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X @Wu Blockchain
Wu Blockchain· 2025-12-12 06:19
According to KBS, Binance was asked by South Korean police to freeze crypto assets stolen from Upbit but froze only part of the funds. Authorities requested a freeze on about 470 million KRW in Solana tokens, but Binance, citing the need for further verification, froze only 17% of the amount (around 80 million KRW) and did so after a roughly 15-hour delay. https://t.co/QG05lvy5Qq ...
X @CoinMarketCap
CoinMarketCap· 2025-12-10 12:34
Regulatory Updates - US Office of the Comptroller of the Currency allows banks to act as intermediaries in crypto transactions [1] - Banks can engage in "riskless principal" transactions involving crypto assets [1]
X @Wu Blockchain
Wu Blockchain· 2025-12-04 07:55
Russia's top economic aide Maxim Oreshkin said crypto assets should be included in the country's balance-of-payments statistics, calling Bitcoin mining an "underrated export." He noted Russian firms are using crypto for cross-border imports and selling mined coins, with a tangible impact on the FX market. Luxor Technology estimates Russia accounts for ~16% of global hashrate, second only to the U.S. Sergey Bezdelov, head of the Russian Industrial Mining Association, said miners produced roughly 55,000 BTC i ...
X @Wendy O
Wendy O· 2025-12-02 20:34
Crypto Asset Allocation - Bank of America will allow wealth advisors to recommend a 1%-4% allocation to crypto assets [1] - The new policy will be effective starting in January 2026 [1]
Crypto market hasn't recovered from October 10th liquidity event, says Neoclassic's Michael Bucella
CNBC Television· 2025-12-02 20:05
Joining us to break down exactly what's going on here is Neocclassic co-founder and managing partner Michael Buchella. Mike, it's great to see you again. Um why why the sudden um collapse is too strong of a word, especially in the crypto world. Why the sudden reset in value.What do you think's going on here. >> Yeah, I'm here. >> Why the mic. Why the Can you hear us now. Yep, I can hear you.>> It's like a Verizon commercial. >> We We got you. You're good. You're good. It's good.>> We're good. We're good. I' ...
X @Wu Blockchain
Wu Blockchain· 2025-12-02 11:24
According to Cryptopolitan, the Bank of Russia has confirmed that it is discussing easing cryptocurrency regulations with the Ministry of Finance, considering expanding access beyond “highly qualified investors.” First Deputy Governor Vladimir Chistyukhin said that crypto assets could become a “normal financial instrument” and that the central bank expects to finalize its policy stance by the end of the year. https://t.co/25nrTnfZAm ...
X @Wu Blockchain
Wu Blockchain· 2025-11-30 07:33
Investment Strategy - National Bank of Kazakhstan (NBK) is considering investing in crypto assets [1] - The potential investment amount could be up to $300 million, but might range from $50 million to $250 million [1] - NBK will wait for the crypto market to stabilize before investing [1] - The funds will be sourced from the central bank's foreign exchange reserves [1] Regulatory Considerations - The investment decision is influenced by the recent crypto market downturn [1]
X @Wu Blockchain
Wu Blockchain· 2025-11-27 15:33
Multiple high-inflation countries are accelerating the use of crypto assets as an alternative store of value. Chainalysis data shows that from July 2024 to June 2025, Turkey recorded $200 billion in crypto transaction volume (local inflation around 32%), Argentina $93.9 billion (inflation around 31%), Nigeria $92.1 billion (inflation around 16%), Venezuela $44.6 billion (inflation over 170%), and Bolivia $14.8 billion (inflation around 22%). https://t.co/xSblFPz1Xu ...
X @CoinMarketCap
CoinMarketCap· 2025-11-26 01:10
LATEST: 🇿🇦 South Africa's central bank named crypto assets and stablecoins a new financial risk in its latest stability report, noting that combined users on the country's three largest exchanges were 7.8 million as of July. https://t.co/7fnwLVF8hS ...