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BitMEX, KuCoin Among Exchanges Reportedly Facing Sanctions in S. Korea: Here’s Why

South Korean financial authorities are considering imposing sanctions on several crypto exchanges that have failed to comply with local regulations. According to a report from local media Korea Economic Daily, the crypto exchanges include BitMEX, KuCoin, CoinW, Bitunix, and KCEX. S. Korea to Sanction Crypto Exchanges The Financial Intelligence Unit (FIU) of South Korea’s Financial […]

Plume Partners with Pond to Bring AI-Powered Risk Intelligence to RWAfi

[PRESS RELEASE – New York, United States, March 20th, 2025] Plume, the first full-stack L1 RWA Chain, has partnered with Pond, an AI-powered platform for collaborative model creation, ownership, and monetization. This partnership will bring AI-driven risk assessment, credit scoring, and predictive modeling to Plume’s RWA ecosystem, enhancing on-chain financial intelligence for asset issuers, lenders, […]

South Korean Prosecutors Raid Bithumb HQ Over Fund Misuse Allegations

South Korean prosecutors have launched an investigation into Bithumb over allegations that company funds were misused to purchase an apartment for its former CEO. The Seoul Southern District Prosecutors’ Office conducted a search and seizure operation on March 20 at the company’s headquarters in Yeoksam-dong, Seoul. The Alleged Purchase According to local media reports, Bithumb […]

Ripple CEO Pushes for XRP in US Reserves, Keeps IPO Option Alive

Ripple CEO Brad Garlinghouse expects the native token to be included in the White House’s proposed digital asset reserves and anticipates an XRP exchange-traded fund (ETF) to debut before 2025 ends. His comments, made in a Bloomberg Markets interview, followed news that the U.S. Securities and Exchange Commission (SEC) has abandoned its appeal in its […]