The FSC report highlights new regulations that introduce stricter licensing requirements for digital currency exchanges and token issuers based on the risks involved.
A document titled the 'National Task Implementation Plan' confirmed that South Korean President Yoon Suk-yeol is looking to introduce the Digital Asset Basic Act (DABA) in 2023.
The SEC warned that Leefire, which is issuing an ICO and promising lucrative returns, isn’t licensed to service the local market with its pyramid-like products.
The control of the Bitcoin network is distributed between the developers of the network creating the code and the enforcement through the nodes.
China’s highest court has amended the country’s laws to impose harsher sentences on those that raise money through ICOs, including over ten years behind bars.
Founder Craig Derel Sproule allegedly diverted some of the funds to gold mining operations in South Africa after promising to fund a decentralized software protocol.
The U.S. Securities and Exchange Commission charged New York-based GTV Media Group and Saraca Media Group, as well as Arizona-based Voice of Guo Media Inc. in connection with the illegal stock offering.
Integra FEC recently issued a report authored by University of Texas professor John M. Griffin featuring the provocative title, “Were ETH and EOS Repeatedly Recycled during the EOS Initial Coin Offering?”
Justin Cheng, who is charged with defrauding the U.S. government with over $7 million in a well-orchestrated COVID relief scam, has been sentenced to seven years in prison by a federal court.
OPSkins will be settling their dispute with digital currency asset managers Crypto Asset Fund and Digital Capital Management outside of court.
Cryptocurrencies require scrutiny and should be traded with care, according to the Texas State Securities Board.