The real-world asset (RWA) tokenization industry is projected to exceed $30 trillion by 2030, driven by nimble and mainstream financial institutions.

South Korea's Financial Intelligence Unit reportedly found 500,000 to 600,000 potential KYC violations on Upbit, the largest crypto exchange in the nation. KYC violations of this scale could lead to fines and possible license renewal issues.

Consensys has launched sovs.xyz, a platform built on its Linea zkEVM rollup, enabling users to declare personal sovereignty and foster stronger.

South Korea's Financial Intelligence Unit (FIU) is reportedly investigating Upbit, one of the country's leading cryptocurrency exchanges, over a staggering 600,000 alleged Know Your Customer (KYC) violations. The probe arises as the exchange seeks to renew its business license, with potential implications for its operations.

As Trump gears up for another term, could his potential Treasury Secretary pick, Scott Bessent, finally bring a crypto-friendly approach to the highest levels of U.S.

BVNK is in preliminary talks to raise $50 million as stablecoin payments gain momentum, spurred by Stripe's recent acquisition in the sector.

Mountain Protocol, a yield-bearing stablecoin project, has partnered with the P2P exchange El Dorado to bring yield savings products to Latin American customers. Both organizations have teamed up to offer up to 4.5% APY for El Dorado Earn customers.

The Hong Kong Monetary said two overseas crypto firms have misrepresented themselves as banks but did not disclose their names.

Hong Kong's central bank said that it's illegal for unlicensed companies to represent themselves as banks in Hong Kong.

Stablecoin startup BVNK has reportedly initiated private talks with investors to raise $50 million in a new funding round. The news follows Stripe's October announcement of the acquisition of the stablecoin startup Bridge.

The country's financial watchdog reportedly discovered that Upbit approved hundreds of thousands of accounts without proper ID verification.

To show how this works, Base is teaming up with Zora to let users mint (or create) a short film by ResearchHub. ResearchHub is a platform that speeds up funding, research, and publishing in science.

American crypto ETFs have experienced their first outflow since Donald Trump's electoral victory, marking a pause in the bullish trend. Both Bitcoin and Ethereum saw significant declines, with net outflows of $400.7 million for Bitcoin ETFs and $3.2 million for Ethereum ETFs.

Binance, along with the Royal Malaysia Police, have successfully traced $1.6 million in kidnapping ransom paid for the release of a 59-year-old businessman. The prominent cryptocurrency exchange collaborated with Malaysian law enforcement to track a portion of the $4.

BitMEX announces scheduled system maintenance on November 16, resulting in temporary platform downtime from 02:00 to 07:00 UTC. Trading will resume post-maintenance.

A Bloomberg report reveals stablecoin payments provider BVNK is reportedly in early discussions to raise at least $50 million in a fresh funding round, highlighting growing investor interest in the digital payments sector. Sources familiar with the matter revealed the discussions remain preliminary, with the potential size and valuation of the raise still under negotiation.

Bitwise is driving more enhanced innovation in the crypto ecosystem with the plan to transition BITW product into the ETP-backed fund.

18 US states have filed a lawsuit against the SEC and its chair, Gary Gensler, accusing the agency of overstepping its authority.

BitMEX has introduced SWELLUSDT and APUUSDT perpetual swap contracts, offering users leverage up to 50x. Explore the trading opportunities now available on the platform.

Bitwise Asset Management is preparing to enhance its crypto product lineup by converting the Bitwise 10 Crypto Index Fund (BITW) into an exchange-traded fund (ETF), according to a Nov. 14 statement. Bitwise revealed that NYSE Arca has filed to uplist BITW as the first crypto index fund to achieve ETF status.

The Hong Kong Monetary Authority cautions the public about crypto firms misrepresenting themselves as banks, potentially violating the Banking Ordinance.

Crypto-asset service providers that carry out transfers must choose a screening system that allows them to comply with the EU's restrictive measures regimes.

During his pro-crypto election campaign, Donald Trump had announced the resignation of the SEC Chairman Gary Gensler.

Representative Matt Gaetz of Florida is the latest name to get a post under Trump's second administration. He will serve as the next Attorney General.

Eighteen US state attorneys general have filed a lawsuit against US SEC Chair Gary Gensler while claiming the SEC's broader crackdown violates federalism principles.

Eighteen U.S. states have filed a federal lawsuit challenging the SEC's authority over cryptocurrency regulation, citing $426 million in industry costs and arguing for state regulatory rights.

BitMEX announces the listing of SWELLUSDT and APUUSDT perpetual swaps, offering traders up to 50x leverage starting November 15, 2024, according to BitMEX.

Due to the alleged KYC violations, Upbit reportedly faces fines of $71,500 per case in addition to possible issues with Upbit's business license renewal.

Donald Trump's pick of Jay Clayton for U.S. Attorney brings back a regulatory heavyweight known for reshaping crypto rules at the SEC.

Chip behemoth Nvidia is reporting quarterly results and global PMI data is rolling in as markets continue to digest the fallout from Donald Trump's U.S. presidential election win, with bitcoin and the euro taking centre-stage.

Bitwise Asset Management announced that NYSE Arca has applied to list the Bitwise 10 Crypto Index Fund (BITW) as an exchange-traded product (ETP).

The London-based stablecoin startup BVNK is exploring a new funding round, aiming to raise $50 million, as investor appetite for the sector grows.

The mastermind behind one of the most egregious cryptocurrency hacks, Ilya "Dutch" Lichtenstein, has been sentenced to five years in prison for his role in a 2016 hack.

The DeFi Education Fund has mounted a serious legal challenge against the U.S. Securities and Exchange Commission (SEC) in an effort to clip the agency's wings.

State attorneys general and the DeFi Education Fund filed a lawsuit challenging the SEC's authority to regulate cryptocurrency exchanges

Blockchain technology could redefine audiobook ownership, offering users real ownership through tokenization. Explore how GalaChain aims to transform the industry with decentralized solutions.

United States Securities and Exchange Commission Chair Gary Gensler has remained unwavering in his attitude against crypto assets.

Ghana and Singapore partner to use blockchain technology to facilitate the trading of carbon credits. Cementing Ghana's Position as Africa's Carbon Market Leader Ghana's Environmental Protection Agency (EPA) has entered into an agreement to add the country's Ghana Carbon Registry (GCR) to a blockchain-based Internationally Transferred Mitigation Outcomes (ITMO) network.

Asset manager Bitwise filed for a multi-crypto ETF comprising a basket of digital assets on Thursday, as the chorus grows for the resignation of SEC Chair Gary Gensler. The Bitwise 10 Crypto Index Fund (BITW) will comprise a basket of 10 digital assets, probably the largest by market cap.

President-elect Donald Trump posted on his social media platform Truth Social that there would be no place for Jamie Dimon in his administration before thanking Dimon for his contribution to the U.S. The statement comes nearly a week after Dimon revealed that he had no intention of leaving his position as the CEO of JPMorgan Chase & Co. to vie for a seat in Trump's office.

These states have come together to file a lawsuit against the U.S. Securities and Exchange Commission (SEC) and its chief, Gary Gensler. They say the SEC has gone too far with its rules, trying to control the crypto industry in ways they believe are unfair and beyond its power.

Consensys' Joe Lubin unveils sovs.xyz, inviting users to declare personal sovereignty on-chain as a step toward a decentralized, self-governed future.

The UK government reportedly plans to unveil new cryptocurrency regulations this month, aiming to bolster the UK's position as a global crypto hub amid increasing competition from the U.S., where recent policy shifts under Donald Trump favor the industry.

SEC Chief Gary Gensler hinted at stepping down while defending his crypto enforcement record in a Thursday speech. The post SEC Chief Gary Gensler Drops Resignation Hint While Defending Crypto Enforcement Record appeared first on Cryptonews.

President Javier Milei advocated for maintaining a separation of crypto and state. The Argentine leader stated that private cryptocurrencies might collaborate to end the state monopoly on currency, and rejected CBDCs.

Last year, Ilya Lichtenstein and his social media rapper wife pled guilty to laundering $4.5 billion worth of Bitcoin from Bitfinex. The post Mastermind Behind Bitfinex Hack Gets 5-Year Sentence for Money Laundering appeared first on Cryptonews.

Lichtenstein stole about 120,000 Bitcoins from the exchange, valued at over $10.5 billion at current market rates. He and his wife pleaded guilty to one count of conspiracy to commit money laundering.