[Effective May 20, 2026] Notice of Privacy Policy Amendment
Dear valued clients of InfiniteBlock,
Thank you for your continued trust in our services. In accordance with the Personal Information Protection Act (PIPA), the Act on the Protection of Virtual Asset Users, and related regulations of the Republic of Korea, InfiniteBlock Inc. has revised its Privacy Policy to provide clearer and more transparent standards for processing personal data. Please find a summary of the amendments below.
1. Effective Date
2. Key Changes
The amendment focuses on the following three core areas:
Data Categorization
Corporate, representative, registered director, beneficial owner, and authorized agent data are now itemized separately to clarify the scope and legal basis of collection.
Framework
Disclosure grounds have been added for the Korea Financial Intelligence Unit (KoFIU), the Financial Services Commission (FSC), and the Financial Supervisory Service (FSS) to comply with AML and market surveillance obligations.
Policy Introduced
Cookies are now used to enhance service personalization and user convenience. Browser-specific instructions for managing cookie preferences are provided.
3. Before & After Comparison
| Article | Before (v3.0) | After (v3.1) |
|---|---|---|
| Article 2 Required Data Items |
BEFORE Combined listing of corporate name, business/corporate registration number, representative’s name and RRN, business address, beneficial owner name and RRN, contact email and mobile number. |
AFTER Itemized into four categories: ① Corporate Information (legal name, business and corporate registration numbers, business address) ② Representative Information (name, RRN, nationality, address, mobile, email) ③ Registered Director (name, date of birth, nationality) ④ Beneficial Owner (name, RRN, nationality, address, mobile, email, ownership ratio). |
| Article 2 Authorized Agent |
BEFORE No dedicated section. |
AFTER New category established for authorized agents: name, RRN, mobile, email, nationality, residential address. |
| Article 2 Automatically Collected Data |
BEFORE Service usage records, access logs, access IP address. |
AFTER Member ID, device information (OS, model, carrier, device management ID, language, ADID, IDFA, IDFV), IP address, service usage records, cookies. |
| Article 2 Legal Basis |
BEFORE No explicit legal basis cited. |
AFTER Legal basis explicitly cited: PIPA Article 15(1)(1) and (2), Article 24(1) (Processing of Unique Identification Information), and Article 24-2(1) (Processing of Resident Registration Numbers). |
| Article 4 Title & Structure |
BEFORE “Provision to Third Parties and Cross-Border Transfer” — ① No cross-border transfers ② Disclosure to regulatory bodies without consent. |
AFTER “Provision to Third Parties” — cross-border transfer clause consolidated; categories of disclosure to regulatory bodies without consent are clearly enumerated. |
| Article 4 Receiving Authorities |
BEFORE ① National Tax Service (year-end tax filing documentation) ② Local police and prosecutors’ offices (warrant-based requests) |
AFTER ① National Tax Service ② Local police and prosecutors’ offices ③ Korea Financial Intelligence Unit (KoFIU) — AML and counter-terrorism financing reporting ④ Financial Services Commission (FSC) and Financial Supervisory Service (FSS) — abnormal transaction monitoring and unfair trading reports. |
| Article 9 Cookie Policy |
BEFORE “The Company does not use cookies for service delivery purposes.” |
AFTER “The Company uses cookies to provide personalized services and improve user convenience.” — Browser-specific guidance has been added on how to enter private/incognito browsing modes (Chrome, Edge, Safari, Samsung Internet) to manage cookie exposure. |
| Article 11 Korean Police Reference Link |
BEFORE Korean National Police Agency: 182 (ecrm.police.go.kr) |
AFTER Korean National Police Agency: 182 (ecrm.cyber.go.kr) — updated Cyber Investigation Bureau URL. |
| Article 12 Version & Effective Date |
BEFORE v3.0 / Effective March 16, 2026 |
AFTER v3.1 / Effective May 20, 2026 |
Combined listing of corporate name, business/corporate registration number, representative’s name and RRN, business address, beneficial owner name and RRN, contact email and mobile number.
Itemized into four categories: ① Corporate Information (legal name, business and corporate registration numbers, business address) ② Representative Information (name, RRN, nationality, address, mobile, email) ③ Registered Director (name, date of birth, nationality) ④ Beneficial Owner (name, RRN, nationality, address, mobile, email, ownership ratio).
No dedicated section.
New category established for authorized agents: name, RRN, mobile, email, nationality, residential address.
Service usage records, access logs, access IP address.
Member ID, device information (OS, model, carrier, device management ID, language, ADID, IDFA, IDFV), IP address, service usage records, cookies.
No explicit legal basis cited.
Legal basis explicitly cited: PIPA Article 15(1)(1) and (2), Article 24(1) (Processing of Unique Identification Information), and Article 24-2(1) (Processing of Resident Registration Numbers).
“Provision to Third Parties and Cross-Border Transfer” — ① No cross-border transfers ② Disclosure to regulatory bodies without consent.
“Provision to Third Parties” — cross-border transfer clause consolidated; categories of disclosure to regulatory bodies without consent are clearly enumerated.
① National Tax Service (year-end tax filing documentation)
② Local police and prosecutors’ offices (warrant-based requests)
① National Tax Service ② Local police and prosecutors’ offices
③ Korea Financial Intelligence Unit (KoFIU) — AML and counter-terrorism financing reporting
④ Financial Services Commission (FSC) and Financial Supervisory Service (FSS) — abnormal transaction monitoring and unfair trading reports.
“The Company does not use cookies for service delivery purposes.”
“The Company uses cookies to provide personalized services and improve user convenience.” — Browser-specific guidance has been added on how to enter private/incognito browsing modes (Chrome, Edge, Safari, Samsung Internet) to manage cookie exposure.
Korean National Police Agency: 182 (ecrm.police.go.kr)
Korean National Police Agency: 182 (ecrm.cyber.go.kr) — updated Cyber Investigation Bureau URL.
v3.0 / Effective March 16, 2026
v3.1 / Effective May 20, 2026
4. Rights of Data Subjects
If you do not consent to the revised Privacy Policy, you may request account withdrawal at any time. Continued use of the service after the effective date (May 20, 2026) will be deemed as acceptance of the amended policy. You retain the right to request access to, correction, deletion, suspension of processing, or withdrawal of consent regarding your personal information at any time.
The full text of the revised Privacy Policy will be available on the Company’s official website (inbl.io > Privacy Policy) from May 20, 2026. Previous versions (including v3.0) remain accessible on the same page for reference.
5. Contact
Thank you for your continued partnership.
InfiniteBlock Inc.
