Han Chang-joon was charged with carrying falsified travel documents alongside Terra co-founder Do Kwon last year.
Other stablecoins such as USD Coin may benefit from the coming regulatory crackdown and gain market share, the report said.
The Ethereum version of dogwifhat pumped, then dumped, within hours on Saturday, but blockchain data shows a few wallets picked up a large chunk of the supply after it was issued.
In December it was reported that Financial Supervisory Service head Lee Bok-hyun was planning on meeting with the U.S. SEC Chairman Gary Gensler for the first time to discuss crypto regulation.
Nearly $1.4 billion of Genesis’ assets were held in Grayscale Bitcoin Trust (GBTC), which has since converted to a spot exchange-traded fund (ETF).
The Securities and Futures Commission requires crypto trading platforms to submit a license application by Feb. 29 or shut down by May 31.
The Republican frontrunner also said that AI-powered deepfakes were a “tremendous problem.”
Market enthusiasts expect the year of the dragon to bring good fortune for the crypto market, but more traditional analysts advice caution.
South Korea proposed amendments that would mandate new executives at crypto firms to obtain regulatory approval before assuming duties.
El Salvador’s pro-bitcoin president Nayib Bukele declared his win in the 2024 presidential election held on Sunday.
