South Korea’s financial regulator, the Financial Supervisory Service (FSS), will inspect crypto exchanges to identify illegal practices following stricter regulations under the Virtual Asset Users Protection Act. The review aims to ensure compliance and safeguard crypto assets, with severe penalties for violations, including life imprisonment for profiting over five billion won illegally. South Korea’s Financial […]
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SEC Returns $4.6 Million to Investors of Ethereum-Based BitClave ICO
The U.S. Securities and Exchange Commission (SEC) has distributed $4.6 million to investors harmed by BitClave’s unregistered initial coin offering...
