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Japanese game developer launches Bitcoin, altcoin fund with SBI

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The Bitcoin and altcoin fund builds on Gumi’s growing crypto business centered around XRP, with the company nearly doubling its crypto holdings over the past year.

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Coin Market

South Korea report proposes stablecoin rules before crypto law

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Policy report recommends interim licensing guidance, greater flexibility for stablecoin issuers and rules ahead of the Digital Asset Basic Act.

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Coin Market

US sanctions Iranian maritime firm, says it accepted Bitcoin to evade restrictions

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The US Treasury said HormuzSafe accepted Bitcoin and other digital assets to evade sanctions and generate revenue for Iran’s Islamic Revolutionary Guard Corps.

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Coin Market

Luno cuts 20% of staff as crypto layoffs spread across 12 firms in July

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Luno and Gnosis joined a widening round of crypto restructurings in July, when at least 12 companies reported job cuts.

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