Taiwan is preparing a new law to integrate cryptocurrency into its economy, allowing banks to issue stablecoins and tightening regulation for crypto service providers. The country aims to attract global investors and become a crypto hub in Asia, with a focus on security and stability.
WeatherlySouth Korean authorities have apprehended six Chinese nationals in Jeju, South Korea for assaulting a dealer and stealing $1 billion won from him during their encounter at a luxury hotel. But the perpetrators are denying all allegations, and they are claiming to be the real victims in this ordeal. The perpetrators are accusing the dealer of trying to sell them short and attempting to scam them of their money.
XingChiCoinbase has relaunched Bitcoin-backed loans via Morpho on its Ethereum layer-2 network, Base. With a $100,000 USDC cap and a 133% collateral requirement, the offering ensures lender protection while supporting borrowers.
KikyoA Taiwanese man, only identified as Chen, became the first casualty of the newly enforced anti-money laundering regulations in Taiwan. The new anti-money laundering (AML) regulations, which came into effect on November 30, 2024, required virtual asset service providers (VASPs) to complete AML compliance registration to offer virtual asset services in Taiwan.
XingChiTether is moving its headquarters to El Salvador, attracted by the country's crypto-friendly policies and tax benefits. The relocation is a key step in enhancing El Salvador's role as a digital asset hub while supporting Tether's expansion.
WeatherlyTether is expanding into AI filmmaking, hiring experts and planning to grow its team to 200 by mid-2025. The company is also investing in AI and cloud computing to enhance scalability and technology.
AnaisCircle’s $1M USDC donation joins Ripple, Coinbase, Kraken, and Ondo Finance in boosting Trump’s inaugural fund, underscoring stablecoins’ rising role in politics. With top donors securing exclusive perks, who’s next to contribute?
KikyoCircle and Binance have revealed their strategic partnership during Abu Dhabi Finance Week to promote USDC, a stablecoin jointly owned by Circle and Coinbase.
XingChiIn Thailand, armed robbers forced a Ukrainian man to transfer $250,000 in USDT under threat. They restrained him and warned against reporting the crime before fleeing. Thai police soon arrested four suspects, including a regular USDT buyer from the victim.
KikyoFour foreign nationals were arrested in Thailand for a robbery on 8 November, where they forced a Ukrainian tourist, Viacheslav Leibov, to transfer 250,000 USD in cryptocurrency. The suspects, who had prior connections to the victim, were charged with armed robbery, unlawful detention, and coercion.
WeatherlyIndia’s Financial Intelligence Unit has taken steps to block the URLs of nine cryptocurrency exchanges. The move comes as the FIU claims these exchanges are "operating illegally" and not complying with the Prevention of Money Laundering Act.
JoyIn a recent blog post on 30 November, stablecoin issuer Circle, associated with USD Coin, denied accusations of illicit financing and ties to Justin Sun by the Campaign for Accountability.
BrianUSDT is also present on Ethereum, Solana, Algorand, EOS, Liquid Network, Omni, Tron, and Kava
Beincrypto
Coinlive Exchanges like Binance, BitMEX, and OKX are limiting deposits and withdrawals for Solana’s top stablecoins, without explanation.
Crypto PotatoThe Coinbase Wrapped Staked ETH (cbETH) smart contract has a blacklist function.
BeincryptoAug 3rd, 2022, Singapore XT.com, the world’s first social infused digital assets trading platform, is thrilled to announce its upcoming ...
BitcoinistOne of the more unsettling events in the stablecoin sector occurred in May when Terra's UST lost its 1:1 dollar ...
BitcoinistJuly 15th, 2022, Singapore: The PROJECT202 (P202) token will soon be listed on XT.com as the P202 and Tether (USDT) ...
BitcoinistLatest data from Glassnode suggests USDC may be becoming the crypto market's preferred stablecoin over USDT. USDC's Supply Surged Up ...
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