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South Korea’s financial regulator says it is taking steps to combat money laundering and other financial crimes involving virtual assets. Virtual Assets and Financial Crime The head of South Korea‘s financial services industry regulator recently vowed to crack down on those who use virtual assets for money laundering. Speaking at Anti-Money Laundering Day, Kim Byung-hwan, … Read more
South Korean President Yoon Suk Yeol has reversed his declaration of martial law after six hours of heightened tension at South Korea’s National Assembly. Go to Source
On Tuesday, the U.S. government once again shifted some cryptocurrency holdings—this time, it was shiba inu (SHIB), the popular meme coin. Crypto Mystery: U.S. Marshals Service Wallet Hoards SHIB, ETH, and BUSD The government moved a staggering 54 billion SHIB on Dec. 3, a transfer flagged by Arkham Intelligence. Valued at $1.56 million based on … Read more
Former Celsius CEO Alex Mashinsky pleaded guilty to commodities fraud and a fraudulent scheme to manipulate the price of Celsius’s native token, facing up to 20 years in prison. Arrested in 2023, Mashinsky was accused of defrauding customers by misrepresenting Celsius’s financial health to secure crypto deposits and sustain the platform’s services. Celsius, a crypto … Read more
Grayscale joins 21Shares, Canary Capital, VanEck and Bitwise as the other ETF issuers looking to win the SEC’s approval. Go to Source
Virgin Voyages has unveiled its Annual Pass, a bold first in the cruising world that allows cryptocurrency payments, including bitcoin (BTC). This offering brings a fresh twist to travel payments and aligns with the company’s forward-thinking ethos. All Aboard! Virgin Voyages Accepts Bitcoin for Luxe $120K Annual Cruise Pass The Annual Pass opens the door … Read more
Foundry let go of 16% of US staff as part of a broader restructuring that includes spinning out its self-mining business. Go to Source
US authorities charged the former Celsius CEO with seven felony counts related to fraud and misleading users after reaching a “non-prosecution agreement” with the company in 2023. Go to Source
The Bitcoin miner will save energy and money by using excess wind power and recycled ASICs at its newly purchased facility in Texas. Go to Source
The XRP Ledger has become a hotbed for meme coin activity with thousands of tokens emerging, driven by XRP’s recent price surge. Meme Coins Are Flying on XRP The XRP ecosystem is currently witnessing a surge in meme coin activity, catalyzed by a significant rally in XRP’s price. XRP recently rose to become the third-largest … Read more
