South Korea has cracked down on a pump-and-dump scheme, accusing a suspect of rapid price manipulation under the country’s new crypto regulatory framework. New Crypto Law in Action: Suspect Accused of Rapid Price Manipulation South Korea’s Financial Services Commission (FSC) and Financial Supervisory Service (FSS) announced on Thursday that they have reported an individual suspected […]
Upbit Under Fire: South Korean Regulator Orders Halt on New Users
The South Korean Financial Intelligence Unit (FIU) has ordered Upbit to temporarily halt services for new users after finding numerous violations of the Specific Financial Transaction Information Act. South Korean Crypto Industry Watches Upbit Case Closely South Korea’s Financial Intelligence Unit (FIU) has reportedly ordered Upbit, one of the country’s largest cryptocurrency exchanges, to halt […]
BTC Donor Denied Bail: South African Law Enforcement Claims Incriminating Evidence, While Man Denies Accusations
A South African law enforcement agency has opposed bail for Ziyadh Hoorzook, who is accused of donating bitcoin to an organization allegedly funding terrorism. Hawks Say They Uncovered Compelling Evidence A South African law enforcement agency recently argued against granting bail to a man accused of donating $ 614 in bitcoin (BTC) to an …
US, Japan, South Korea Unite to Target North Korea’s Crypto Crime Empire
The U.S., Japan, and South Korea have united to thwart North Korea’s crypto theft schemes, targeting billions in stolen funds fueling weapons programs and cybercrime operations. 3 Nations Join Forces to Shut Down North Korea’s Crypto Funding Machine The U.S., Japan, and South Korea have issued a joint warning against cryptocurrency thefts linked to the […]
South African Crypto Exchanges Push for Regulatory Change to Allow Pension Fund Investment
Cryptocurrency exchanges have argued that pension funds should be allowed to invest in crypto assets, enabling South Africans to benefit from the substantial growth in cryptocurrency value. South African Treasury Urged to Formulate Progress-Promoting Policies South African crypto exchanges have called on authorities to remove a prohibition barring pension funds from investing in crypto assets. […]