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US indicts crypto investor over alleged $20M fraud scheme

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Federal prosecutors allege the South Dakota investor used false promises to raise money, repaid earlier investors with new funds and laundered proceeds through crypto exchanges.

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Kakao Pay, KakaoBank to explore stablecoin opportunities with Fireblocks

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Kakao Pay and KakaoBank are exploring digital asset opportunities with Fireblocks, including infrastructure for stablecoins.

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Manhattan US Attorney leading probe into Binance’s Iran compliance: Bloomberg

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The investigation is examining whether Binance knowingly allowed trading that violated US sanctions on Iran, months after reports first revealed a Justice Department probe.

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Saudi Arabia exits China-backed mBridge CBDC project: FT

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Saudi Arabia has left mBridge, a cross-border CBDC platform that has drawn scrutiny from US policymakers, according to the Financial Times.

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