The president of Argentina, Milei, could face the indictment on the promotion of the cryptocurrency scam

The president of Argentina, Javier Milei, is examined after a cryptocurrency that he approved on social networks, resulting in significant losses for investors. Friday evening, Milei shared a tweet promoting a little -known part, $ balances, saying that it would help stimulate the economy and support small businesses in Argentina. The value of the part…

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Crypto Exchange Upbit faces suspension due to KYC violations

South Korea’s largest crypto exchange Upbit has reportedly received a suspension notice from the Financial Services Commission (FSC) for allegedly violating anti-money laundering (AML) and know-your-customer requirements (KYC). Upbit faces suspension of up to 6 months Thursday, the economic newspaper Maeil reported that South Korea’s Financial Intelligence Unit (FIU) has notified crypto exchange Upbit of…

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