Cryptocurrency

US banks processed $312 billion in suspicious transactions linked to Chinese money laundering networks between 2020 and 2024. Despite regulatory focus on crypto, most illicit funds still move through traditional banks, not digital platforms.

Metaplanet, a Japanese firm known for its aggressive Bitcoin accumulation strategy, has announced plans to raise approximately $880 million through an overseas share issuance.

A former cryptocurrency trader was kidnapped near Paris on 26 August and released the next day with injuries, despite a €10,000 ransom demand. The attack is part of a rising trend of crimes targeting people linked to digital assets in France.

China’s growing influence over global crypto liquidity — particularly through Hong Kong — is giving Beijing a subtle but powerful lever of control over Trump.

Japan plans to tax crypto profits at a flat 20% instead of rates as high as 55%. The regulator also aims to allow crypto ETFs and approve the country’s first yen-backed stablecoin.

A Pennsylvania lawmaker has put forward a bill to stop politicians and their families from owning or trading crypto while in office. The plan follows claims that Donald Trump has used his role to profit from tokens like his own memecoin.

Global online search interest in altcoins has experienced a notable decline this week, reflecting broader weakening in cryptocurrency markets as Bitcoin and altcoins retraced over the past six days.

Windtree is being delisted from Nasdaq after its share price crashed below the required $1 level. The company’s shift from biotech to holding BNB tokens failed to win investor trust, wiping out nearly all its value.

Fed official Michelle Bowman has called for staff to be allowed to hold small amounts of crypto, saying direct use would improve oversight. She argued the ban harms recruitment and urged regulators to take a more open approach to new technologies like blockchain.

Thailand has launched TouristDigiPay, a new scheme letting foreign visitors pay in crypto, which is automatically converted to Thai baht. The 18-month pilot includes ID checks, spending limits, and aims to make payments easier while boosting tourism and investment.