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Crypto
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.

A Growing Metaverse Poses Systemic Risks Regulators Need to Recognize, BOE Researchers Say
If the metaverse grows, households could rely more on crypto and banks and financial institutions could have greater exposure, researchers said.

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.

US Crypto Regulation Bill Needs More Work to Define Boundaries, Former Prosecutor Says
Grant Fondo told CoinDesk TV’s “First Mover” that the bill doesn’t settle the issue of which government agency should regulate what.

SoftBank Reports Record Quarterly Loss
The company, which has invested in crypto projects, cited a global tech sell-off and weaker yen.
