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Terra

FSB paper tackles stablecoin risks to emerging markets, developing economies
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25 July, 2024

FSB paper tackles stablecoin risks to emerging markets, developing economies

The Financial Stability Board paper focused on what it refers to as global stablecoins, which are stablecoins that could be...
South Korea’s first digital asset law comes into force after year of finessing
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22 July, 2024

South Korea’s first digital asset law comes into force after year of finessing

The Virtual Asset User Protection Act focuses on investor protection and mandate that exchanges keep at least 80% of user...
Hong Kong unveils stablecoin consultation results
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22 July, 2024

Hong Kong unveils stablecoin consultation results

The FSTB and the HKMA conducted the consultation in 2023, and they will release the results “soon” as stablecoin regulations...
Do Kwon’s extradition to US quashed by Montenegro court
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21 December, 2023

Do Kwon’s extradition to US quashed by Montenegro court

The U.S. was in the lead in its race with South Korea for Do Kwon’s extradition, but an appellate court...
Do Kwon to be extradited to US from Montenegro: report
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11 December, 2023

Do Kwon to be extradited to US from Montenegro: report

Montenegro's "top justice official" privately said he plans to send Do Kwon to the U.S., where he is facing charges...
IMF proposes framework for assessing systemic risk of digital assets
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4 October, 2023

IMF proposes framework for assessing systemic risk of digital assets

A paper from the International Monetary Fund outlines a framework for understanding and tracking systemic risks stemming from digital assets,...
Terra co-founder Daniel Shin faces US probe on Terraform Labs links
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22 August, 2023

Terra co-founder Daniel Shin faces US probe on Terraform Labs links

The U.S. Securities and Exchange Commission and South Korean investigators are set to question Terra co-founder Daniel Shin about the...
SEC v Ripple: Court grants regulator’s request to appeal in Ripple case
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18 August, 2023

SEC v Ripple: Court grants regulator’s request to appeal in Ripple case

Both the SEC and Ripple will have a chance to argue whether the finance regulator is entitled to file an...
Terra’s Do Kwon stands to face longest jail term over financial crime, South Korea says in extradition fight
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10 May, 2023

Terra’s Do Kwon stands to face longest jail term over financial crime, South Korea says in extradition fight

South Korea is in an extradition battle with the United States for Do Kwon, who is currently facing passport forgery...
Terraform Labs wants US lawsuit dismissed since LUNA/UST was developed overseas
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8 May, 2023

Terraform Labs wants US lawsuit dismissed since LUNA/UST was developed overseas

The lawsuit should be dropped as its protocols were developed overseas, according to Terraform Labs. It had been sued for...
Arbitrum, Wintermute and more DeFi lies
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6 April, 2023

Arbitrum, Wintermute and more DeFi lies

Arbitrum's market maker, Wintermute, received $40 million of ARB from Arbitrum as part of the $1 billion allocation.
South Korea: Over $160M seized from Terra employees linked to 2022 collapse
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6 April, 2023

South Korea: Over $160M seized from Terra employees linked to 2022 collapse

Authorities in South Korea insist that while an investigation into Terra's collapse is ongoing, asset seizures are necessary to prevent...