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Cryptocurrency expert pleads guilty to helping North Korean government use blockchain to evade sanctions

Cryptocurrency expert Virgil Griffiths has pleaded guilty to helping North Korean officials evade sanctions using blockchain and cryptocurrency in 2019. Griffiths is now facing up to 20 years in prison and will be sentenced on January 18, 2022. Griffiths was arrested in November 2019 after he flew to North Korea in April 2019 and gave […]

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South Korean crypto exchanges face Sept. 24 deadline to submit licence request

The deadline for South Korean crypto exchanges to meet new compliance requirements is looming fast, with all operators expected to submit requests for an official license with the Financial Services Commission (FSC) no later than Sept. 24. Industry actors and representatives for smaller exchanges have contested the new requirements¬†for much of the past year.¬† The […]

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