The Justice Department filed a civil forfeiture complaint detailing two hacks of virtual currency exchanges by North Korean actors. These actors stole millions of dollars’ worth of cryptocurrency and ...

On December 9, 2025, the US Department of Justice (“DOJ”) announced a guilty plea by a peer-to-peer convertible virtual currency exchange (the “CVC Exchange”) for conspiring to: (i) violate the Travel ...

The introduction of the ‘Digital Asset Basic Act (Virtual Currency Second-Stage Legislation Bill),’ which aims to ...

Today, in a coordinated action with the U.S. Department of Justice and the U.S. Department of Homeland Security, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) ...

On March 28, 2025, the Commodity Futures Trading Commission (“CFTC”) Division of Market Oversight (“DMO”) and Division of Clearing and Risk (“DCR”) withdrew Staff Advisory No. 18-14, Advisory with ...

But the new virtual money could face a tough battle integrating into the wider financial system. After debuting on currency trading platforms in October, Zcash took off, hitting an exchange rate of $1 ...

Over the last few years, there has been doubt as to whether bitcoin could ever get federal approval, and be deemed a legitimate currency. Yet, at a Senate hearing on Monday, officials voiced their ...

South Korean authorities are reportedly investigating crypto exchange Upbit for numerous KYC (Know Your Customer) violations. Due to these reported compliance failures at the Korean exchange, Upbit ...

Internal conflict has erupted within the ruling party over the government and Democratic Party of Korea’s push for the ‘Virtual Asset Phase 2 Legislation Bill.’ Initially, the Democratic Party of ...

If you're one of the millions of Americans who own cryptocurrency, there's a key question to answer this tax season. Over the past couple of years, the IRS has stepped up crypto reporting with a ...

Justice Minister Park Sang-Ki said Seoul was preparing a bill to shut down the country's virtual coin exchanges... Justice Minister Park Sang-Ki said Seoul was preparing a bill to shut down the ...