The South Korean crypto exchange Upbit had temporarily disabled SUI deposits and withdrawals amid the network outage.
“Chill guy has been copyrighted. like, legally. I’ll be issuing takedowns on for-profit related things over the next few days,” Banks said on X. “not like brand accounts using him as a trend, that’s kinda something i dont really care about (i do just ask for credit. or xboxes.). mainly unauthorized merchandise and shitcoins.”
“A lot of institutions in Singapore and Asia haven’t really done much [in crypto]. There have been some traditional institutions that have been working with digital assets, but in a very limited fashion,” Lee said, adding that most of the activity in Singapore is coming from “non-traditional institutions” such as investment funds, venture funds, hedge funds, family offices and high net worth individuals.
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The Financial Intelligence Unit of Nepal has identified growing crypto-related fraud despite a trading ban and proposed transaction monitoring, awareness campaigns and stricter regulations.
XRP has broken out of a seven-year consolidation pattern, signaling a potential 50% price surge in the months ahead.
Paju city officials in South Korea targeted citizens with unpaid taxes, threatening to seize and sell their crypto assets if debts are not cleared by the end of November.
South Korea’s FIU investigating Upbit for failing to verify 500,000–600,000 accounts properly. Upbit could face billions in fines for KYC violations under South Korea’s laws. The exchange’s license renewal is delayed as the FIU scrutinizes possible illegal activity. South Korea’s Financial Intelligence Unit (FIU) is probing cryptocurrency exchange Upbit for what may become one of the largest Know Your Customer (KYC) scandals in the history of the industry. The investigation centres on up to 600,000 accounts that allegedly failed to
Not endorsed by Donald Trump, Senator John Thune defeated Elon Musk-supported Senator Rick Scott to become the new Senate majority leader.
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