Crypto
UK Says Crypto Sector Likely Under Reporting Sanction Breaches
U.K.-based crypto asset firms also face a high risk of being targeted by North Korean hackers, many of which operate on behalf of sanctioned entities, the report said.
Trump Signs GENIUS Act Into Law, Elevating First Major Crypto Effort to Become Policy
President Donald Trump made it official during a White House ceremony, affixing a signature to the stablecoin regulation bill before a crowd of crypto insiders.
Crypto Market Maker B2C2 Said to Be Raising up to $200M: Source
The transaction will allow majority holder SBI to reduce its stake in the crypto trading firm, the source said.
China Merchants Bank’s Brokerage Arm Secures Hong Kong Virtual Assets License: Report
CMBI is the first Mainland China broker to get a virtual assets license from Hong Kong’s Securities and Futures Commission.
Hong Kong Sets Out Plan to Regulate Crypto, Encourage Tokenization
In its second policy statement on the subject, the government said it intends to take further steps to regulate digital asset service providers, exchanges and stablecoins.
UK to Propose Restrictions on How Banks Can Deal With Crypto Next Year
The U.K.'s incoming rules will be on the more restrictive end, said David Bailey, the executive director of prudential policy at the Bank of England.
Russia Says Financial Institutions Can Offer Crypto-Linked Instruments to Qualified Investors
The Bank of Russia said "financial institutions may offer qualified investors financial derivatives, securities, and digital financial assets whose yields are linked to cryptocurrency prices."
Vietnamese Woman Arrested in Thailand Over Alleged $300M Crypto Scam
Ngo Thi Theu was allegedly a key figure in a network that involved 35 officials and over 1,000 employees working across 44 call centres in Vietnam.
Binance's Former Russia Head, Blum Co-Founder Arrested in Connection to Fraud Case
Smerkis worked for Binance from 2022 for just under two years.
Crypto Exchange CEO's Daughter, Grandson Targeted in Paris Kidnap Attempt
French Interior Minister Bruno Retailleau said he will meet with French crypto entrepreneurs to discuss how to protect them.
