Brazil proposes to ban stablecoin withdrawals to self-custodial wallets
Brazil, the second-largest market for stablecoin transactions, could be set to ban stablecoin withdrawals to self-custodial wallets like MetaMask. Go to Source
KYC
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South Korea probes Upbit for 600K KYC violations
Due to the alleged KYC violations, Upbit reportedly faces fines of $71,500 per case in addition to possible issues with Upbit’s business license renewal. Go to Source
AI deepfake tool on ‘new level’ at bypassing crypto exchange KYC: Report
The new AI-powered tool, customized specifically to target crypto exchanges and financial platforms represents “a new level of sophistication” in fraud, says cybersecurity firm Cato. Go to Source
Academic paper suggests governments should attack public blockchains
Crypto exchange Kraken has announced the delisting of Monero in the European Economic Area to maintain compliance with EU regulations. Go to Source
Binance Secures 20th Global Milestone With Argentina Crypto Registration
Crypto exchange Binance has achieved a significant milestone by joining Argentina’s Virtual Asset Service Providers Registry, marking its 20th global regulatory achievement. This allows Binance to expand its full range of services to Argentina-based users, further embedding itself in the country’s cryptocurrency market. Binance Joins Argentina’s Crypto Registry, Strengthens Global Compliance Crypto exchange Binance announced … Read more
US trading app Robinhood launches ‘crypto transfers’ in Europe
Robinhood users in Europe can now deposit and withdraw crypto using external wallets and exchanges like Binance. Go to Source
Crypto founders increasingly look to ‘geofencing’ amid US uncertainty
Variant Fund chief legal officer Jake Chervinsky says geofencing is an extreme measure to ensure compliance with US law. Go to Source
Trump Opens KYC Whitelist for New World Liberty Financial Crypto Project
On Monday, former President Donald Trump announced that the whitelist for World Liberty Financial (WLF) is now open to eligible individuals. Addressing his 91 million followers on X, he called it their “chance to be part of this historic moment.” Trump’s Latest Crypto Venture World Liberty Financial Whitelist Goes Live The know-your-customer (KYC) process for … Read more
Binance Founder CZ Released From US Custody After Serving 4-Month Sentence
Binance founder and former CEO Changpeng Zhao (CZ) has been released from U.S. custody after serving a four-month sentence for his role in compliance failures at Binance. His sentence followed a plea deal that included a $50 million fine and stepping down as Binance’s CEO. Despite his prison sentence, Zhao remains incredibly wealthy, with plans … Read more
Biggest fears about Bitcoin’s future: Industry weighs in
Reddit’s Bitcoin community remains optimistic about BTC, but members are still eager to discuss the most valid concerns regarding Bitcoin’s future. Go to Source
