South Korea2026.11.06Digital Asset

Senior Prosecutor: 'Integrated Disclosure Revealing Ultimate Controllers Needed to Prevent Predatory Coin Issuance'

• The conference, themed 'Recent Trends in Financial Crime Response and Capital Market Regulation,' was jointly hosted by the Korean Society of Financial Law and the Public Prosecution Office's community of prosecutors specializing in securities, finance, and virtual assets.
• Kim Yong-je, head of the Third Serious Crimes Prosecution Division at the Seoul Southern Public Prosecution Office, delivered a presentation on information asymmetry in the digital asset (cryptocurrency) market.
• His core proposal: establish a public integrated disclosure system requiring issuers to reveal the identity of a token's actual (ultimate) controller, aimed at preventing predatory virtual asset issuance.