LUNA

SEC bags $8.2B in fines in 2024, over half from Terraform
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29 November, 2024

SEC bags $8.2B in fines in 2024, over half from Terraform

The $8.2 billion penalties and fines bagged by the SEC consisted of $6.1 billion in disgorgement and prejudgment interest and...
IOSCO urges for investor education on digital currency
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31 October, 2024

IOSCO urges for investor education on digital currency

IOSCO urges its regulators to enhance their investor education efforts targeted at novice investors—accounting for the high-risk nature of these...
FSB paper tackles stablecoin risks to emerging markets, developing economies
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25 July, 2024

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
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22 July, 2024

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
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22 July, 2024

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
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1 May, 2024

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...