Court Puts Block on Financial Authorities' 'Partial Business Suspension' Sanction on Coinone
3 Articles
3 Articles
Suspension of effect until 30 days after the main ruling… FIU loses. The court has put the brakes on the partial business suspension order issued by financial authorities against the virtual asset exchange Coinone. According to legal sources on the 29th, the 10th Administrative Division of the Seoul Administrative Court (Presiding Judge Jeong Eun-young) [regarding] Coinone
[Digital Daily Reporter Cho Yoon-jung] The court has put the brakes on the financial authorities' three-month partial business suspension imposed on the virtual asset exchange Coinone. On the 29th, the 10th Administrative Division of the Seoul Administrative Court (Presiding Judge Jung Eun-young) granted Coinone's application for a stay of execution against the Financial Intelligence Unit (FIU). Accordingly, the effect of the FIU's sanctions wi…
Coinone breathes a sigh of relief following Bithumb... Normal operations until final ruling.
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