SOBA Global (SOBA Foundation) Introduces the First Risk Management System in the Crypto Ecosystem
SOBA Global Ltd., a blockchain-based entertainment service company, introduces risk management system for compliance control for the first time in the crypto industry.
The risk management system is responsible for prosecuting illegal activities and creating a sound virtual asset trading environment through research on new regulations related to cryptography, preparation of countermeasures, and transparent compliance system.
SOBA Global has hired Kim Yoon-Joo as a risk management manager who oversees compliance control and monitoring within the system. Kim Yoon-Joo plans to thoroughly fulfill SOBA Global’s legal risk management obligations based on her many years of experience in the financial sector, including the chief investigator in the Public Communications Office of the Financial Supervisory Service, a senior investigator at the Planning and Coordination Bureau, and a senior reviewer at Prodigy Investments VC. In addition, the risk management system will be composed of experts from various fields, including the legal profession, since expertise and transparency is important.
An official at SOBA Global said, “In order to establish a more stable crypto ecosystem, a market atmosphere that follows laws and principles must first be formed. SOBA Global will lead the crypto business market based on the spirit of compliance with the best practices.
In particular, Korea, the main target country of SOBA Global, has special law issues to be concerned about . In the future, through the risk management system, we plan to quickly respond to national issues in special situations including Korea.”
