South Korea Enhances Crypto Regulation with Permanent Crime Unit
South Korea commits to a permanent crypto crime unit for improved digital asset regulation, promising greater efficiency and stronger investor protections from July 2023.
BerniceSouth Korea commits to a permanent crypto crime unit for improved digital asset regulation, promising greater efficiency and stronger investor protections from July 2023.
BerniceThis comes as part of company-wide layoffs that are expected to see around 7,000 leave the company over the next two months.
decryptEarlier Monday, CoinDesk reported that DCG and Genesis had reached an agreement with a key group of creditors.
OthersCryptocurrency conglomerate Digital Currency Group has informed its shareholders the firm is suspending dividends until further notice.
CoindeskThe unit, known as Genesis Global Capital, serves an institutional client base and had $2.8 billion in total active loans as of the end of the third quarter of 2022.
CoindeskThe Winnipeg police service received money from the Criminal Property Forfeiture Fund to provide training through the Cryptocurrency Tracing Certified Examiner course.
CointelegraphMoelis & Co.'s John Momtazee stated the firm was unfazed launching the group amid a crypto bear market, acknowledging that any new “disruptive” tech comes with volatility.
CointelegraphGoogle's cloud computing division recently announced that it is establishing a new unit that will build tools to support Web3 ...
BitcoinistThe Crypto Assets and Cyber Unit of the SEC’s Enforcement Division, which is tasked with policing cryptocurrency firms, will add 20 people to its staff.
CointelegraphThe decentralized space continues its expansion and major brands are adopting Web3 tools, including Google’s cloud unit.
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