South Korea
US crypto market structure impasse; Do Kwon gets 15 years
Do Kwon gets 15 years for Terraform Labs’ collapse after pleading guilty to fraud charges, capping a multinational pursuit after...
INTERPOL highlights globalization of digital asset scam centers
INTERPOL addresses the rise of transnational cryptocurrency scams, emphasizing the need for global cooperation to combat these growing criminal networks.
KakaoBank prepares for Korean won stablecoin amid Upbit acquisition
KakaoBank plans to launch a won-backed stablecoin to enhance its services, while Naver Financial moves to acquire Upbit in a...
China turns against stablecoins; Sony preps PlayStation stable
China's central bank targets stablecoins amid regulatory challenges, while South Korea pushes for stablecoin legislation to advance digital finance.
Brazil to tax digital assets in foreign exchange transactions
Brazil’s central bank has proposed a framework that taxes FX transactions settled in digital assets, while the taxman has adopted...
US Bank tests Stellar stablecoin; European bankers see no use cases
U.S. Bank is testing a dollar stablecoin on Stellar, while Paxos acquires Fordefi to enhance DeFi services, amid global regulatory...
