News with the tag "Protection Act"

A bipartisan piece of legislation aimed at combating illegal blockchain activities has been reintroduced to the U.S. House of Representatives. According to a new press release , Republican Representative Zach Nunn of Iowa and Democrat Representative Jim Himes of Connecticut have together reintroduce...

South Korean authorities have indicted suspects for unfair crypto trading involving artificial price inflation and subsequent token dumping, known as a pump and dump.

Introducing supervisory fees marks a crucial step toward increased regulation and oversight.

Legislation focuses on preventing illicit cryptocurrency activities while safeguarding consumer choice.

South Korea’s Act on the Protection of Virtual Asset Users went into effect on July 19, 2024, aiming to protect users and ensure market stability. Initially revised in 2021 to mandate virtual asset service providers (VASPs) to register and adhere to anti-money laundering regulations, it became evide...

South Korea's new "continuous monitoring system" will track suspicious crypto activity on exchanges starting July 19th. This move coincides with their new Virtual Asset User Protection Act, keeping things safe for investors. The post South Korea Launches Monitoring System for Crypto Transactions Ahe...

The details of enforcing the Protection of Virtual Asset Users Act are not contained in the bill, which comes into force July 19.

South Korea will implement its first crypto act on user protection on July 19. As a result, the South Korean financial authority has notified nearly 30 registered exchanges to review the over 600 cryptocurrencies they listed on them. Under the new law, companies that fail to comply could face severe...

The government of Argentina informed it had opened an investigation into the data collection activities that Worldcoin is executing in the country. The Public Information Access Agency (AAIP), the data comptroller in the country, sent a letter to the Worldcoin Foundation requesting information about...