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FSB paper tackles stablecoin risks to emerging markets, developing economies
The Financial Stability Board paper focused on what it refers to as global stablecoins, which are stablecoins that could be...
South Korea’s first digital asset law comes into force after year of finessing
The Virtual Asset User Protection Act focuses on investor protection and mandate that exchanges keep at least 80% of user...
Hong Kong unveils stablecoin consultation results
The FSTB and the HKMA conducted the consultation in 2023, and they will release the results “soon” as stablecoin regulations...
Terraform and Do Kwon argue fines should be $1 million, not the SEC’s proposed $5.3 billion
Lawyers representing Terraform Labs and its disgraced co-founder Do Kwon have filed a motion opposing U.S. SEC’s request for $5.3...
Do Kwon to miss part of US fraud trial due to extradition delay
Initially set for January 29, the SEC postponed Do Kwon’s trial by two months to allow him to attend, but...
Terraform Labs files for Chapter 11 bankruptcy
Despite the many legal cases against Terraform Labs and its founder Do Kwon having the company in dire straits, the...
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