Prosecutors stormed Chai Corporation, the payments technology company founded by Daniel Shin, on the allegations that it misused its customers' personal information without their consent.
Investigators say Daniel Shin breaches South Korean capital market law over allegedly holding a stash of LUNA without disclosing it to investors.
The government plans to speak with digital asset service providers, institutional and retail investors, and other government agencies to chart the best course for regulating the industry.
U.S. Attorney’s Office for the Southern District of New York (SDNY) had assigned Attorney Damian Williams to kickstart the DoJ’s probe if iFinex committed bank fraud.
The claimants seek $57 million as damages for losses suffered during the de-pegging of TerraUSD (UST) from the U.S. dollar.
SBF recently tweeted his "thoughts on crypto regulation" alongside a more detailed set of Possible Digital Asset Industry Standards posted to the policy page of the FTX.US.
Tether has issued a blog post in which the integrity-challenged firm claimed that as of October 12, it had "eliminated commercial paper from its reserves," replacing them with T-Bills.
The Bangko Sentral ng Pilipinas says it is high time to use stablecoins in transactions, noting that it will be a stepping stone in revolutionizing payments while raising the country's GDP.
Introduced by Senator Andrew Bragg, the Digital Assets (Market Regulation) Bill 2022 requires disclosures from Australian companies dealing in digital yuan.
Stablecoins, DLT, CBDC, DeFi, NFTs, and the metaverse were the main topics of discussion throughout the day, and many bankers and regulators expressed different views on these concepts.
Stablecoins, CBDCs, and blockchain protocols were among the topics discussed in the "Banking Unblockchained?" webinar hosted by the Polish Blockchain Association last July 27.
Regulators in the European Union and the United States met at the Joint Financial Regulatory Forum to exchange their views on topics of mutual interest as part of their regular financial regulatory dialogue.
