Cryptocurrency Activity by Asia-Pac Governments

January 02

In well publicized moves in late 2017, both China and South Korea banned ICOs.  Today, the Malaysian finance minister said in an interview that Malaysia will not impose a blanket ban on cryptocurrency trading.  At the same time, South Korea’s Yonhap News Agency reported that, in a further tightening move, “The South Korean government has been developing a system that is likely to start banning the use of anonymous accounts in cryptocurrency transactions from around Jan. 20 . . . The system is a part of follow-up measures after the government announced last week a set of fresh measures to curb transactions of cryptocurrencies, including a possible closure of cryptocurrency exchanges if necessary, amid growing fears that a bubble over exchanges may be set to burst.”

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David Zaslowsky has a degree in computer science and, before going to Yale Law School, was a computer programmer. He is currently the Chairman of the Litigation Department of the firm’s New York office. His practice focuses on international litigation and arbitration. He has been involved in cases in trial and appellate courts across the United States and before arbitral institutions around the world. Many of David’s cases, including some patent cases, have related to technology. Since 2008, David has been included in Chambers for his expertise in international arbitration.

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