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The White House has declared Bitcoin a national strategic asset and announced the establishment of a Bitcoin reserve. Under an executive order signed by President Trump, this reserve will be maintained primarily through Bitcoin seized in incidents such as hacking,…
A series of major hacking incidents have recently hit the blockchain industry, with Wemade losing 9 billion KRW and Bybit suffering a massive $1.5 billion breach. KCA CEO Taehyun Ki has described these attacks as “a new warning signal for…
If someone reveals confidential information about a romantic relationship through an Instagram secondary account (often referred to as a “finsta”), can it be grounds for a defamation lawsuit? According to Attorney Ohoon Kwon from Cha & Kwon Law Offices, pressing…
Shinyoung Choi, a partner attorney at Cha & Kwon Law Offices, has been appointed as a legal advisor to the Korea Women’s Society of Architects & Engineers. An active member of various legal and advocacy organizations, Attorney Choi serves as…
The Seoul Southern District Prosecutors’ Office has officially elevated the “Virtual Asset Crime Joint Investigation Task Force.” to a formal organization named the “Virtual Asset Crime Joint Investigation Division.” This move is designed to empower the new division to directly…
The Trump administration’s cryptocurrency policy marks a significant shift toward fostering innovation while maintaining U.S. financial dominance. The executive order rejects Central Bank Digital Currencies (CBDCs) due to concerns over privacy and government overreach, instead promoting privately issued, dollar-pegged stablecoins.…
TokenPost, a media platform that provides the latest news and information on blockchain and cryptocurrencies, has announced the selection of Attorney Ohoon Kwon as a specialist for its “북클럽 (Book Club)” initiative focused on blockchain, AI, and cryptocurrency. As the…
Over the past 24 hours, approximately $130.3 million (KRW 187.8 billion) in leveraged crypto positions have been liquidated, affecting 68,004 traders who saw their positions forcibly closed. Among the total liquidations, long positions accounted for $54.77 million, while short positions…
Ripple’s key executives predict that 2025 will be a pivotal year for the blockchain and cryptocurrency industry. Major financial institutions are expected to accelerate blockchain adoption, leveraging tokenized assets to enhance liquidity and unlock new revenue streams. Corporate treasury management…
Client A, an overseas company that issued a cryptocurrency, sought to collaborate with Korean influencers for marketing. To ensure compliance with Korean regulations on virtual assets and advertising, A consulted Cha & Kwon Law Offices to clarify the scope and…
Cha & Kwon Law Offices has entered the CIS legal market through a partnership with Uzbekistan’s Law Firm, Black Swan. The MOU signing, attended by Partner Attorney Jo Joonghan and Black Swan’s Managing Attorney Amir Akhmedov, will focus on corporate…
In cryptocurrency-related cases, identifying perpetrators is often difficult, and tracking funds becomes nearly impossible when using offshore exchanges or decentralized exchanges (DEXs). To address this issue, Hong Kong recently implemented blockchain-based service of process. The court registered legal documents as…
It appears that both top investors and retail investors on the Coinone exchange are heavily focused on Ripple (XRP). As of January 31, the most purchased cryptocurrency in the past 24 hours among the top 100 high-volume traders, based on…
The rapid evolution of artificial intelligence (AI) is blurring the lines between humans and machines, evident in virtual assistants and autonomous vehicles. While AI enhances efficiency and personalization across industries, public concerns about its implications are growing. A 2023 survey…
