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10 stories in this section
The post Crypto News Today : South Korea to Block 27 Illegal Crypto Websites appeared first on Coinpedia Fintech News South Korea will block access to 27 crypto websites operated by unregistered virtual asset businesses...
European consumer authorities have opened 11 coordinated actions involving 10 game companies over in-game currency pricing, withdrawal rights, loot boxes and sales practices. The principles exclude cryptocurrencies and currencies earned only through gameplay, focusing on paid currencies in closed game economies.
Coinbase and Citi have specified two institutional stablecoin payment services: stablecoin acceptance through Spring by Citi and automatic conversion of incoming fiat through Coinbase Virtual Accounts. The companies have not disclosed customers, transaction volumes, pricing, eligible currencies or supported stablecoins.
Hong Kong’s SFC and AFRC signed a memorandum expanding cooperation on financial reporting, audits and compliance oversight to licensed virtual asset service providers and other regulated financial entities.
CoinDesk reports that the FBI’s annual Virtual Asset Technical Exchange brings investigators, law enforcement officials and crypto-security specialists together to share intelligence on a wide range of crimes involving digital assets.
Brazil’s central bank will require a licensed FX transaction or qualifying non-resident real account for a specific cross-border settlement flow involving regulated FX providers from Oct. 1, limiting stablecoin use on that payment route.
CoinDesk’s Rich Graham warns that digital arrest scams use fake law-enforcement claims to pressure victims into fast online payments, including cryptocurrency transactions. The warning is relevant to crypto users and the VIRTUAL asset page.
India’s Financial Intelligence Unit issued non-compliance notices to 15 virtual digital asset service providers over anti-money laundering lapses, CoinDesk reported. The source did not identify the platforms or provide details on potential penalties.
The Philippines’ central bank is considering a proposal to pause new payment operator registrations and impose enhanced monitoring and transaction limits on arrangements involving virtual asset service providers, Cointelegraph reported.
