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China Supreme Court revises Anti-Money Laundering law to include ‘virtual assets’

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Supreme People’s Procuratorate said there has been a 20-fold increase in people prosecuted for money laundering since 2019. 

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Coin Market

Tether’s excess reserves nearly double to $8B as Q3 profit hits $1.5B

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The stablecoin issuer’s US Treasury holdings are comparable to those of major foreign holders, while its Bitcoin reserves were valued at $8.37 billion at the end of September.

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Coinbase leads crypto stock selloff following $6.3B Binance hack

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Circle, Strategy and other crypto-linked stocks fell sharply Friday, a day after Binance disclosed a $6.3 billion security breach.

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Recap: How Binance’s record $6.3B hack unfolded

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A recap of Cointelegraph’s live coverage of the Binance hack, including early breach reports and the exchange’s full reimbursement pledge.

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