South Korean Congressman Sentenced To Six Months in Prison for Concealing $7.5M in Crypto Holdings

Former South Korean Congressman Kim Nam-guk has been sentenced for concealing $7.5 million in cryptocurrency holdings, facing a six-month prison term for falsifying asset declarations to the National Assembly amid ongoing debates on crypto regulation.
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Coinbase Criticized for Citing Justin Sun Risks in Wrapped Bitcoin Delisting

Coinbase, a prominent cryptocurrency exchange, has faced criticism following its decision to remove Wrapped Bitcoin (WBB) from its platform. The exchange cited unacceptable risks associated with Justin Sun, the founder of the Tron blockchain, as the reason for this action.
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Hong Kong SFC Approves Four New Virtual Asset Providers, Expanding Licensed VATPs

The Hong Kong Securities and Futures Commission has approved four new virtual asset trading platform providers, expanding its regulatory framework and enhancing investor protection in the digital asset market, now totaling seven licensed platforms.
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Crypto.com CEO Meets With Donald Trump, Drops SEC Lawsuit

President-elect Donald Trump met with Crypto.com CEO Kris Marszalek this week at his Mar-a-Lago estate in Florida amid the rescindment of the blockchain firm’s litigation against the United States Securities and Exchange Commission (SEC). Donald Trump Meets Crypto.com CEO Kris Marszalek In a December 16 X post by Marszalek, the crypto mogul can be seen […]
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