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    Blockchain

    South Korean Tax Dodgers Out of Pocket as Authorities Seize $768,500 Worth of Crypto

    South Korean “tax dodgers” have been dealt another blow, with tax authorities in the city of Hwaseong confiscating cryptoassets worth over $768,500.

    Ripple And SEC File Sealing Proposal In Forthcoming Remedies Brief

    Ripple Labs and the U.S. Securities and Exchange Commission (SEC) agreed on March 19 to seal a proposal to address concerns about an upcoming remedies-related brief in their ongoing legal dispute.

    Do Kwon Appeal On Extradition To South Korea Denied by Montenegro Court

    A Montenegro appeal court denied Do Kwon’s appeal on Wednesday to overturn a ruling mandating his extradition to South Korea.

    3AC Co-Founder Kyle Davies Stands Firm, Won’t Apologize for Crypto Hedge Fund Bankruptcy

    Kyle Davies, the founder of collapsed crypto hedge fund Three Arrows Capital (3AC) says he has nothing to apologize for in a new interview on the latest episode of Unchained.

    Alipay Collaborates with Avalanche for Web3 Voucher Program

    Alipay, a leading online payment platform, has partnered with Avalanche, a smart contract blockchain platform, to introduce a voucher program leveraging Web3 technology.

    House Committee on Financial Services Explores Need for SEC Reform Amid Concerns Over Gensler’s Leadership

    United States Securities and Exchange Commission (SEC) Chair Gary Gensler is facing increased scrutiny over his handling of the federal agency following a Monday hearing held by the U.S. House Committee on Financial Services (HCFS). The committee delved into potential SEC reform, exploring concerns about the agency’s recent actions.

    Playnance Introduces Gaming Layer-3 PlayBlock on Arbitrum Orbit

    Playnance has announced the scheduled launch of PlayBlock, a Layer-3 gaming ecosystem developed on the Arbitrum Orbit.

    Support Mounts for Coinbase as Industry Leaders Call on SEC to Draft Clear Crypto Regulations

    Several supporters have joined Coinbase Inc. in its legal battle against the U.S. Securities and Exchange Commission (SEC) to urge the agency to reconsider its stance on crafting specific crypto regulations for the industry.

    Blockchain Games Firm Sequence, Google Cloud Partner to Bring Web3 Gaming to Cloud

    Blockchain-based Web3 game development platform Sequence is bringing Web3 gaming tools and solutions to Google Cloud users.

    South Korean Altcoin Issuer Arrested on $16.1m Fraud Charges

    A South Korean altcoin issuer has been arrested on fraud charges. Prosecutors in the country have accused him of duping investors out of $16.1 million.

    King River Capital, Immutable, and Polygon Labs Launch $100M Gaming Fund

    Australian venture capital firm King River Capital, blockchain gaming firm Immutable and Polygon Labs have teamed up to launch a $100 million gaming fund.

    UK FCA Plans to Implement Market Abuse Regime for Crypto in 2024

    The Financial Conduct Authority (FCA) of the United Kingdom has announced its intention to introduce a market abuse regime for cryptocurrencies within the current year, as outlined in its business strategy released on Tuesday.

    Paradigm Supports Coinbase’s Case Against the SEC, Files Amicus Curiae Brief

    Paradigm is supporting Coinbase’s case against the SEC, an amicus curiae brief filed by the crypto investment firm Monday reveals.

    Argentina Regulator Outlines Plans to Police Crypto Exchanges

    The top Argentinian financial regulator says it plans to “supervise” the Latin American nation’s crypto service providers.

    SEC Requests $158 Million Increase to Tackle Crypto Market Challenges in 2025 Budget Proposal

    The U.S. Securities and Exchange Commission (SEC) is seeking an additional $158 million for its 2025 budget to address the growing complexities in financial markets, particularly the challenges stemming from the crypto sector. 

    Genesis Agrees to Pay $21M Fine to Settle SEC Crypto Lending Charges

    Bankrupt cryptocurrency lender Genesis Global Capital has agreed to pay a $21 million fine as part of a final court judgement to settle charges with the U.S. Securities and Exchange Commission (SEC).