Crypto Criminals to Face life imprisonment in South Korea
A new version of the Virtual Asset Users Protection Act, issued by the South Korean government states that criminals that earn over 5 billion won ($3.8 million) in illegal crypto profits will face life imprisonment sentences. The top financial regulator in South Korea, the Financial Services Commission (FSC), implemented a novel legislation on February 7 […]
EU Commission Plans to Criminalize AI-powered Child Sexual Abuse
The European Union Commission has announced its contemplation of criminalizing deepfakes and imagery generated by artificial intelligence (AI) that depict child sexual abuse (CSA) as part of its efforts to update legislation in light of technological growth. The proposition entails the creation of a novel criminal offense about the live-streaming of child sexual abuse. Additionally, […]