exceeding four persons appointed by the Minister of Finance as proposed by the Nomination Committee. Expert Board members must have qualifications and do not possess any prohibited characteristics as
exceeding four persons appointed by the Minister of Finance as proposed by the Nomination Committee. Expert Board members must have qualifications and do not possess any prohibited characteristics as
support cash conversion. In addition, it was found that there are solicitors who promise or guarantee high returns from such ICOs investment in the form of Ponzi scheme, luring investors into quick, ill
conversion. In addition, it was found that there are solicitors who promise or guarantee high returns from such ICOs investment in the form of Ponzi scheme, luring investors into quick, ill-informed decisions
one fourth of directors to be independent director. In this regard, the independent director shall have qualification and shall not possess prohibited characteristics as specified by the Notification of
practice. Clause 2 An intermediary shall provide one fourth of directors to be independent director. In this regard, the independent director shall have qualification and shall not possess prohibited
directors to be independent director. In this regard, the independent director shall have qualification and shall not possess prohibited characteristics as specified by the Notification of the Capital Market
of their acts, the aforesaid four persons are deemed to possess prohibited characteristics of capital market personnel as specified in the Notification of the Capital Market Supervisory Board No. Tor
items for annual general meetings and extraordinary general meetings, to require the persons proposing the agenda item to possess sufficient information and supporting documents, to specify details in
a trustee to protect digital token holders’ interests. Trustee will possess real estate or hold shares of special-purpose entity (SPV), which is a real estate owner, at no less than 75% of SPV’s