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(Photo= Korbit) |
[Alpha Biz= Reporter Kim Jisun] Virtual asset exchange Korbit announced on the 5th that it had conducted practical training for all employees to enhance their understanding of virtual asset-related laws and improve regulatory compliance capabilities.
The training is part of an educational plan established to ensure compliance with key regulations, such as the obligation to protect user assets and the regulation of unfair trading practices under the Virtual Asset User Protection Act, which was enacted on July 19.
The training covered practical aspects of the following topics: △ virtual asset regulatory laws and the legislative background △ key points of the Virtual Asset User Protection Act △ regulation of unfair trading practices △ supervision and disciplinary measures △ strengthening internal compliance control. Korbit also provided two in-person training sessions last month for employees who were unable to attend.
The training was conducted by Shin Sang-hoon, a specialist from Kim & Chang law firm. Shin worked at the Financial Supervisory Service (FSS) from 2007 to 2022, handling investigations of unfair securities trading and serving in departments such as the Special Investigation Bureau and the Sanctions Review Bureau. In 2021, he worked in the Anti-Money Laundering Office, overseeing the registration and review of virtual asset service providers. He is currently serving as an advisory committee member for the Digital Asset Exchange Joint Consultative Body (DAXA), providing advice on regulations, including the Virtual Asset User Protection Act.
AlphaBIZ Kim Jisun(stockmk2020@alphabiz.co.kr)
