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Investigating the $6.5 Billion Mystery: South Korean Banks and Cryptocurrency Remittances

Explore the investigation into South Korean banks for their role in suspicious $6.5 billion overseas remittances linked to cryptocurrency.

News

Binance’s Bold Comeback: Returning to Japan Through SEBC Acquisition

Discover how Binance is reentering Japan’s crypto market through SEBC and the implications for users and regulations.

Impact of Sanctions on Russian Savings: Financial Turmoil Ahead

Explore how Western sanctions threaten Russian savings amidst a financial crisis and market upheaval.

Crypto Chaos: The Irony of Russia’s Central Bank in a Time of War

Amid the Ukraine-Russia conflict, the Central Bank of Russia ironically opposes crypto use while citizens seek refuge in digital assets to protect savings.

EminiFX CEO Pleads Guilty to Commodities Fraud Amid $248 Million Scandal

Eddy Alexandre of EminiFX pleads guilty to fraud, raising $248M from investors with false promises. Discover the scam’s details and legal repercussions.

Circle’s Euro Coin (EUROC): A New Player in the Stablecoin Arena

Circle launches Euro Coin (EUROC), marking a significant step in the stablecoin landscape and catering to businesses seeking euro liquidity.

Asia’s Major Banks Unite for Cross-Border Central Bank Digital Currency

Discover how major Asian banks are collaborating on the m-CBDC to revolutionize cross-border payments and tackle financial challenges.

Travelex: The Ransomware Saga and Bitcoin Payoffs

Travelex faced an attack leading to a $2.3 million Bitcoin ransom. Learn about the incident and rising ransomware threats during COVID-19.

MoneyGram Rakes in $11 Million Thanks to Ripple: A Deep Dive

MoneyGram earns over $11 million from Ripple Labs. Discover the impact of their partnership and what the future holds for digital payments.

China’s Changing Stance on Cryptocurrencies: What You Need to Know

Explore China’s shifting stance on cryptocurrencies and blockchain technology amidst forex reforms and the launch of its central bank digital currency.