Digital Asset Basic Act News Today

Cryptocurrencies continue to gain traction with investors around the world. Explore how leading countries are regulating the emerging asset class.

Terra Luna is back in the news as the United States and South Korea vie for the extradition of Terraform Labs co-founder and CEO Do Kwon, a Korean...

The collapse of Terra continues to reverberate in Do Kwon’s homeland, but there are signs of progress, CoinDesk’s Emily Parker reports.

Announced by the Ministry of Justice, the technology is a cryptocurrency tracking system that would help authorities fight money laundering and recover funds associated with criminal activities.

The abrupt delisting of the once-popular Wemix coin has rekindled calls for authorities to take swift action to institutionalize Koreas crypto market. Wemix was issued by Koreas famous game publisher, Wemade, and its valuation soared to a record high of more than 25,000 won ($19) on Nov. 24, 2021. The coin then fell to around 3,000 won from July this year, following in the footsteps of other major cryptocurrencies.

While the crypto industry grapples with the definition of blockchain-based digital tokens, South Korea wants to nail down the terminology.

The FTX collapse might prove to be the biggest disaster in the history of cryptocurrency. Since the news of the exchange's insolvency issue, a lot has

The legislation is aimed at enabling financial authorities to monitor and punish unfair trade practices in accordance with traditional finance standards.

It appears that the FSC is making a U-turn and has announced that it will promote the use of digital currency and safeguard the interest of investors.

A task force comprising private-sector experts and relevant ministries will “expedite the review process of bills on virtual assets,” said chairman of South