Japanese Exchange DMM Bitcoin to Cease Operations
In the aftermath of a security breach in May resulting in losses exceeding $300 million, Japanese cryptocurrency exchange DMM Bitcoin has announced that it will cease operations.
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SEC Takes Legal Action Against Touzi Capital
The US Securities and Exchange Commission (SEC) has filed a legal complaint against investment firm Touzi Capital, accusing them of deceiving investors about the liquidity and profitability of their cryptocurrency mining fund.
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South Korea Delays Crypto Tax Bill
According to local news outlets, Park Chan-dae, the floor leader of the Democratic Party, announced during a press conference that the party has reached an agreement with the government to delay the implementation of a tax on cryptocurrency traders for an additional two years. The original bill, scheduled for 2025, will now be pushed back […]
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