Key Takeaways:FSS Moves Against Whale Manipulation and Suspicious TradingAI Monitoring to Track Abnormal Price SurgesDigital Asset Law Preparation Gains MomentumTougher IT Penalties and Security Accountability
Cyber is huge when crypto platforms are becoming more elaborate. The watchdog will impose fines on major IT follies and hold CEOs and chief of security officials more accountable.
Fin firms should be more controlled and identify weaknesses in systems before things can go wrong. They will deploy one monitoring system that will collect threat intelligence in both finance and monitor cyber risks associated with digital assets.
Regulators promised that they would continue with the crackdown on fraud, price fixing, or sketchy advertising in crypto.
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