According to Etoday, South Korea's Supreme Court has ruled that stablecoin TerraUSD and cryptocurrency Luna are not considered financial investment products or securities. The digital assets collapsed in May 2022, losing about $40 billion in value. The latest court decision could affect similar legal disputes in lower courts. In November 2022, a Seoul court rejected a prosecutor's request to seize the assets of Daniel Shin, co-founder of Terraform Labs, the company behind the tokens.
Coinbase is asking the Second Circuit Court of Appeals to rule that cryptocurrency trading on its exchange is not a security, ending the Securities Exchange Commission's 2023 lawsuit.
On January 19, according to Israeli media reports on the 19th, Israel's Minister of National Security Itamar Ben-Gweil announced that his Jewish Power Party will withdraw from the coalition government led by Prime Minister Benjamin Netanyahu. Ben-Gweil also addressed another Israeli far-right official, the leader of the Religious Zionist Party, and the Minister of Finance, Smotrih, calling on Smotrih to join him in opposing this "surrender agreement." In late 2022, with the support of the far-ri...
Lawyers for US President-elect Donald Trump have appealed the ruling in his "hush money" criminal case, asking the judge to delay the sentencing process scheduled for this week. Trump's lawyers argue that the sentencing must be delayed during the appeal. His team has asked New York Judge Juan Mercan to respond by 14:00 EST on the 6th. On January 3rd local time, New York Judge Juan Mercan ruled that Trump's conviction in the "hush money" case was upheld, rejecting Trump's attempt to overturn the ...
Judge Juan Mercan of New York ruled on January 3 local time to uphold Trump's conviction in the "hush money" case, reject Trump's request to overturn the jury's verdict, and set the sentencing date for January 10. Judge Juan Mercan said that Trump can choose to appear in person or attend the sentencing hearing virtually.
South Korea's ruling party left the plenary session at the start of a vote to impeach acting president Han Duk-soo.
In response to the "US judge's ruling that Coinbase can delist WBTC", BiTGlobal issued a statement saying that it is disappointed by the judgment, but respects the court's ruling, and thanks the court for quickly accepting the matter and giving it serious consideration. It emphasizes that this judgment is not a final ruling on the merits, but only a ruling that Coinbase's delisting does not appear to have caused irreparable damage to BiT Global, so the temporary restraining order is reasonable. ...
South Korea's ruling National Power Party said that it will oppose the "special civil unrest inspection law" and the "Kim Jian-hit special inspection law" as a unified position within the party.
On December 12 local time, Han Dong-hoon, the leader of the ruling party of South Korea, said that President Yoon Seok-yuk confirmed that he has no intention of stepping down early. Han Dong-hoon said that those involved in martial law, including the president, should be severely punished, and Yoon Seok-yuk should immediately remove the power to operate the state, including the military commander-in-chief. In addition, Han Dong-hoon said that he will vote in favor of the impeachment case, and th...
South Korea's ruling party, which is likely to take part in the next impeachment vote, will reveal on Tuesday the plan for Ms. Yoon's early exit. (Chosun Ilbo)
On the 8th local time, the South Korean Prime Minister and the leader of the ruling party will make a joint statement on the Korean political situation.
South Korea's ruling party leader Han Dong-hoon and Prime Minister Han Duk-soo jointly met with reporters on the 8th, saying that they will move forward in an orderly manner to end the presidential term early.
South Korean Prime Minister Han Duk-soo will meet with the head of the ruling National Power Party Han Dong-hoon on the 8th local time and make a joint statement on the South Korean political situation. Han Dong-hoon said that most of the people believe that the president should resign. In addition, Han Dong-hoon also said that before Yoon Seok-yuk steps down, he will not interfere in South Korea's national affairs. South Korean Prime Minister Han Duk-soo bowed to the people and apologized for t...
On December 7, a spokesperson for the National Power Party said that the impeachment case of President Yoon Seok-yeok was annulled due to the boycott of the ruling National Power Party in South Korea. "I apologize to the people who have suffered a huge impact due to the declaration of emergency martial law, and the National Power Party will formulate countermeasures to clean up the political situation and minimize the gap in national governance." It is reported that the representative of the Nat...
South Korea's ruling party leader says President Yoon Seok-hyuk has promised to leave office early.