South Korea Ramps Up Virtual Asset and Stablecoins Legislation: FSC Chairman

South Korea is accelerating crypto regulations, focusing on stablecoins and investor protection to match global trends, says FSC Chairman Kim Byoung-hwan. The government plans to allow corporate real-name accounts for crypto investments, addressing current restrictions and boosting institutional adoption. Upbit faces possible sanctions for KYC violations, with authorities stressing the need for a swift resolution…

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Trump’s Crypto Moves Spark $1.9 Billion Surge in Digital Asset Investments

Trump’s executive orders drive investor confidence through the roof, bringing about $1.9 billion inflows. US-based funds dominate, with $1.7 billion in net capital inflows last week. Crypto funds being run by top asset managers closed last week after seeing unprecedented amounts of investments. According to CoinShares, BlackRock, Grayscale, Fidelity, Bitwise, ProShares, and 21Shares recorded net…

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WazirX Freezes $3M in USDT in Cyber Attack Aftermath

WazirX said it had frozen $3 million in USDT in the fight against cybercrime. The trading platform coordinated with different enforcement agencies to achieve the feat. The exchange’s rivals like CoinSwitch are helping the firm’s users impacted by the 2024 hack. WazirX Poses a Unified Front Against Hackers The Cyberattack: A Blow to Crypto Security

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Ripple CTO Breaks Silence on What Crypto Rug Pull Means

Ripple CTO has shed new light on what makes up crypto rug pulls. His redefined take seeks to help re-establish trust and accountability in the market. The community agrees with this new standard definition which extends beyond financial scams. David Schwartz, ’ Chief Technology Officer, recently sparked a conversation about the true meaning of rug…

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