South Korean lawmakers seek expanded FIU powers over unregistered crypto firms

The proposal would let the FIU investigate suspected violations and refer unregistered crypto operators directly to law enforcement. A group of South Korean lawmakers has introduced a bill to amend an existing financial law and expand the Financial Intelligence Unit’s (FIU) authority to investigate unregistered crypto businesses. On Thursday, People Power Party lawmaker Eom Tae-young…

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US debt tops $40T stoking debate on what it means for Bitcoin

Analysts say the $40 trillion debt milestone could bolster Bitcoin’s long-term case, even as Treasury yields, dollar strength and liquidity remain key near-term drivers. As US federal debt tops $40 trillion for the first time, there is renewed debate over whether mounting government borrowing could strengthen Bitcoin’s case as a scarce, non-sovereign asset. Interest costs…

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