The Financial Intelligence Unit of South Korea recently referred approximately 40 unregistered virtual asset service providers to the police authority. It reflects Seoul’s increasing attempts to regulate the cryptocurrency firms that operate in South Korea. According to South Korean law, all crypto exchanges are mandated to get the ISMS Certification
Prediction markets are one of the fastest-growing sectors of the digital economy, and Meta is apparently getting ready to enter it. An internal team has been assigned by CEO Mark Zuckerberg to create a stand-alone platform called Arena. It will function independently of Meta’s core products, such as Facebook, Instagram,
U.S. Lawmakers continue to advance digital asset regulations as the Senate moves closer to introducing dedicated cryptocurrency tax legislation. Senator Steve Daines revealed that Republican senators had already developed the framework. During an interview with Bloomberg Tax, Sen. Steve Daines said, “sooner rather than later”. He also said, “We’ve put
QR payments have emerged as one of the most popular methods of daily consumer financing throughout Latin America. These payments are used for anything from modest retail transactions to transportation, food delivery, and mutually beneficial transfers between individuals. As mobile-first payment behavior becomes more prevalent in Argentina and Peru, digital
A newly created wallet has caught the attention of the crypto traders after making a sizable bearish bet on the market through Hyperliquid. As per the data, wallet address 0xaeaa deposited 6.68 million USDC and used the capital to open multiple 20x-leveraged short positions in 3 of the largest tokens
The European Union is set to launch wide-reaching AML regulatory changes that will enhance regulatory controls in traditional finance as well as in the crypto space. Regulation (EU) 2024/1624 will come into force in July 2027 and establish a €10,000 cash transactions limit across the EU. Legislators from Europe drafted
South Korea plans on including fintech companies in the new licensing framework for virtual asset transfers, which is due to be introduced in December. This follows the introduction of a six-month grace period into the Foreign Exchange Transactions Act amendment. The concerned government made this announcement to the local media.
Stockholm, Sweden, 19th June 2026, Chainwire
Ireland has placed crypto assets in its highest financial crime risk category. It marks a significant shift in how the country views the rapidly growing sector. Irish authorities identified cryptocurrencies as a very serious danger for both money laundering and terrorist financing in their first specialised digital asset risk assessment
Today, KuCoin, a leading global cryptocurrency platform that is founded on trust, made an announcement on the debut of the KuCoin Wealth Quant Fund. This fund consists of the Neutral Enhanced Fund, which is the company’s first offering. A more organized approach to long-term capital allocation, risk management, and portfolio
