Latest from Camomile Shumba
Upbit Partner Firm Faces 3 Month Partial Suspension From South Korea
The notice is due to the company's "violation of the obligation to prohibit transactions with unreported virtual asset operators," it said.

Dubai Approves Circle's Stablecoins USDC and EURC for Use in DIFC
The Dubai Financial Services Authority (DFSA) approved USDC and EURC as recognized crypto tokens within the Dubai International Financial Centre.

US SEC Closes Investigation Into Robinhood's Crypto Business
On Feb 21. the SEC’s Enforcement Division said it had concluded its investigation, Robinhood said in a statement.

Germany's Centre Right Alliance Secures Most Seats in EU Nation's Election
Friedrich Merz's CDU/CSU secured 28.52% of the vote while the far-right Alternative for Germany (AfD) secured 20.8% of the vote.

European Central Bank to Work on Settlement System for Distributed-Ledger Transactions
The two-stage process will start with a link to the existing Target system.

Nigeria Sues Binance for $81.5 Billion in Economic Losses, Back Taxes: Report
The Federal Inland Revenue Service is looking for $79.5 billion for economic losses and $2 billion plus interest in back taxes.

EToro Secures MiCA License From Cyprus to Offer Crypto Services Across EEA
The approval allows the trading platform to expand its digital asset offerings across all 30 European Economic Area countries.

Robinhood to Introduce Crypto Products in Singapore This Year: Bloomberg
The trading platform plans to debut the products after completing its purchase of Bitstamp.

India's Directorate of Enforcement Seizes $190M in BitConnect Fraud Case
BitConnect's founder, Satish Kumbhani, is wanted in both India and the U.S.

Crypto Exchange Bybit Is No Longer Operating Illegally in France
After more than two years of working with the French regulator, Bybit has come off France AMF's blacklist, the CEO of the exchange said.
