Regulation
FBI blames North Korea's TraderTraitor for the $6.3 billion Binance theft
The FBI, Secret Service, and IRS investigators urged exchanges and DeFi services to block transactions tied to 628 addresses used to launder the stolen funds.
Regulation
Regulation
Democrats projected to win Congress; the stalled CLARITY Act must pass this Congress or start over
The CLARITY Act stalled in the Senate in September. If it is not revived before the current Congress ends, the process would start again in January.
Regulation
FinCEN cuts crypto exchange MEXC off from the US financial system
Treasury says MEXC handled at least $16 billion in illicit-linked funds, including nearly $1.5 billion tied to Russian sanctions evasion and deals with Iranian exchangers.
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FinCEN and the Fed withdraw a 2020 plan to lower the travel rule threshold to $250
The agencies said five years had passed and the crypto market had changed, and promised a new comment period before any similar rule.
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North Korea calls US claims over the Binance hack 'absurd rhetoric'
Kim Yo Jong, the sister of leader Kim Jong Un, rejected the FBI's attribution in a statement carried by state media. According to published excerpts, she offered no technical rebuttal.
Regulation
OCC finalizes its rule implementing the GENIUS Act for stablecoin issuers
The rule sets standards for reserves, redemption and risk management. It and the law take effect on January 18, 2027.
Regulation
Russia finalizes rules letting retail investors buy Bitcoin, ether, and USDT from November 17
Non-qualified investors will be capped at 300,000 rubles a year per intermediary and must pass a test. The Moscow Exchange plans to start crypto trading on December 1.