Reported by Jun Ji-hye (Excerpt shared below. To read full report, go to: https://www.koreatimes.co.kr/amp/economy/cryptocurrency/20251029/korea-makes-first-legislative-move-to-curb-money-laundering-via-stablecoins) Korea is set to introduce its first legislative measure to bring stablecoins under the Foreign Exchange Transactions Act as part of efforts to block money laundering and tax evasion involving digital assets, National Assembly officials said Tuesday. Stablecoins are digital currencies […]

Reported by Owen Walke (Excerpt shared below. To read full report, go to: https://www.ft.com/content/d684d464-c719-4f7a-bc63-4ff0682e0561) A former Citibank relationship manager pleaded guilty and was sentenced to two years in jail on Thursday in connection with helping a Chinese gang launder money into Singapore in one of the city-state’s biggest financial scandals. Wang Qiming was the first […]