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Cambodian lawmakers propose severe prison time for crypto scammers

Cambodian lawmakers have introduced a proposal that could impose severe prison sentences for individuals convicted of cryptocurrency scams. The legislation aims to combat the rising number of fraud cases linked to digital currencies in the country. If passed, offenders could face up to 10 years in prison, reflecting the government's commitment to protecting investors and maintaining financial stability. This move comes amid increasing scrutiny of the crypto industry and its potential for exploitation. The proposal is part of broader efforts to regulate the rapidly evolving digital asset landscape in Cambodia.

Read the full article: Coin Telegraph

Quantum attacks could worsen without proof of ownership: Near One

Near One warns that the threat of quantum attacks on blockchain technology could escalate if proof of ownership mechanisms are not established. The company emphasizes that without these mechanisms, the security of digital assets may be compromised as quantum computing advances. They highlight the need for the crypto industry to

Bithumb enters Vietnam crypto license race with SSI Digital deal

Bithumb, a major South Korean cryptocurrency exchange, has partnered with SSI Digital to pursue a crypto license in Vietnam. This collaboration aims to establish a legal framework for cryptocurrency operations in the country, which is increasingly looking to regulate the digital asset market. The move comes as Vietnam's

Luffa unveils major brand upgrade: Repositioned as AI × Web3 Super Connector

Luffa has announced a significant rebranding, positioning itself as a super connector between AI and Web3 technologies. The upgrade aims to enhance its offerings and facilitate better integration of artificial intelligence within the decentralized web ecosystem. This strategic shift is expected to attract new partnerships and expand Luffa's

Bitcoin lenders say institutions want crypto credit to look more like TradFi

Institutional lenders in the Bitcoin space are expressing a desire for crypto credit products to resemble traditional finance (TradFi) offerings. They believe that aligning crypto lending practices with established financial standards will attract more institutional investors. Key areas of focus include enhanced regulatory compliance, risk management frameworks, and clearer credit

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Quantum attacks could worsen without proof of ownership: Near One

Bithumb enters Vietnam crypto license race with SSI Digital deal

Luffa unveils major brand upgrade: Repositioned as AI × Web3 Super Connector

Bitcoin lenders say institutions want crypto credit to look more like TradFi