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Search Results for: terra

South Korea wants digital asset criminals sentenced to life imprisonment
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8 February, 2024

South Korea wants digital asset criminals sentenced to life imprisonment

The new amendments will hand life sentences to any criminal that embezzles over $3.8 million, with the minimum time served...
South Korea to vet VASP execs; US SEC charges American Bitcoin Academy over $1.2M scam
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7 February, 2024

South Korea to vet VASP execs; US SEC charges American Bitcoin Academy over $1.2M scam

Elsewhere, Hong Kong’s Treasury has proposed bringing OTC venues under the city’s regulations, arguing that they have been used to...
Judge not wowed by Binance’s ‘no one told us this was illegal’ arguments
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24 January, 2024

Judge not wowed by Binance’s ‘no one told us this was illegal’ arguments

Binance could see itself in court following Monday's proceedings on its plea to dismiss the SEC's civil lawsuit, with Judge...
SEC v Ripple: US regulator asks court to make Ripple produce more financial statements
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15 January, 2024

SEC v Ripple: US regulator asks court to make Ripple produce more financial statements

The U.S. securities regulator has requested a federal judge compel Ripple to produce more financial statements related to institutional sales...
South Korea to ban credit card purchases of digital assets
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9 January, 2024

South Korea to ban credit card purchases of digital assets

The move is aimed at curbing illegal outflow of investment and money laundering as Koreans purchase digital assets on offshore...
Hong Kong consultation paper hints at new stablecoin regulation
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4 January, 2024

Hong Kong consultation paper hints at new stablecoin regulation

Despite the risks posed by stablecoins, Hong Kong regulators are keen to approve the tokenized assets, but not without reservations,...
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