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Crypto

Legal Opinions for Overseas Crypto Projects Seeking Listing on Korean Exchanges

Our review covers project structure, token and securities classification, VASP regulatory issues, and the preparation of legal opinions.

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Crypto

Decent reviews both project structure and Korean regulatory requirements to prepare the legal opinions necessary for listing on domestic exchanges.

Key Checkpoints Before Listing on a Korean Exchange

Listing on a Korean exchange requires reviewing not only the token itself, but the project's entire structure

  1. Token Structure

    The legal nature of the token, including its functions, rights structure, and securities classification

  2. Foundation & Operating Structure

    The project's operating structure and rights relationships, including the foundation, issuing entity, and development company

  3. Token Distribution Plan

    Total supply, allocation, lock-up terms, distribution plan, and major holder structure

  4. Applicability of Korean Regulations

    Potential applicability of Korean regulations such as the Act on Reporting and Using Specified Financial Transaction Information, VASP requirements, and AML rules

OUR PROCESS

Our Approach

Decent supports your listing with precise legal opinions prepared by attorneys specializing in virtual assets and corporate law.

STEP 01
01

Review of Business Structure & Underlying Facts

STEP 02
02

Analysis of Token Securities Classification & Applicable Korean Regulations

STEP 03
03

Legal Risk Review & Drafting of Legal Opinion

STEP 04
04

Response to Exchange Follow-up Inquiries & Supplementation Requests

OUR SERVICES

Key Services

01

Securities Classification Analysis

  • Assessment of whether the token qualifies as a security, including an investment contract security
  • Analysis of token rights, profit structure, and economic characteristics
  • Risk assessment under Korean laws, case law, and regulatory standards
02

Project & Issuance Structure Analysis

  • Review of legal relationships and governance among the foundation, issuer, and developer
  • Analysis of legal issues in token issuance, allocation, and distribution
  • Assessment of applicable Korean regulations, including the Act on Reporting and Using Specified Financial Transaction Information
03

Legal Advisory for Korean Exchange Listings

  • Preparation of legal opinions for submission to Korean exchanges such as Upbit and Bithumb
  • Structuring legal documentation to meet listing review requirements
  • Verification of legal consistency between submitted materials and the project's actual structure
04

Response to Exchange Inquiries & Supplementation

  • Review of legal documentation in response to additional exchange inquiries
  • Updating Legal Opinions in Response to Exchange or Regulatory Review Feedback
  • Support for follow-up matters arising from changes to project structure
WHY DECENT

Our Strengths

01

1,500 + Representative Virtual Asset Regulatory Advisory Matters

02

24/7 Support from a Dedicated Team

03

Clear, fast, and accurate communication in English and Korean

04

Reliable legal advice from a licensed law firm, beyond ordinary consulting

CONTACT US

Consult with Our Legal Professionals

From overseas entity formation
to ongoing legal advisory,
Decent is here to support your business.