South Korean Police Collaborate with Binance to Enhance Crypto Investigations
The South Korean police are working with the largest Binance exchange to develop a system that should provide quick access to wallet addresses and freeze funds related to criminal investigations. South Korea's National Police Agency is meeting Tuesday, May 30, to discuss ...
South Korean MP’s Cryptocurrency Transactions Reported as Suspicious by Authorities
Financial Services of South Korea reported to the local prosecutor's office a series of suspicious cryptocurrency transactions made by an MP from the opposition party. Democratic Party of Korea representative Kim Nam-kuk allegedly withdre ...
South Korean Central Bank to Strengthen Control Over Cryptocurrency Industry
The South Korean Central Bank is taking steps to increase its oversight of virtual asset service providers (VASPs) and cryptocurrency issuers. To better monitor these entities, the Bank of Korea will now request transaction data from cryptocurrency exchanges, a move that has been approved by the ...
US Congress to Hold Hearings on Silicon Valley Bank and Signature Bank Bankruptcy
The Financial Services Commission of the US Congress's House of Representatives has set up hearings for March 29th to investigate the underlying causes behind the bankruptcies of Silicon Valley Bank and Signature Bank. The Blockchain Association, a pro-crypto lobbying group, has utilized the Free ...