Thai’s Scammer’s $122M Wallet, Japan Embraces Crypto Credit: Asia Express

Interpol operation exposes $122M crypto wallet tied to romance scam laundering A crypto wallet linked to a suspected romance-scam money launderer processed more than $122.5 million in 10 months, according to Interpol. Interpol said that Thai authorities arrested two suspects and uncovered a money-laundering network that funneled proceeds from romance scams into cryptocurrencies, using cross-chain token…

UK Government Defers Capital Gains on Certain Crypto with ‘No Gain, No Loss’ Approach

The UK’s tax authority plans to treat “certain disposals” related to cryptocurrency lending and liquidity pools as transactions that would effectively defer the country’s capital gains requirements. In a Monday announcement, HM Revenue and Customs (HMRC) said that starting on April 6, 2027, it would adopt a “no gain, no loss” approach to disposals involving…

Strategy Became a Symbol of Dot-Com Crash: Could History Repeat?

In March 2000, Strategy executive chairman Michael Saylor watched more than $6 billion disappear from his fortune in a single day. MicroStrategy’s shares had plummeted more than 60%, thrusting the thirty-five year old software entrepreneur into the center of the dot-com crash. The company later settled civil fraud charges with the US Securities and Exchange…

$2.5 billion in BTC call spreads target $72,000 by the month end when the Fed meets

“This week we have seen some large blocks in BTC topside call spreads,” Jean-David Péquignot, chief commercial officer at Deribit, told CoinDesk. Options flow of this size and repetition often reflects institutional positioning rather than retail activity, given the capital required and the precision of the strike selection. The timing is notable for two reasons….

South Korea to Bring Digital Assets Under State Asset Management System

South Korea plans to adopt the National Asset Basic Act to update the country’s state asset management system from the outdated State Property Act of 1950. The Ministry of Economy and Finance (MOEF) hopes to modernize the management of national assets and explicitly includes digital assets and intellectual property, broadening the definition of state assets,…

Bitcoin Gains Run Out of Steam as Traders Warn of Rejection Next

Bitcoin (BTC) cooled off with US stocks on Thursday as tech selling tempered gains from low inflation. Key points: Bitcoin follows US stocks as they come off local highs sparked by bullish US inflation data. Tech sell pressure contributes to slowing momentum as retail investors take profits. The BTC price rebound is seen rejecting at…

The payment war shifts to distribution as stablecoins reach mainstream status

“Both Stripe and PayPal do approximately the same amount of payment volume, but Stripe has about one-fifth the net revenue,” Hadick said. “From a financial perspective, this is obviously accretive, and it helps them connect their merchant processing business, which is at risk of being commoditized, with a broad subset of PayPal’s more than 400…

The British Virgin Islands are a Top Crypto Hub No One Ever Talks About: Here’s Why

More than $1 out of every $10 of the world’s tokenized US Treasuries is issued by a company incorporated in the British Virgin Islands. That places the small Caribbean territory behind only the United States as a key jurisdiction for the rapidly growing asset class, according to BVI Finance. BVI Finance’s Destination Digital report in…

Ordinals Advocate Proposes New Bitcoin Client: ‘$DOG Mode’

Bitcoin Ordinals advocate Leonidas has proposed developing a new open-source Bitcoin client, aimed at removing restrictions affecting Runes and Ordinals transactions.  In a post to X on Friday, Leonidas called the proposed client “Bitcoin $DOG Mode,” which would lift the maximum individual transaction size to 3.9 million weight units (WU), compared to Bitcoin Core’s 400,000…

Ethereum’s Staking Tax May Already Be Obsolete Due To EthLabs

Ethereum is running out of money, according to former insiders. The warning has sparked one of the fiercest Ethereum governance debates in months: should the network fund developers by taxing staking rewards, or just rely on wealthy Ether holders to bankroll its ecosystem? At the center of the debate is a controversial proposal from Kleros…