ASIA|EXCHANGE|FIAT Updates
Blum Rocked by Co-Founder’s Arrest in Russia
The fraud charges are related to other ventures like The Token Fund and Tokenbox. While Blum clarified that Smerkis is no longer involved in the project, his arrest caused a lot of community concerns ...
Hong Kong Police Bust $15M Crypto Money Laundering Ring, Arrest 12
Twelve people have been arrested in Hong Kong and mainland China for their alleged roles in a cross-border money laundering operation that moved HK$118 million ($15 million) through cryptocurrency and...
Hong Kong police bust $15M crypto laundering syndicate
Hong Kong police brought down a cross-border syndicate for laundering $15 million, roughly HK$118 million, through more than 550 stooge accounts and crypto transactions. They arrested 12 people, nine ...
South Korean Woman Gets 2-Year Prison Sentence for Stealing $500,000 Worth of Crypto from Boyfriend
A South Korean woman in her 40s has been sentenced to two years in prison for stealing $500,000 worth of crypto while her boyfriend was sleeping. The woman didn’t reveal her name during the trial. She...
Canada lags with stablecoin approach, but there’s room to catch up
The slow adoption of stablecoins in Canada has some local crypto industry observers concerned that the country is falling behind. The Canadian Securities Administrators (CSA) classified stablecoins as...
Europol busts €21m crypto laundering ring tied to China and Middle East crime groups
Authorities in Europe have dismantled a massive cryptocurrency-based money laundering network that moved over €21 million for criminal groups across China and the Middle East. According to a May 14 st...
John Deaton Warns: Crypto Reforms Delayed Until 2029 Without GENIUS Act!
The post John Deaton Warns: Crypto Reforms Delayed Until 2029 Without GENIUS Act! appeared first on Coinpedia Fintech News Pro-crypto lawyer John E Deaton has shared a warning that’s causing concern i...
South Korea Pushes for New Crypto Regulations Ahead of Election
The post South Korea Pushes for New Crypto Regulations Ahead of Election appeared first on Coinpedia Fintech News Crypto isn’t just a finance story in South Korea anymore, it’s turning into a major po...
Bank of Japan decides to raise interest rates, even amid Trump uncertainty
The Bank of Japan is going forward with rate hikes even though President Donald Trump’s trade war plans are still up in the air. On Tuesday in Tokyo, Deputy Governor Shinichi Uchida told lawmakers tha...
Bank of Korea urges authority over won-based stablecoin issuance: report
South Korea’s central bank said it should have legal authority over the approval of won-based stablecoins, warning they could disrupt monetary policy if treated like legal tender. The Bank of Korea, S...
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