it may lead to total loss of investment money. The SEC strongly urges investors interested in high-risk products to contact properly licensed business operators only. The

standards of conduct, especially the executives who oversee compliance of business operators in accordance with the law, standards and ethics of business operation, to build investors’ confidence

derivatives business operators, which provide services such as securities brokerage, securities dealing, investment advisory, underwriting, mutual fund management, private fund management and derivatives

knowledge and understanding of cryptocurrency. In case of unqualified investors, investment through a licensed digital asset fund manager would be allowed, and (2) Digital asset business operators would be

business operators to make necessary preparation for handling potential cyber threats in advance.     __________________

asset business operator only in case of deciding to invest in digital assets. The list of licensed digital asset business operators and more information on digital assets are available at the microsite

long information disclosure forms. This idea was well supported from both business operators and investors. SEC is therefore seeking opinions on the draft notification before it becomes into effect

in business operations and encourage business operators to set effective standards of custodian servicesIn addition, in order to prevent assets for the person authorizing the management of the

in business operations and encourage business operators to set effective standards of custodian services.In addition, in order to prevent assets for the person authorizing the management of the

asset value (NAV) by adjusting the number of investment units to reflect the change in investment unit price- Allowing business operators to be exempted from conducting investors’ suitability tests if