Cambodian lawmakers propose severe prison time for crypto scammers

The draft bill, yet to be signed into law by the king, marked a significant policy change for Cambodia officials in addressing scam centers.

The draft bill, yet to be signed into law by the king, marked a significant policy change for Cambodia officials in addressing scam centers.

Stephanie Cutter will join the prediction markets company as a policy adviser, having previously worked in Democratic lawmakersβ campaigns.

An executive said the social media platform could lock accounts mentioning crypto for the first time and require verification after a scammer faked reports of a tortoise's death.

Chief legal officer Paul Grewal announced the approval on Thursday, thanking OCC head Jonathan Gould, who took office less than a year ago.

According to the company CFO, Bithumb was βstrengthen[ing] accounting policies and internal controlsβ ahead of its IPO plans, already delayed from 2025.

A debate over stablecoin yield, likely to impact Tether, is underway in the US government as lawmakers consider a market structure bill.