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Digital asset firms hit with huge fines for insecure transactions, deposits
FRIDAY, DECEMBER 24, 2021
Three digital asset companies – Satang, Bitazza and Bitkup – have been penalised heavily for not depositing their clients’ assets with a qualified depository service provider between January and July this year.
SEC given more legal power
SATURDAY, SEPTEMBER 17, 2016
THE NEWLY amended law on securities and exchange will empower the securities watchdog with a civil penalty procedure to take legal action against wrongdoers in the capital market more efficiently.