Former Bithumb chair faces 8-year imprisonment

[ad_1] Lee Jeong-hoon, the former chair of Bithumb, one of South Korea’s major cryptocurrency exchanges, is at the center of a legal battle and might be facing an eight-year prison sentence in the appeal whose verdict is scheduled for Jan. 18. According to Korean local media reports, prosecutors contend that Lee intended to revamp Bithumb’s … Read more

VARA demonstrates how regulators, market can work in tandem: VARA Vice Chair

[ad_1] The Virtual Assets Regulatory Authority [VARA] is one of the earliest world regulatory bodies to release comprehensive crypto assets regulations to promote crypto-related activities in Dubai. Established in March 2022, VARA was created to promote the Emirate as a regional and international hub for virtual assets and related services. VARA released a comprehensive regulatory … Read more