South Korea Police Draft Guidelines for Seized Crypto Assets: Report

South Korea’s National Police Agency (KNPA) has reportedly drafted new guidelines for handling seized cryptocurrencies, including privacy-focused assets, as authorities move to standardize how digital asset evidence is stored and managed. According to a report by local media outlet Asiae, the KNPA completed a draft directive outlining compliance requirements at each stage of crypto seizure.

Crypto.com Enables Crypto Payments for Tourists in Korea

Crypto.com has partnered with KG Inicis, one of the largest South Korean payment gateways and value-added network providers, to introduce crypto payment options for foreign visitors across the country. KG Inicis, which processes hundreds of millions of transactions annually with its service used by around 190,000 affiliated merchants, will support the rollout of Crypto.com Pay

DeFi Education Fund Drops SEC Lawsuit as Crypto Stance Softens

Texas-based apparel company Beba and crypto lobby group DeFi Education Fund have withdrawn a 2024 lawsuit against the US Securities and Exchange Commission (SEC) over its approach to airdrops, citing a recent shift in the regulator’s approach to crypto. Beba launched a free token airdrop in March 2024 and, together with the DeFi Education Fund

Ex-LA Cop Gets 5 Years for Helping Crypto ‘Godfather’

A former Los Angeles County Sheriff’s Department deputy has been sentenced to more than five years in prison for helping Adam Iza, a jailed crypto founder dubbed “The Godfather,” extort victims. A California federal court handed Michael Coberg 63 months in prison and an order to pay $127,000 in restitution for helping Iza extort one

Messari CEO Eric Turner Steps Down Amid AI Expansion

Blockchain data provider Messari has announced a series of layoffs on Monday as its CEO, Eric Turner, stepped down to make way for the company’s “next phase” as an AI-first company.  “Today, I stepped down as CEO of Messari and handed the reins to Diran,” Turner said on X on Monday, referring to Diran Li

Bitcoin ETF Inflows See 6-Day Streak

US-listed spot Bitcoin ETFs have tallied nearly $1 billion in inflows since March 9, with Bitcoin rising more than 12% to $74,250 over the same period. US-based spot Bitcoin exchange-traded funds recorded their sixth day of inflows on Monday as Bitcoin rose over 12% over the period, marking the longest streak of fresh capital into

SEC Proposes Limiting Rule 15c2-11 to Equity Securities

The US Securities and Exchange Commission is pushing to clear up years of confusion over a key broker-dealer reporting rule that prevented certain assets from being quoted by broker-dealers on the over-the-counter (OTC) market.  The SEC Rule 15c2-11 was first adopted in 1971, aimed at reducing fraud in the penny stock market. It requires broker-dealers

Trump Urges Fed Rate Cut as Inflation Threat Grows

US President Donald Trump has again pressured the Federal Reserve to cut interest rates immediately, saying at a White House meeting that they should hold a “special meeting” to reduce rates. “What’s a better time to cut interest rates than now? A third-grade student would know that,” Trump added, according to videos shared on X. 

Polymarket Users Threaten Reporter to Change Iran Strike Story

Prediction markets platform Polymarket says it has now banned and reported users who pressured an Israeli journalist with death threats to amend a news article about an Iranian missile strike that was the subject of a $17 million prediction market.  The Times of Israel military correspondent Emanuel Fabian wrote in a report on Monday that
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