South Korea’s Financial Intelligence Unit (FIU) has imposed a three-month pause on new customer deposits and withdrawals for the country’s largest cryptocurrency exchange, Upbit. The decision stems from […]
South Korea’s Upbit Suspended for 3 Months: Regulatory Action Highlights Crypto Landscape Shifts
Crypto users in South Korea are facing a significant development as the Financial Intelligence Unit (FIU) of the country’s Financial Services Commission (FSC) has imposed a three-month suspension […]
Lee Jae-myung to Join STO Policy Forum, Driving Regulatory Clarity in South Korea’s Finance Sector
South Korea’s Democratic Party leader, Lee Jae-myung, will be attending a policy forum on Security Token Offerings (STO) hosted by the party on August 28th. This forum seeks […]
Recap: Top Crypto & DeFi Stories from February 17th to 21st
This week’s crypto and DeFi headlines saw a whirlwind of legal action, regulatory developments, and market trends. From the controversial endorsement of LIBRA by Argentine President Javier Milei […]
OKX Pays $500M+ Settlement for Unlicensed Operations in the US
Cryptocurrency exchange OKX has agreed to pay over $500 million in penalties after pleading guilty to operating an unlicensed money-transmitting business within the United States. The U.S. Department […]
SEC Approves First Yield-Bearing Stablecoin: What This Means for the Future of Crypto
The U.S. Securities and Exchange Commission (SEC) has granted YLDS, the first interest-bearing stablecoin registered as a security, approval. Developed by Figure Markets, YLDS offers users a stablecoin […]
Citadel Securities Targets Crypto Market with Aim to Become Liquidity Provider
Market-making giant Citadel Securities is entering the cryptocurrency market by aiming to become a liquidity provider for platforms like Binance, Coinbase, and Crypto.com. The firm’s move comes as […]
SEC Drops DeFi Appeal: A Major Win for Crypto Industry
The U.S. Securities and Exchange Commission (SEC) has officially dropped its appeal to expand securities laws to decentralized finance (DeFi). This decision marks a significant victory for the […]