South Korea Sets 2028 Crypto Tax Filing Plan for Investors
Show AI Summary South Korea’s crypto tax plan is nearing completion with a 2027 enforcement launch and 2028 filing debut. The National Tax Service will start accepting filings in May…
Canada Moves to Ban Crypto ATMs Amid Rising Scam Concerns
Show AI Summary Canadians are being exposed to financial scams through crypto ATMs, which have become a key channel for fraudulent transactions. The widespread misuse of crypto ATMs affects vulnerable…
South Korea to Track Crypto in Property Deals as NTS Targets Tax Evasion
Show AI Summary South Korea strengthens cryptocurrency oversight in real estate transactions to curb tax evasion A new analysis system will track fund flows and verify the origin of property…
Japan FSA Classifies JPYC Under Regulated Payment Services Framework
Key Highlights Japan’s FSA classifies JPYC as a regulated money transfer service, placing it alongside major payment apps like PayPay. Regulators now treat yen-backed stablecoins as payment infrastructure, not crypto…
OFAC Updates Iran Sanctions as $344M in Tether Frozen Amid Hormuz Tensions
Key Highlights OFAC added new crypto wallet addresses linked to Iran’s central bank to its SDN sanctions list. Tether and U.S. authorities froze $344 million in USDT tied to Iranian…
France Sees Explosion in Crypto Kidnappings: 88 Suspects Charged
Show AI Summary Authorities anticipate a continued surge in cryptocurrency-related kidnappings in France, driven by evolving criminal trends and data leaks. Law enforcement is adapting to the crisis by deploying…
California Man Gets 70 Months for $263M “Cartoonish” Crypto RICO Fraud
Show AI Summary A California-based money launderer was sentenced to 70 months in prison for his role in a cryptocurrency scheme that stole over $263 million. The group’s operation resulted…
U.S. Says $344M Tether Freeze Was Linked to Iran Sanctions Probe
Show AI Summary US freezes $344 million in USDT, impacting Iranian wallets and financial transactions. Tether’s support of US authorities in freezing funds raises concerns over stablecoin centralization and human…
Brazil Blocks Polymarket, 20+ Platforms Over Gambling Violations
Key Highlights The Brazilian government is shutting down access to platforms like Polymarket and over 20 others for breaking gambling laws. The new rules ban contracts linked to elections, sports,…
U.S. Seizes 503 Crypto Scam Websites in Major Fraud Crackdown
Key Highlights U.S. authorities seized more than 503 .com domains tied to crypto investment scams. The websites were disguised as investment platforms showing fake returns to victims. Operation Level Up…