The Bank of Russia has approved a new rule that will allow banks to block operations with digital rubles for days if they appear to be linked to fraud.

Starting February 25, 2025, Turkey is tightening its grip on cryptocurrency transactions. The new crypto regulations are designed to combat money laundering and terrorism financing.

Crypto suffered a lot due to regulatory overreach in the US while the scene changed after Trump's win. The crypto industry has gone up since then to $1 Trillion. The recent US elections have brought unexpected financial showdowns for prominent crypto leaders and firms.

South Korea imposed sanctions on 15 North Korean hackers accused of stealing $1.34 billion in crypto during 2024, targeting funds linked to Pyongyangs weapons projects. North Korean Hackers Dominate 2024 Crypto Thefts Over half of the cryptocurrency spaces value stolen in 2024 was attributed to North Korean hackers, who are now being sought by governments worldwide.

U.S . lawmakers will get another chance to pass crypto bills as momentum might be on the industry's side in the new year.

The sanctioned agents were allegedly generating funds for North Korea's nuclear weapon development program in Pyongyang.

On Christmas Day, Siqi Chen, a tech CEO and father, turned to social media with a heartfelt plea to raise funds for research into a rare and dangerous brain tumor afflicting his daughter, Mira.

Crypto.com has obtained a trust company charter. This enables custody services for institutions and high-net-worth clients in the U.S. and Canada.

Despite the substantial liquidations, the crypto market showed signs of recovery. Bitcoin, which had dipped below $95,000 earlier in the week, rebounded to hover around $98,337.

The funds will be used to improve zoo operations and create a special exhibition for the famous hippopotamus known as, Moo Deng. Buterin wrote a poignant letter to the director of Khao Kheow Open Zoo, expressing his enthusiasm for the zoo's dedication to education and animal welfare.

The proposed bill includes specified licensing requirements for stablecoin issuers, offering and marketing restrictions and broader consumer protection.

An elaborate scam has been detected, where attackers are now utilizing ad networks to perpetrate phishing attacks affecting the users of the Pudgy Penguins NFT project. According to ScamSniffer, the attack was uncovered after a user complained of being led to a fake Pudgy Penguins site through a Singapore news site.

South Korea has imposed new sanctions on North Korean hackers responsible for stealing over $1 billion in crypto, with the illicit funds fueling the regime's weapons programs.

The South Korean government has imposed sanctions on 15 individuals and one entity from North Korea for engaging in illicit cyber activities, including cryptocurrency thefts. The post South Korea Sanctions North Korean Individuals and Entity Over Crypto Heists appeared first on Cryptonews.

Yat Siu, the co-founder, and executive chairman of Animoca Brands has had his X (previously Twitter) profile hacked in a cyber attack. Scammers employed the account for the promotion of the fake token with reference to the new Animoca Brands launch, causing a stir in the global crypto sphere.

On Christmas Eve, Siqi Chen, the CEO of a tech company, shared a deeply personal and emotional update on his social media, revealing the difficult journey he and his family are currently facing.

Adopting crypto payments can enhance business competitiveness by reducing transaction costs, improving cash flow, and boosting global reach. The post Crypto payments are not as complicated as you think: a quick guide to accepting crypto with CryptoProcessing appeared first on Crypto Briefing.

South Korea is imposing sanctions on 15 North Korean individuals and one entity for illicit cyber activities, including crypto heists.

Yat Siu, the CEO and co-founder of the Hong Kong-based software and venture capital firm Animoca Brands, has had his X account compromised.

The X account of Animoca Brands co-founder Yat Siu was hacked to promote a bogus token in what appears to be latest in a string of similar hacks in the past month.

Coinbase CEO Brian Armstrong's stock sales alone have netted him an extra $129 million following the US election. The post US Election Benefitted Crypto Leaders With Billions in Additional Wealth: Report appeared first on Cryptonews.

The number of cryptocurrency users in South Korea rose by 610,000 in November. The large amount of crypto transactions is already putting pressure on the stock market.

OTC trade volumes on Kraken and other crypto exchanges have increased by 220% YoY. The quantities of current trades are comparable to those witnessed in 2021.

Crypto investment should more closely follow adoption patterns in emerging markets.

Crypto.com announced the launch of a new trust company in the US this week, marking an important step in developing its expansion efforts in North America. Known as the Crypto.com Custody Trust Company, the new entity provides custody services for digital assets to high-earning individuals and qualified institutions in the United States and Canada.

The Hashgraph Group has obtained a fund management license from the Abu Dhabi Global Market (ADGM) enabling it to launch a $100 million Web3 venture fund. Venture Fund to Back Hedera Network Innovators The Swiss-based Hashgraph Group has secured a fund management license from the Abu Dhabi Global Market (ADGM) in the United Arab Emirates.

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In mid-2024, the OTC market had low trading volumes, but that changed as the election approached and traders wanted to capitalize on the results.

The United States and South Korea are reportedly partnering in a joint research initiative aimed at strengthening protections against the theft of crypto assets. According to a report by the Yonhap News Agency, the U.S.

A composite index by ApeX Protocol ranked the most blockchain-friendly regions based on patents, jobs, and crypto exchanges.

The web3 infrastructure provider MoonPay is reportedly mulling a $150 million acquisition of the crypto payments provider Helio. Fox Business reporter Eleanor Terrett reports that MoonPay is in talks over the deal, which would represent the crypto firm's largest acquisition. Helio aims to make “accepting crypto payments effortless for merchants and apps worldwide.

The transition from Wall Street to cryptocurrency has been both risky and transformative for finance professionals who made the leap. Many who left lucrative roles at top institutions during the last bull market are now reportedly seeing their decisions validated.

If the sender doesn't provide enough information, the transfer might be flagged as "risky" and stopped.

Singapore is leading the race to become a crypto hub in Southeast Asia. In 2024, the country issued 13 different crypto licenses, more than double the number issued in the previous year.

You can't spell blockchain without spelling AI. Both could define the future.

The meme coin market is buzzing like never before, and with every tick of the clock, new projects are scrambling to capture the attention of savvy investors. Thanks to the quirky nature of these coins, they've become a playground for creativity and community engagement.

The Singapore-based digital asset exchange giant Crypto.com plans to offer custody services for high-net-worth individuals and institutions in the US and Canada. This week, the exchange announced the launch of a US trust company to enable the new services. Crypto.

The Pump Science tokenomics design has been completed, with 5% of future tokens allocated to previous holders during migration.

International media company crypto.news has announced the list of winners of the 2024 awards, revealing the most outperforming projects.

Digital currencies took center stage as crypto continued to enter the realm of mainstream entertainment and political parlance.

Transfers with insufficient sender information may be flagged as “risky” and halted. The update follows 47 license applications by Turkish crypto firms in 2024.

India's Ministry of Finance recognized DeFi's innovation but warned of risks to economic stability and consumer protection. During its G20 Presidency, India collaborated with the IMF and FSB to address vulnerabilities in the crypto ecosystem, including DeFi and stablecoins.

The purpose of the new AML rule is to stop criminals and terrorists from using crypto to launder money. Customers who conduct transactions over $425 would be compelled to provide their personal information.

Trading volumes have picked up substantially at crypto OTC desks following the election, multiple trading firms say.

Memecoins like Dogecoin and PEPE thrived in 2024 driven by virality and speculation, but what next?

The global crypto scene is booming, with Bitcoin touching its ATH in December breaking the historic target of $100k this year the interest in crypto assets is bound to increase. While countries are setting a softer crypto tone, Turkey has passed a law requiring cryptocurrency users to provide identification data for transactions exceeding $425.

Crypto hacks in 2024 caused nearly $3 billion in damages, with access control flaws driving 78% of the losses, data shows.