Address
5F, 526 Nonhyeon-ro,
Gangnam-gu, Seoul, Korea
When the Korean Financial Intelligence Unit (FIU) first completed its initial round of Virtual Asset Service Provider (VASP) screening in December 2021, 29 companies passed. Four years later, as of January 8, 2026, the number of active registered VASPs sits…
Who Should Issue Stablecoins? The Central Regulatory Debate Korea stands at a crossroads in shaping its stablecoin ecosystem. As the Digital Asset Basic Act moves toward implementation, a fundamental question remains contested: should banks monopolize stablecoin issuance, or should fintech…
The Digital Asset Basic Act (디지털자산기본법), introduced by Representative Min Byeong-deok in June 2025, represents the most significant proposed legislative development in Korea’s cryptocurrency regulatory framework since the Virtual Asset User Protection Act. Unlike VAUPA, which operates primarily through consumer…
For companies waiting to enter the Korean digital asset market through a single, unified statute, 2026 has been a year of recalibration. The Korea Digital Asset Basic Act (디지털자산기본법, “DABA”) — originally envisioned as Phase 2 of Korea’s crypto framework…
Your token has been listed on a major Korean exchange for years. Then, without warning—or with minimal notice—the exchange announces it will delist your token within weeks. Your project’s liquidity in Korea will evaporate. Your community is asking what you…
When a crypto project collapses or a digital asset exchange freezes customer funds, foreign investors often assume they can turn to Korea’s criminal system to recover losses. But filing the right charges in Korea—and understanding how prosecutors will investigate cryptocurrency…
When a crypto project seeks listing on a Korean exchange, one document often appears on the requirement checklist: a legal opinion letter. Yet many teams launching tokens or crypto services don’t understand what this means, why exchanges demand it, or…
The Line That Matters: Whose Assets Are You Trading? Automated crypto trading — running bots that execute strategies algorithmically across virtual asset exchanges — is not inherently illegal in Korea. Korean law does not prohibit algorithmic trading as such. What…
The Short Answer If you operate a crypto referral program targeting Korean users — or if your exchange pays Korean-based marketers to bring in Korean retail customers — you are operating in a legally sensitive zone under Korean law. Whether…
Is Crypto Investment Advisory Legal in Korea Without a License? The short answer: possibly yes, under current law—but this is a dangerous gray area. Virtual asset investment advice does not currently require a Financial Services Commission (FSC) license under Korea’s…
