Business

South Korea moves to freeze $61M worth of Do Kwon’s BTC as he denies links
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29 September, 2022

South Korea moves to freeze $61M worth of Do Kwon’s BTC as he denies links

Authorities in South Korea ordered KuCoin and OKX to freeze over 3,300 BTC they claim is owned by the Luna...
Philippine central bank: Stablecoins could revamp country’s payments ecosystem
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29 September, 2022

Philippine central bank: Stablecoins could revamp country’s payments ecosystem

The Bangko Sentral ng Pilipinas says it is high time to use stablecoins in transactions, noting that it will be...
China’s law enforcement busts $5M virtual currency money laundering ring
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29 September, 2022

China’s law enforcement busts $5M virtual currency money laundering ring

Ninety-three people allegedly tied to money laundering in China face jail time as authorities widened the crackdown on illegal gambling...
Moscow Exchange looking to allow digital assets trade on behalf of central bank under proposed bill
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29 September, 2022

Moscow Exchange looking to allow digital assets trade on behalf of central bank under proposed bill

Following its approval to use digital assets in cross-border payments, Russia now has its eyes set on digital assets trading...
SEC settles with Tether’s former auditor for $1.5M over unprofessional accounting
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29 September, 2022

SEC settles with Tether’s former auditor for $1.5M over unprofessional accounting

Friedman LLP practiced improper professional conduct in 2017-18, the same time frame the firm audited Tether, although the U.S. securities...
Disney seeks Web 3 legal counsel as it advances into decentralized ledger technologies
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29 September, 2022

Disney seeks Web 3 legal counsel as it advances into decentralized ledger technologies

Disney rivals with tech giants as it enters the Web 3 space and plots an ambitious journey to new frontiers...