More Seoul districts will seize and liquidate crypto from citizens who fail to pay their local taxes, as South Korea’s regions step up a nationwide crackdown.
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Category: Cryptocurrencies
Coinbase Calls on US Regulators to Enable Banks to Provide Crypto Services
Coinbase on Tuesday urged US banking regulators to clarify or update their policies on banks offering crypto services and partnering with digital asset companies.
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Ohio Lawmaker Proposes Second Bill to Establish State Bitcoin Reserve
An Ohio state senator has introduced a second bill aimed at creating a Bitcoin reserve fund, positioning the state as a leader in cryptocurrency adoption.
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US SEC Scales Back 50-Member Crypto Enforcement Team: Report
The US SEC’s crypto enforcement unit is reportedly reassigning its members to other agency departments.
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Semler Scientific Buys $88M in Bitcoin, Reports 150% Paper Gain
Healthcare technology firm Semler Scientific has expanded its Bitcoin holdings, acquiring 871 BTC for $88.5 million over the past few weeks.
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FTX to Begin Creditor Reimbursements on February 18, 2025
A representative of FTX creditors, Sunil, has confirmed that repayments for claims under $50,000 will begin at 10:00 a.m. Eastern Time on February 18, 2025.
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Russia’s Energy Ministry Wants to Create ‘National Registry of Crypto Mining Hardware’
Russia’s Energy Ministry has unveiled plans to create a national registry of crypto mining rigs and other related hardware.
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US D.O.J. Charges Canadian National In Multi-Million Crypto Fraud Scheme
Andean Medjedovic allegedly manipulated KyberSwap’s liquidity pools and Indexed Finance index pools, stealing $65M. U.S. authorities have indicted him on multiple fraud and laundering charges, with a potential 90-year sentence if convicted.
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WazirX Warns Repayments From $234M Hack Could Be Delayed Until 2030
WazirX warns creditors that repayments from the $234M hack could be delayed until 2030. The exchange presented two outcomes—one involving restructuring with faster recovery, and the other, liquidation, leading to prolonged delays. The decision hinges on upcoming creditor votes and legal proceedings.
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Argentina Police Arrest Five in Raid on Crypto-paying ‘Illegal Iris Scanning Gang’
Police in Argentina have arrested five people they say were scanning people’s irises in a parking lot in exchange for “crypto and cash.”
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