Crypto


Policy

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.

Authorities in South Korea have reportedly arrested three people tied to a forex probe involving crypto. (Catherine Falls Commercial/Getty Images)

Policy

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.

El Banco de Inglaterra sube las tasas en 50 puntos base. (PeterRoe/Pixabay)

Finance

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.

Iran has started paying for imports using crypto. (Rainer Puster/Getty)

Policy

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.

Bitcoin is increasingly moving in the opposite direction to the inflation-adjusted bond yield. (Pixabay)

Finance

SoftBank Reports Record Quarterly Loss

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

(Lev Radin/Shutterstock)