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Latest from Sandali Handagama
UK Crypto Industry Welcomes New Stablecoin Rules, Awaits Guidance
A proposed bill could give U.K. regulators new powers over payments-focused crypto assets like stablecoins, but details on how the rules might be interpreted by financial watchdogs are pending.
Huobi to End Crypto Derivatives Trading in New Zealand
The Seychelles-based cryptocurrency exchange cited "local compliance policies."
CFTC Accuses Ohio Man of Running $12M Bitcoin Ponzi Scheme
The regulator filed a cease-and-desist order against Rathnakishore Giri and his companies over allegations of scamming investors interested in digital assets.
South Korea Arrests 3 in Multibillion-Dollar Crypto-Linked Probe: Report
Authorities are investigating $3.4 billion in "abnormal transactions" involving foreign exchange and crypto investments, according to a local media outlet.
South Korea's Financial Watchdog to Expedite New Crypto Rules: Report
Thirteen bills related to virtual assets are waiting to be debated in Parliament, the chairman of the Financial Services Commission said.
Elliptic Introduces Product to Track Crypto Flows Across all Blockchains in Single Screening
The blockchain analytics firm says the offering can help thwart exploits on cross-chain bridges.
Analytics Firm Elliptic Says RenBridge Was Used to Help Launder $540M of Illicit Crypto Funds
Around a third of the sum laundered with the help of the cross-chain bridge is believed to be proceeds from ransomware attacks by North Korean hackers, according to Elliptic.
Coinbase Executives Misled Shareholders About Public Listing, New Lawsuit Alleges
A Coinbase shareholder is seeking damages from nine company executives and board members on behalf of the exchange.
Iran Places First Crypto-Funded Import Order, Worth $10M: Report
The government amended the country's digital assets laws two years ago to allow locally mined crypto for imports payments.
UK Parliamentary Group Starts Crypto Inquiry to Form Policy Recommendations
The group is asking industry experts, regulators and the government to weigh in on a range of topics including consumer protection and CBDCs.
