Written by 10:59 AM Economics

Kim Hyo-bong, an expert in virtual assets from the Pacific Financial Supervisory Service, has been recruited as a lawyer.

◆…Kim Hyo-bong, lawyer at the law firm Taepyeong [Photo=Provided by the law firm Taepyeong]

◆…Kim Hyo-bong, lawyer at the law firm Taepyeong [Photo=Provided by the law firm Taepyeong],
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, ‘The law firm Taepyeong (represented by lawyer Lee Jung-ki) announced on the 22nd that it has hired lawyer Kim Hyo-bong, a former employee of the Financial Supervisory Service, to strengthen its capabilities in virtual asset-related business.’,

, ‘Until recently, Lawyer Kim, who worked at the Digital Finance Innovation Department and Virtual Asset Supervision Department of the Financial Supervisory Service, graduated from the 41st Judicial Training Institute in 2012 and started his legal career at the Compliance Team of Hyundai Securities. During his 11 years at the Financial Supervisory Service, he accumulated expertise in insurance, asset management, dispute resolution, digital assets, and more.’,

, ‘In particular, he joined the virtual asset division team at the Financial Supervisory Service in 2022, when it was first established, and was recognized as a leading virtual asset expert, as he was involved in the preparation process for the Virtual Asset User Protection Act from start to finish.’,

, ‘As the government is making progress in legislating digital assets, he has been involved in drafting virtual asset-related laws and creating exemplary cases for listings. He has also conducted research on central bank digital currencies (CBDCs), tokenized securities offerings (STOs), future currency infrastructures, and virtual asset regulations.’,

, ‘He is responsible for virtual assets, fintech, and asset management at Taepyeong TMT (Information Technology, Broadcasting, Telecommunications) Group. He is expected to play a key role as a core member of the newly established Taepyeong Future Financial Strategies Center in May, performing regulatory compliance tasks in the field of virtual assets. In addition, he has decided to support the Taepyeong Digital Finance Group and Blockchain/Virtual Asset Team.’,

, ‘Taepyeong stated, “Through this recruitment, we have further enhanced our capabilities to respond to the innovative finance and blockchain industries, including the previously overlooked virtual asset market in government policies,” and said, “Based on his rich experience and expertise in financial regulation, we will respond to complex industrial issues without any gaps.”‘,

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