additional rules regarding ICO advertisements. Essentially, such advertisements must refrain from enticing or pressuring investors into uncareful investment decisions. Moreover, they must not imply guaranteed
– 8 February 2022), which resulted in the issuance of regulations governing the provision of services of digital asset business operators. Essentially, the regulations contain the following provisions
. Essentially, the proposed amendments to the PP offering regulations would: (1) Cancel the approval application procedure, retain information disclosure in the shareholders' meeting notice, and require the
cyber threat to ensure that clients’ digital assets under their custody are safe. Essentially, digital asset business operators are required to establish a cybersecurity system in accordance with the
business services to minors in accordance with the same standard and the Civil and Commercial Code. Essentially, all digital asset business operators are required to: (1) Consider the information related
amendments which essentially would: (1) Revise the wording on the determination of the qualifications of an issuer of an initial public offering to be clearer in the part of non-involvement in an illegal
efficiently. Essentially, the proposed revisions cover the following key domains:(1) Establish multiple levels of expected security controls and oversight techniques that apply differently to licensed
asset business operators who provide services to customers’ wallets. Essentially, the drafted regulations: (1) Specify digital asset custodial wallet provider as a digital asset business that is
sufficiently support capital market growth. Essentially, the amendments will (1) lower the requirement regarding audit experience from a minimum of ten years to 7 years; (2) lessen the requirement on a
from 11 June 2021 onwards without retrospective effect. Essentially, the Notification prescribes that digital asset exchanges set their listing rules and prohibits the exchanges from providing services