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Search Results for: terra

In South Korea, a power tussle is brewing for right to regulate digital assets
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21 May, 2023

In South Korea, a power tussle is brewing for right to regulate digital assets

Bank of Korea argues it has the right to access data of VASPs due to the risks tied to offering...
Tether’s plan to blow billions in ‘profits’ on BTC questioned
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18 May, 2023

Tether’s plan to blow billions in ‘profits’ on BTC questioned

Tether announced that starting this month, it would “regularly allocate up to 15% of its net realized operating profits towards...
Jump Trading manipulated UST price for $1.3B profit, class action lawsuit alleges
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16 May, 2023

Jump Trading manipulated UST price for $1.3B profit, class action lawsuit alleges

Jump Trading entered into an agreement with Terraform Labs to manipulate UST to stay at $1 and in return purchased...
Burned and shunned by banking, digital assets are lurking in the shadows
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16 May, 2023

Burned and shunned by banking, digital assets are lurking in the shadows

The global financial stability is facing threats as digital asset players turn to shadow banks amid a spate of tech...
Do Kwon to be released on $436K bail ahead of criminal trial in Montenegro
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16 May, 2023

Do Kwon to be released on $436K bail ahead of criminal trial in Montenegro

Terraform Lab's Do Kwon and Han Chang-joon would be subjected to house arrest under police supervision on a €400,000 (approximately...
Hong Kong regulators warn incoming firms against ‘light touch’ approach
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16 May, 2023

Hong Kong regulators warn incoming firms against ‘light touch’ approach

Despite being seen as having a "friendly" stance toward VASPs, Hong Kong reiterates it would push for stringent but "reasonable"...
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