The National Assembly of South Korea is collaborating with the country’s Financial Services Commission on a bill that seeks to introduce greater oversight of crypto firms and introduce tough punishmen...
Tag: punishments
South Korean Regulators to Harden Punishments for Crypto Fraud Practices
The concern of not being able to curb the impact of an unfortunate incident such as the Terra-Luna incident to protect investors, South Korean legislators are now considering setting up law with the a...
South Korean regulators aim to toughen crypto fraud punishments
In the aftermath of the Terra collapse last spring, South Korean legislators intend to ramp up legislation, putting specific emphasis on the protection of investors in virtual assets — i.e. digital cu...
Cryptos Seem To Be Definitely To Be Used To Avoid Russian Punishments As Per ECB Chief
They are undoubtedly being used to try to get around the sanctions imposed on Russia by a number of countries across the world. Obviously, a certain number of players, whether individuals or corporati...
Iran Capital Officials Tack on Harsher Punishments for Illegal Crypto Mining
An official from Iran’s Power Generation, Distribution, and Transmission Company (known under Tavanir) announced that the government would pass new regulations to more harshly punish illegal crypto mi...