Do Kwon, the founder of Terraform Labs, has recently been cleared from a potential deportation case between the U.S. and South Korea. The tech entrepreneur faced legal issues due to allegations of violating the foreign exchange transaction act, but has since been acquitted. This incident has spurred a broader discussion about the regulatory environment for blockchain technology and cryptocurrency in South Korea, with many hoping for more supportive policies to bolster the industry’s growth. The event involving Kwon has highlighted the need for clear and constructive crypto regulations globally.
Menu
