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UST

South Korea: New probe uncovers $6.5B worth of digital assets linked to illegal transactions
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19 August, 2022

South Korea: New probe uncovers $6.5B worth of digital assets linked to illegal transactions

South Korea's regulatory board is eyeing sanctions against financial institutions linked to illicit forex transactions to safeguard its digital assets...
South Korea: Prosecutors raid digital assets exchanges in Terra investigation
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22 July, 2022

South Korea: Prosecutors raid digital assets exchanges in Terra investigation

Investigators from the Seoul Southern District Prosecutors Office searched the offices of several digital assets exchanges to seize records and...
3AC’s tangled web leaves creditors out missing billions
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20 July, 2022

3AC’s tangled web leaves creditors out missing billions

The bankruptcy of ‘crypto’ hedge fund Three Arrows Capital (3AC) continues to rock the wider digital asset sector, threatening an...
Russia’s central bank opposes ‘overly risky’ private stablecoins
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16 July, 2022

Russia’s central bank opposes ‘overly risky’ private stablecoins

The Bank of Russia says that stablecoins are risky because the underlying pool of assets doesn’t belong to the user,...
G20 financial watchdog to propose digital asset regulations in October
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15 July, 2022

G20 financial watchdog to propose digital asset regulations in October

The Financial Stability Board has stayed away from the industry but says the recent Terra debacle has made it rethink...
US court freezes Three Arrows Capital assets and approves subpoenas for founders
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14 July, 2022

US court freezes Three Arrows Capital assets and approves subpoenas for founders

The order was made in response to an emergency motion by liquidators, who say that 3AC’s founders—Su Zhu and Kyle...
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