Messari: An overview of the Web3 ID aggregation protocol landscape
Messari, Messari: Overview of Web3 ID aggregation protocol landscape Golden Finance, ID fragmentation is a challenge we are very familiar with
JinseFinanceLog in/ Sign up
South Korea Enhances Crypto Regulation with Permanent Crime Unit
Follow
South Korea is set to embrace the importance of digital asset regulations and vigilance with the decision to turn its temporary crypto crime unit into a permanent one, according to a report from a local media outlet.
According to the Segye Ilbo report, the Ministry of Justice and the Ministry of the Interior and Safety plan to start talks in early May on the decision to transform the Joint Virtual Asset Crime Investigation Unit into an official department.
Importantly, the crypto crime unit currently operates as a makeshift body under the Southern District Prosecutor's Office in Seoul and could be scrapped from existence when deemed unnecessary. However, the report points out that officialdom will raise efficiency in the unit through the appointment of new prosecutors and budget allocation.
The Joint Virtual Asset Crime Investigation Unit, announced in July 2023, becomes the country's first one specifically for crimes in the rapidly growing but somewhat weakly controlled digital asset sector. It will have about 30 experts from seven financial and tax regulatory authorities.
According to the February report issued by South Korea's Financial Intelligence Unit, such crimes have been exploding in numbers in the region. In 2023, local firms reported 16,076 suspicious transactions, which represented a 49% increase from 2022. Moreover, the country is also set to debut its first comprehensive crypto regulation with the goal of protecting investors from the volatile nature of digital assets on July 19, according to a statement from the Financial Services Commission (FSC).
Gain a broader understanding of the crypto industry through informative reports, and engage in in-depth discussions with other like-minded authors and readers. You are welcome to join us in our growing Coinlive community:https://t.me/CoinliveSG
Add Comment
LoginLeave your comments
0 Comments
Earliest
Load more comments
More news about messari io
- IO Token Launch Sees Initial Price SpikeBullishBearish
- AscendEX is launched on IO.NET (IO)BullishBearish
- تفاصيل تفيدك عن عملة IO الرقميةBullishBearish
- SBI、「Messari Japan」等運営のDeFimansを完全子会社にBullishBearish
- Messari announces Messari Lite lightweight serviceBullishBearish
- Messari-promoted independent AI product “Messari AI”BullishBearish
More news about messari io
- JinseFinance
Messari: Memcoins are killing retail investors
Memecoins are a zero-sum game where value is not only redistributed but destroyed.
JinseFinanceMessari Meme Coin Research Report: Is the memecoin season and bull market over?
Historically, memecoin seasons have marked the end of bull cycles. What kind of market are we in now?
JinseFinanceUnderstanding Binance Launch 55 Project IO.NET (IO)
On June 6, 2024, Binance issued an announcement stating that Binance’s new coin mining has now launched the 55th project IO.NET (IO), a decentralized artificial intelligence computing and cloud platform.
JinseFinanceIO.net to Launch IO Token Following Bitcoin Halving
IO.net announces IO token launch post-Bitcoin halving, aiming to enhance network capabilities, decentralize power, and foster community engagement.
WeiliangMessari 2023 DePIN Report Interpretation
Messari Crypto and Escape Velocity released the "State of DePIN 2023" research report, which provides a detailed and comprehensive explanation of the current status of the DePIN track, applications, supply and demand, technological changes, and development differences between regions.
JinseFinanceInterpretation of Messari 2023 DePIN Market Report
The current status, application, supply and demand situation, technological changes and development differences between regions of the DePIn track.
JinseFinanceWhat are the origins of WeaveBD and KwilBD named by Messari?
The DePIN track has attracted much attention recently, and the DePIN concept token has also shown good growth performance. Messari continues to grow, and capital is entering the market. Will DePIN be the main narrative driving this bull market?
JinseFinanceCrypto Layoffs Keep Piling up: Messari Dismisses 15% of its Headcount
The “market headwinds” in the cryptocurrency sector prompted Messari to lay off 15% of its team.
cryptopotatoA First For Crypto, U.S. Treasury Sanctions Mixer Blender IO
Bitcoinist