Crypto News
Australia Seeks to Position Itself as a Crypto Leader
The Australian Treasury is working with the digital asset industry to establish clear regulations, aiming to make Australia a global leader in the sector. Spurring Innovation vs. Protecting Users The Australian Treasury has announced that it is collaborating with the digital asset industry, regulators, and the broader community to position the country as a leaderSource link
South Korea Cracks Down on Unregistered Overseas Crypto Exchanges
South Korean financial authorities are cracking down on unregistered overseas cryptocurrency exchanges targeting Korean users. Enforcing the Specific Financial Information Act South Korean financial authorities are escalating their efforts to regulate the domestic cryptocurrency market by targeting overseas virtual asset exchanges that operate without proper registration. According to a local report, the Financial Intelligence UnitSource link
Eminem’s Unreleased Songs Sold for $50K in Bitcoin, Ex-Engineer Charged
Eminem’s former sound engineer, Joseph Strange, has been charged with copyright infringement and interstate transportation of stolen goods for allegedly leaking and selling 25 of Eminem’s unreleased songs for $50,000 in bitcoin. Leaked Songs Circulated via Youtube and Reddit The former sound engineer for U.S. singer and rapper Eminem has been charged with leaking andSource link
Swiss National Bank Says No to Bitcoin Reserve—No Plans to Buy Crypto Assets
Switzerland’s central bank flatly rejected cryptocurrency for reserves, citing wild price swings, legal fragility, and software flaws as global momentum builds toward digital assets. No Crypto for Now: Swiss Central Bank Rebuffs Digital Assets in Reserve Strategy Swiss National Bank (SNB) Vice President Martin Schlegel clarified Thursday in Zurich that Switzerland’s central bank has noSource link
Court Orders $2.3M Returned to Victims of Fake Crypto Trading Platform
A federal court has ordered the recovery of over $2.3 million after a fraudulent digital asset scheme tricked investors with fake trading accounts and stole their funds. Fake Trading Platform Busted: Court Orders Fraudsters to Repay Victims A federal court has ordered the recovery of nearly $2.3 million for victims of a fraudulent digital assetSource link