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North Korea’s sprawling crypto laundering network has been hammered as U.S. authorities seized $7.74 million tied to fake IT jobs, blockchain trickery, and weapons funding. DOJ Targets North Korea’s Crypto Laundering Network With Asset Seizure The U.S. Department of Justice (DOJ) announced on June 5 that it has filed a civil forfeiture complaint seeking to […]

Crypto regulation is poised for a breakthrough as a top SEC official champions streamlined oversight, expanded custody options, and investor-friendly policies empowering digital asset adoption. SEC Commissioner Aims to Cut Regulatory Red Tape in Crypto Oversight U.S. Securities and Exchange Commission (SEC) Commissioner Hester Peirce advocated for a more accommodating regulatory approach to digital assets […]

Strategy Chairman Michael Saylor has inspired dozens of copycats with his bitcoin treasury approach. But Standard Chartered warns of dire consequences to imitators if the cryptocurrency’s price collapses. Standard Chartered Flags Risks for Bitcoin Corporate Treasuries What could possibly go wrong when more than a hundred public companies start hoarding bitcoin (BTC) on their balance […]

Amid a public debate regarding an executive order that increases the current tax on financial transactions, Brazil is considering taxing crypto transactions to mitigate the impact of the increase, which would affect a larger audience. Brazil Mulls Cryptocurrency Transaction Tax Cryptocurrency transactions are now in the spotlight in Brazil, becoming a key element in the […]

Tether has made a strategic investment in a pan-African blockchain financial solutions provider to enhance cross-border payments and global liquidity for African businesses. Stablecoins: The Heartbeat of Financial Transformation Stablecoin issuer Tether announced June 5 that it had made a strategic investment in Shiga, a pan-African blockchain-based financial solutions provider. This collaboration is expected to […]

Vanadi Coffee, a Spanish coffee franchise, will discuss the possibility of allocating up to 1 billion euros (nearly $1.1 billion) to establish a bitcoin treasury. The proposal, still to be approved, would position the company among the largest holders of bitcoin in Europe. Vanadi Coffee Seeks Redemption With 1B Euros Bitcoin Pivot The trend of […]

On Thursday, bitcoin dipped to $100,426, shedding nearly 4% of its value in a single day. Bitcoin (BTC) spent the day under pressure, sliding from just above $104,000 to about $100,500 per coin. While it hasn’t slipped beneath the six-figure line, the cryptocurrency has now held above $100K for 29 consecutive days—a record-setting stretch for […]