U.S. Sanctions Crypto Entities Linked to Ruble-Backed Stablecoin and Closed Exchange
The U.S. Treasury has imposed restrictions on a network associated with the Russian crypto market, citing illegal activities and sanctions evasion.

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The U.S. Treasury has imposed restrictions on a network associated with the Russian crypto market, citing illegal activities and sanctions evasion.
South Korea's decision to halt its central bank digital currency project in lieu of private stablecoins could dampen demand for a won-backed digital asset.
The recent executive order could shift the retirement investment landscape by allowing digital assets in 401k plans, but challenges remain in participant decision-making.
Do Kwon pleads guilty to conspiracy and wire fraud, revealing his involvement in misleading investors regarding the UST stablecoin.
T3 Financial Crime Unit has made significant strides in combating crypto-related crimes by freezing vast amounts of illicit assets, now launching a program to enhance global enforcement.
Do Kwon from Terraform Labs is expected to change his plea in an upcoming court hearing regarding fraud charges.

The new venture named Anchorpoint aims to create a framework for issuing licensed stablecoins in Hong Kong, alongside Hong Kong Telecom.
The protracted legal battle between Ripple Labs and the U.S. Securities and Exchange Commission officially comes to an end.
The decision enables a wider range of investments, including cryptocurrencies, for retirement plans.
Paxos faces substantial penalties from New York's financial authority, including commitments to bolster its compliance framework amid regulatory scrutiny.
The Financial Conduct Authority's new regulation will allow U.K. retail investors to purchase crypto exchange-traded notes (cETNs) from October 8, 2025.
The SEC's new Crypto Task Force will travel to 10 cities to listen to concerns from smaller crypto ventures.

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