Bitcoin ETFs extended their inflow streak to six consecutive days, anchoring a strong start to the week. Ether and solana followed with steady gains, while XRP lagged with continued outflows. Bitcoin ETFs Extend Inflow Streak to Six Days Momentum doesn’t knock, it builds. And in the world of crypto ETFs, it continued on Monday, March […] Original
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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Arthur Hayes warns that the market may be underestimating how quickly AI-driven job losses could destabilize the financial system. Even a 10–20% reduction in knowledge-sector employment could trigger widespread loan defaults, placing pressure on regional banks heavily exposed to consumer credit. At the same time, rising geopolitical tensions and potential Middle East conflict could force the Federal Reserve to inject liquidity into markets, repeating patterns seen during past wars. Hayes argues that Bitcoin often reacts to these liquidity shifts before traditional assets,…
Vietnam is reportedly advancing plans to restrict its citizens from trading on overseas cryptocurrency platforms while accelerating a tightly controlled domestic licensing regime for digital asset exchanges. Vietnam Banks, Brokers Compete for Crypto Licenses as Ban Looms Reuters reported that the Ministry of Finance is drafting rules that would prohibit Vietnamese nationals from using foreign […] Source
South Korea’s National Police Agency (KNPA) has reportedly drafted new guidelines for handling seized cryptocurrencies, including privacy-focused assets, as authorities move to standardize how digital asset evidence is stored and managed. According to a report by local media outlet Asiae, the KNPA completed a draft directive outlining compliance requirements at each stage of crypto seizure. The directive includes measures for managing software wallets needed to handle crypto assets and privacy-focused tokens. A police spokesperson told Asiae that as investigative paradigms change, field investigators need systematic guidelines along with appropriate support.…
Crypto.com has partnered with KG Inicis, one of the largest South Korean payment gateways and value-added network providers, to introduce crypto payment options for foreign visitors across the country. KG Inicis, which processes hundreds of millions of transactions annually with its service used by around 190,000 affiliated merchants, will support the rollout of Crypto.com Pay across its network, according to a Tuesday announcement. “KG Inicis boasts an unrivalled merchant acceptance network with 40% market share and we’re proud to partner with this fintech powerhouse to make digital asset payments easier…
South Korean financial regulators reportedly slapped the crypto exchange Bithumb with a 37 billion won ($24.8 million) fine over alleged customer verification lapses. South Korea’s Financial Intelligence Unit (FIU) accused the exchange of failing to verify the identity of its customers in 6.59 million different instances, as well as facilitating around 45,000 transactions with 18 unregistered exchanges overseas, the Seoul-based news agency Yonhap reports. The FIU will also impose a six-month partial business suspension in addition to the fine, and Lee Jae-won, Bithumb’s CEO, will reportedly receive an “official reprimand.”…
Texas-based apparel company Beba and crypto lobby group DeFi Education Fund have withdrawn a 2024 lawsuit against the US Securities and Exchange Commission (SEC) over its approach to airdrops, citing a recent shift in the regulator’s approach to crypto. Beba launched a free token airdrop in March 2024 and, together with the DeFi Education Fund, filed a pre-enforcement challenge against the SEC that year. The lawsuit alleged the regulator had adopted its digital asset enforcement policy without a formal notice-and-comment rulemaking process, in violation of the Administrative Procedure Act. The…
A former Los Angeles County Sheriff’s Department deputy has been sentenced to more than five years in prison for helping Adam Iza, a jailed crypto founder dubbed “The Godfather,” extort victims. A California federal court handed Michael Coberg 63 months in prison and an order to pay $127,000 in restitution for helping Iza extort one of his rivals and arrange a drug possession arrest of another person, the Los Angeles US Attorney’s office said on Monday. Coberg had pleaded guilty in September to conspiracy to commit extortion and conspiracy against…
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