South Korea’s finance watchdog to sanction more ‘crypto’ exchanges
The Korea Financial Intelligence Unit (FIU) is preparing to impose significant sanctions on four major domestic cryptocurrency exchanges -Korbit, Gopax, Bithumb, and Coinone. The sanctions are a result of violations regarding anti-money laundering (AML) and “know your customer” (KYC) obligations. The FIU has conducted on-site inspections over the past 18 months and will process cases […]
Ukraine targets 60 crypto firms linked to Russian sanctions evasion and war funding
Cryptopolitan news says that, Ukraine has sanctioned 60 crypto companies, including 55 Russian entities, for helping Russia move funds in crypto assets. President Volodymyr Zelenskyy reportedly signed the decree sanctioning the companies. According to Decree No. 465/2025, Ukraine’s National Security and Defense Council is applying “personal special economic and other restrictive measures (sanctions)” on these […]
Sanctioned Russian Giant Rostec Bypasses Banks with Tron-Based RUBx Stablecoin
According to Cryptonews, Rostec, a major Russian state-owned defense conglomerate, has found a way to bypass traditional banking systems. It has revealed its intention to introduce its RUBx stablecoin alongside RT-Pay, a specialized platform designed for cryptocurrency-based transactions. The RUBx token, which maintains a 1:1 peg to the Russian ruble, will function on the TRON blockchain […]