Crypto exchanges face ban in South Korea as Google Play updates rules
Google will require proof of FIU registration acceptance for crypto apps, raising compliance hurdles for offshore exchanges serving South Korean users.
The restructuring comes as the company integrates new payments assets and narrows its mandate, with several employees saying on X that they were affected by the layoffs.
KBC Bank to launch Bitcoin and Ether trading in Belgium under MiCA
The lender will offer crypto trading through its Bolero platform as Belgium’s MiCA rules take effect, despite no licenses yet appearing on the ESMA’s register.
Nexo to pay $500K fine to California regulator over ‘risky loans’
California’s finance watchdog claims Nexo made nearly 5,500 loans to Californians without a valid license and did not properly assess their ability to repay.
Kaito winds down crypto-backed ‘Yaps’ as X bans payments for ‘AI slop’
The Kaito.ai and Cookie DAO tokens fell over 15% after X’s ban, a move X’s head of product Nikita Bier said should improve user experience on the social media platform.