An Il-woon Partner Attorney, "Veat" Law Firm interview on Outstanding TV, a IT specialized media channel.
Article posted in 2023-11-23 11:47:12 | VEAT
The Veat Law Firm’s partner attorney, An Il-won, discussed the legality of virtual currencies through an interview with Outstanding TV, a specialized IT news media, and explained the legal scope of virtual currency businesses, specifically the legality of virtual currencies, through detailed explanations.
For more detailed interview content, please refer to the video below. If you need legal advice regarding virtual currency legality reviews, or regarding virtual currency and blockchain businesses, please contact Veat Law Firm.
As interest in virtual currencies has increased, the importance of judging virtual currency legality has become more critical. Partner attorney An Il-won explained in this interview that virtual currencies have some regulatory restrictions and how developed countries view virtual currencies, and up to what extent they can be considered legal or illegal, in a fun and easy-to-understand way.
Some classifications of virtual currencies resemble stocks. Simply, if you were asked to choose commonalities between stocks and shares, you can profit from buying low and selling high.
In addition, there are virtual currencies that exist in the form of rights or ownership rights of shareholders, similar to stocks.
In this case, it should be treated similarly to securities and receive similar regulations. That is the view of regulatory agencies in developed countries.
Source: Outstanding TV (https://www.youtube.com/@outstandcrew)
Partner attorney An Il-won, based on extensive understanding of blockchain, actively contributes to key business areas including ‘startup’, ‘IT’, and ‘blockchain’ and is appointed as a special committee member of the Korean Bar Association’s IT Blockchain Committee, enhancing his expertise in virtual currencies, NFTs and the ‘blockchain’ area.
Veat Law Firm is a legal advisor for various blockchain business industries, including virtual currency exchanges, virtual currency project developers, and virtual currency issuers, and provides optimal legal advice by building on its experience, allowing each company to establish appropriate legal strategies in uncertain blockchain business environments, such as virtual currencies and NFTs.
Thank you.
Veat Law Firm.