CRYPTOCURRENCY AS SECURITIES? (CAPITAL MARKETS ACT)

Interviewee: Ohoon Kwon, partner attorney at Cha & Kwon Law Offices Lawyer Kwon gives an overview of the cryptocurrency regulations in Korea (FSCMA), and whether cryptocurrency is considered securities in Korea.

00:01 - Introduction 00:27 - Topic: Cryptocurrencies 00:51 - Cryptocurrency Regulations in Korea: no specific statute regulating cryptocurrency so far 01:38 - Cryptocurrencies as Securities? 02:26 - Statute: Korea FSCMA Act 03:18 - Example of Cryptocurrency as Security? : Not yet, but there are risks. 04:28 - The Ripple Problem 05:41 - Amendment of AML Act 06:26 - What's Next?