South Korea Does Not Intend to Shut Down Cryptocurrency Trading

January 31

South Korea is one of the world’s largest markets for cryptocurrency trading and we have previously reported here and here on steps taken by that government in the cryptocurrency space. Reuters reported today that South Korea is not going to go as far as China, which has blocked virtual coin platforms.  The country’s finance minister said that the government has no plans to shut down cryptocurrency trading.  Rather, the government will act through regulating the exchanges.

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.