Category: Crypto

South Korean customs officials in the port city of Busan say they have arrested two people they claim took crypto from a Telegram-based “drug lord” in exchange for smuggling narcotics.
The post South Korean Customs Officials: ‘Smugglers’ Paid Crypto to Import Drugs appeared first on Cryptonews. …

Circle’s USDC and EURC have been approved as the first stablecoins under Dubai’s crypto regulatory framework, enabling their integration into financial services within the Dubai International Financial Centre (DIFC).
The post Circle’s USDC and EURC Gain Legal Status with DFSA Approval in Dubai appeared first on Cryptonews. …

XDC network, through its partnership with UK-based digital asset exchange Archax, introduces tokenized versions of money market funds managed by Fidelity International, BlackRock, abrdn, and State Street, aiming to facilitate secure and compliant institutional investment in blockchain-based financial assets.
The post XDC Network and Archax Launch Four Tokenized Funds appeared first on Cryptonews. …

The SEC’s recent decision to end its investigation into Robinhood Crypto, coupled with the dismissal of its lawsuit against Coinbase, signals a significant shift in regulatory attitudes toward digital assets under the current administration. This development not only alleviates legal uncertainties for major crypto platforms but also paves the way for clearer guidelines and a more favorable environment for cryptocurrency innovation in the United States.
The post Robinhood Says SEC Has Dismissed Crypto Investigation appeared first on Cryptonews. …

The EU has introduced its 16th sanctions package against Russia, expanding financial restrictions, trade bans, and crypto-related controls. The measures target 83 individuals and entities, Russia’s “shadow fleet,” and non-Russian banks using SPFS. Additional restrictions affect Belarus and occupied Ukrainian regions, tightening enforcement on digital assets and alternative financial networks.
The post EU Adopts New Sanctions, Including Crypto Restrictions Against Russia appeared first on Cryptonews. …

OX.FUN, backed by Su Zhu, denies insolvency claims amid a dispute with JefeDAO over a frozen $1 million USDC deposit, accusing JefeDAO of market manipulation and extortion attempts.
The post Su Zhu-Backed OX.FUN Denies Insolvency Claims Amid JefeDAO Dispute appeared first on Cryptonews. …

Layer-1 ecosystem is increasingly flooded with grossly inflated performance claims, at the expense of developers, users, and investors, argues Steven Pu, Co-Founder of the L1 blockchain Taraxa.
The post Blockchain Throughput Is Overestimated by 75% – Taraxa Report appeared first on Cryptonews. …

KIP Protocol denies involvement in the LIBRA token launch, clarifying it was only invited to assist with a separate SME financing initiative in Argentina, and did not profit from the token’s creation or sale.
The post KIP Protocol Rejects Involvement in LIBRA Token Amid Fraud Allegations appeared first on Cryptonews. …

XRP has declined by 4% in the past 24 hours, yet its indicators are suggesting that it a rebound should be coming very soon.
The post XRP on the Verge of a Big Move – Is a Breakout Toward $3 Incoming? appeared first on Cryptonews. …

While Mantra (OM) continues to push new highs with its latest peak, FOMO may give way to a reversal as fears of a potential top emerge.
The post Is It Too Late to Buy MANTRA? Real World Asset Coin Hits New All-Time High  appeared first on Cryptonews. …