ASIA|BUSINESS|EXCHANGE|FIAT Updates
$15m crypto laundering operation busted in Hong Kong
Hong Kong authorities have successfully busted a cross-border crypto laundering network that allegedly processed approximately HK$118 million (US$15 million) in illicit funds. The enforcement action r...
Hong Kong Police Nabs 12 Suspects Operating Crypto Laundering Ring
Hong Kong police have now arrested 12 suspects in connection with a cross-border crypto and money laundering group. According to the investigation, this notorious group moved over HK$118 million, wort...
UK overtakes China as second-biggest holder of US Treasurys with $780 billion
The UK now holds $779.3 billion in US Treasurys, pushing past China’s $759.0 billion and taking second place among foreign holders of American government debt, according to the March update from the U...
Asia FX Rises: Weak Dollar Fuels Gains Amidst Disappointing Japan GDP
BitcoinWorld Asia FX Rises: Weak Dollar Fuels Gains Amidst Disappointing Japan GDP In the dynamic world of global finance, currency movements often signal shifts that impact everything from internatio...
South Korean Crypto Exchange Deregulation Plans Set to Rock Banking Sector
South Korean crypto exchange deregulation proposals could affect the nation’s banking industry, dealing a blow to the likes of K Bank, reports have claimed. South Korea’s Financial Post reported that ...
Is South Korea’s Digital Asset Committee About to Redefine Crypto Regulation?
Key Takeaways: By establishing a dedicated Digital Asset Committee, the Democratic Party is making crypto regulation a defining issue in South Korea’s upcoming presidential election. The committee inc...
South Korea’s Democratic Party forms crypto policy panel before election
South Korea’s Democratic Party has established a Digital Asset Committee to double down on its cryptocurrency policy agenda and bolster industry growth ahead of the June 3 election. According to repor...
Alarming Euro Strength Threatens European Earnings by 2%, Citi Warns
In the dynamic world of finance, where global markets are interconnected, shifts in one area can ripple through others. For those navigating the cryptocurrency space, understanding broader macroeconom...
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