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Digital Assets

South Korea sanctions 15 North Koreans for crypto heists and cyber theft

The sanctioned agents were allegedly generating funds for North Korea’s nuclear weapons development program.

North Korean hackers are being pursued by governments worldwide that blame them for more than half of the value of cryptocurrency stolen during 2024.

Hackers like the infamous Lazarus Group are prime suspects in some of the most notorious cyber thefts in Web3, including the $600 million Ronin network hack.

South Korea is the latest country to impose sanctions against 15 North Korean IT organization members and one related group.

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Pro-crypto lawyer John Deaton offers to probe Operation Chokepoint 2.0

Nokia files patent for digital asset encryption device and program

A Nokia patent application shows that the company may be moving into digital asset encryption.

Finnish telecom company Nokia filed for a patent on a “device, method and computer program” that can encrypt digital assets. 

On Dec. 23, the China National Intellectual Property Administration (CNIPA), patent office of the People’s Republic of China, disclosed that Nokia Technologies had applied for the digital asset encryption patent.

According to English translations of the application, the patent is for a device and a program with a component that encrypts digital assets.

Translation of filing CN 119155674 A by Nokia Technologies. Source: CNIPA

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Pro-crypto lawyer John Deaton offers to probe Operation Chokepoint 2.0

Michael Saylor Presents Framework for Digital Assets to Strengthen U.S. Leadership

Michael Saylor Presents Framework for Digital Assets to Strengthen U.S. Leadership.Michael Saylor, co-founder and executive chairman of Microstrategy, has presented a framework that aims to position the U.S. and the dollar as leaders of the global digital economy. Defining what digital assets are, establishing a simplified responsibility model, and specifying standards for their issuance, are Saylor’s ideas to achieve this goal. Michael Saylor Introduces Guidelines […]

Pro-crypto lawyer John Deaton offers to probe Operation Chokepoint 2.0

US Senator: New Treasury Secretary Will Champion Digital Assets

US Senator: New Treasury Secretary Will Champion Digital AssetsA senator hails Scott Bessent as a champion for digital assets, backing his Treasury Secretary nomination to advance a Strategic Bitcoin Reserve and reshape U.S. fiscal policy. The Pro-Crypto Leader Poised to Shape US Fiscal Policy U.S. Senator Cynthia Lummis (R-WY) has voiced firm backing for President-elect Donald Trump’s selection of hedge fund manager Scott […]

Pro-crypto lawyer John Deaton offers to probe Operation Chokepoint 2.0

Ukraine set to legalize crypto by 2025 under strict regulations

Ukraine plans to legalize cryptocurrencies by early 2025, applying standard taxation rules without offering tax incentives.

Ukraine reportedly plans to legalize cryptocurrencies in early 2025, according to Daniil Getmantsev, head of the tax committee of the Verkhovna Rada, but the legislation will not include tax breaks.

The draft bill, currently under review, is expected to be finalized by early 2025 in coordination with the National Bank of Ukraine (NBU) and the International Monetary Fund (IMF). Its primary aim is to regulate digital assets while ensuring fiscal oversight.

Despite earlier speculation around possible tax incentives, standard taxation rules similar to securities trading will be applied under the legalized framework — meaning all profits from crypto transactions will be taxed upon conversion to fiat currencies.

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Pro-crypto lawyer John Deaton offers to probe Operation Chokepoint 2.0

Australian Regulator Seeks Public Input on Crypto-Asset Regulations

Australian Regulator Seeks Public Input on Crypto-Asset RegulationsThe Australian Securities and Investments Commission (ASIC) is seeking public input on various issues, including the application of existing regulations to digital assets. A Well-Regulated Financial System for All The ASIC has released a consultation paper proposing updates to Information Sheet (INFO) 225 on crypto-assets. The regulator said the evolving digital asset market necessitates updating […]

Pro-crypto lawyer John Deaton offers to probe Operation Chokepoint 2.0

Dubai Police Teams Up With Crystal Intelligence to Tackle Crypto Crime

Dubai Police Teams Up With Crystal Intelligence to Tackle Crypto CrimeDubai Police has partnered with blockchain analytics firm Crystal Intelligence and virtual asset broker-dealer Bitoasis to enhance security and combat economic crimes in the digital asset space. Making Dubai the ‘Safest City in the World’ Blockchain analytics firm Crystal Intelligence recently announced a partnership with the Dubai Police to identify and predict future economic crimes […]

Pro-crypto lawyer John Deaton offers to probe Operation Chokepoint 2.0

Impact of Digital Assets on Financial Stability Minimal: NY Fed Report Says

Impact of Digital Assets on Financial Stability Minimal: NY Fed Report SaysThe New York Federal Reserve’s report evaluates the financial stability implications of digital assets within the context of the broader financial system. Digital Assets Pose No Risk to Global Financial System The New York Federal Reserve’s recent report on digital assets provided a look at their potential risks to financial stability. The report stated that […]

Pro-crypto lawyer John Deaton offers to probe Operation Chokepoint 2.0

2021 Bull Run Déjà Vu? Altcoin Market Gains Momentum

2021 Bull Run Déjà Vu? Altcoin Market Gains MomentumAs bitcoin catches its breath on the sidelines, a wave of digital currencies is charging ahead, making big moves. Meanwhile, the infamous Altcoin Season Index is climbing, signaling exciting times for traders who love the chaos of alternative crypto markets. Bitcoin Takes a Breather as Altcoins Steal the Show According to the Altcoin Season Index […]

Pro-crypto lawyer John Deaton offers to probe Operation Chokepoint 2.0

Altcoins Shine as Crypto Economy Hits $3.29T: OM, XLM, ADA and XRP Drive the Frenzy

Altcoins Shine as Crypto Economy Hits .29T: OM, XLM, ADA and XRP Drive the FrenzyThis week, the crypto economy soared to an astounding $3.29 trillion. Bitcoin (BTC) rose by 10%, while ether (ETH) followed closely with a 9% uptick. Meanwhile, a wide array of alternative digital currencies posted impressive gains, with many achieving growth in the double- and even triple-digit range. From DOGE to XLM, Crypto Market Thrives As […]

Pro-crypto lawyer John Deaton offers to probe Operation Chokepoint 2.0