee of the Korean Bar Association. The firm currently provides legal consultations to leading cryptocurrency exchanges in Korea, such as Upbit, and offers legal advice to those seeking to establish cryptocurrency exchanges and resolve legal disputes related to exchanges. It provides legal consultation on cryptocurrency exchange establishment and legal advice on cryptocurrency related legal disputes.

Please refer to the following case studies regarding Veat’s advice on Bitcoin, Ethereum, and other cryptocurrencies. For any further inquiries, please feel free to contact Veat.

- Announcement of Amendments to the Act on Reporting and Use of Specific Financial Transaction Information (Specific Financial Transaction Act); Will Orderbook Sharing Be Revealed?

- Review of Operating Policies of Virtual Currency Exchanges

- Legal consultation for a dispute between virtual currency buyers commissioned by A, a virtual currency issuer.

- Legal consultation on the legality of virtual currency issued by A, a virtual currency issuer.

Thank you.