Former justice calls crypto exchange ownership cap likely unconstitutional

Regulations restricting shareholding in virtual asset exchanges have strong unconstitutional elements from the perspective of protecting fundamental rights, according to former Constitutional Court Justice Lee Young-jin, Digital Asset reported. Speaking today at a seminar in Seoul hosted by the Korean Constitutional Law Association, Lee argued that it is difficult to justify the National Assembly retroactively imposing restrictions that would deprive well-run private companies and individuals of their ownership and freedoms simply because it perceives a problem.