South Korea Considers 20% Crypto Income Tax
Officials from the Ministry of Economy and Finance's income tax office have reportedly been reviewing the proposal.
The firm is alleged to have conducted a fraudulent and unregistered sale of digital assets called OPP Tokens, raising around $600,000.
The Chamber of Digital Commerce, a blockchain advocacy group, wants a U.S. court to distinguish between an investment contract and the underlying asset used by Telegram during a 2018 initial coin offering.
Ledger is partnering with dapp provider FLETA, offering legally compliant custody solutions as part of its push to expand in Asia.
Switzerland's now-departed president said the project had "failed" in its current form.
The Reserve Bank of India has said in a court filing that it had "ringfenced" financial institutions from dealing with digital assets over perceived risks, but hadn't banned cryptos.