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🇸🇬The Singapore authorities have frozen $1.8 billion related to the laundering of cryptocurrencies.
In mid-August, the police arrested ten Chinese citizens on suspicion of involvement in money laundering and forgery of documents. According to the statement, they allegedly legalized the proceeds of organized criminal activities abroad, including online fraud and gambling.
The detainees were refused bail, citing the risks of escape due to the presence of false passports.
@Сryptoz ₿
🇰🇷 The city of South Korea plans to launch its own blockchain!
- The Busan blockchain will be compatible with Ethereum (#ETH) and Cosmos (#ATOM).
- In the first half of 2024, an exchange for trading tokenized assets will be launched in the second largest South Korean city.
- A blockchain fund worth $75,000,000 has been created for implementation.
@Сryptoz ₿
🍎 Apple explores launching built-in stock trading on iPhones.
Apple was exploring the launch of an iPhone feature that would let users buy and sell stocks, according to three sources familiar with the plans.
The offering would have been in partnership with Goldman Sachs, which has worked with Apple on other financial products.
👉🏻 Bitcoin next? 🥇
@Сryptoz ₿
🛢 Bloomberg: High oil prices will lead to an increase in inflation!
- The price of $ 100 per barrel is a red flag for the world central banks in the fight against inflation.
🔳 WSJ:
- The next call of the #Fed: oil at $ 100.
- Reduced production in Saudi Arabia and record demand led to a 26% increase in oil prices this quarter.
- Rising oil prices may trigger an increase in inflation in other sectors.
📌 Today is the Fed meeting
@Сryptoz ₿
🇵🇭 Union Bank has received a crypto license in the Philippines!
- Union Bank is the only bank in the country that can provide crypto services.
- It is expected that the bank's customers will be able to trade BTC directly through the app by the end of 2023.
- Also, the SEC of the Philippines and the United States have teamed up to combat fraud in the crypto industry.
@Сryptoz ₿
According to a Coinbase study, 52 million Americans own cryptocurrencies.
Almost nine out of ten (87%) Americans believe that the financial system needs to change, and half (51%) of Americans believe that America's financial system is not fair. Most believe that the system benefits everyone except people like themselves, and only 14% are optimistic about the future of the financial system.
@Сryptoz ₿
