Posing as payments for cosmetic surgery and tuition, an alleged international laundering network processed roughly $102 million through cryptocurrency and South Korean banks before being busted by customs investigators.
A substantial $1.42 billion poured into US spot Bitcoin ETFs last week, delivering the best weekly inflow figure since October.
Progress on a landmark cryptocurrency regulation bill hit a pause as the United States Senate Banking Committee delayed its discussion.
US senators have put forward new draft legislation intended to define federal oversight of the cryptocurrency sector.
In a draft market structure bill, US senators have proposed a clear prohibition on stablecoin rewards for idle holdings.
Standard Chartered is exploring the development of a cryptocurrency prime brokerage platform
A new rule limiting corporate cryptocurrency holdings to 5% of equity capital is under consideration in South Korea.
