Israeli security agencies have successfully exposed a route for financing terrorism through digital currencies. The operation, a first of its kind, led to the seizure of $1.7 million from crypto accounts linked to Iran’s Quds Force and the Hezbollah terrorist organization. Quick facts: The meticulous operation was made possible through the use of innovative blockchain … Read more
The U.K. Law Commission, an independent body funded by the Ministry of Justice, has unveiled a groundbreaking recommendation that could revolutionize the use of cryptocurrency as collateral in the country. Quick facts: The proposal involves the creation of a tailored legal framework specifically designed to address the unique challenges and requirements associated with crypto assets. … Read more
Mitsubishi UFJ Financial Group Inc., the leading Japanese bank, is actively engaged in negotiations with global stablecoin issuers to facilitate the issuance of their tokens through its own blockchain platform. Quick facts: As of June 1, Japan’s stablecoin law has come into effect, permitting licensed banks, registered money transfer agents, and trust companies in the … Read more
Tether Operations Limited (Tether), the company behind the world’s largest stablecoin, USDT, has announced its plan to launch USDT tokens on the Kava blockchain. This move represents an expansion of Tether’s USDT offering, aiming to provide users within the Kava network with access to a trusted and widely adopted stablecoin. Quick facts: As per the … Read more