While the FSS’ standardization effort is still in its early stages, it is expected that once a legal framework for virtual assets has been established,
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Law Decoded: The long waves in the aftermath of UST’s crash, May 16-23
Officials from all over the world continue discussing the solutions for stablecoins’ risks
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South Korean police request exchanges freeze LFG related funds
Police in South Korea have contacted the country’s leading exchanges to freeze any funds linked to the embattled Luna Foundation Guard.
Read moreInvestors Continue To Trade LUNA Despite Massive Crash
Investors continue to trade the LUNA token despite its enormous fall, seeing the coin lose 99% of its value from $62 on May 9 down
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Do Kwon Dissolved Terraform Labs Korea Days Before Collapse of Terra LUNA, UST
Official records show Do Kwon dissolved Terraform Labs Korea, closing down its headquarters and sole branch just days before the collapse of terra crypto (LUNA)
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South Korean watchdog reportedly fines Terraform Labs $78M for tax evasion
According to South Korean corporate tax laws, foreign-registered companies are treated as domestic if the decision-making process and operations are carried out from the country.
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