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South Korean lawmaker leaves political party amid crypto investment controversy

Kim Nam-kuk, a South Korean lawmaker, has announced his departure from the Democratic Party over his alleged crypto dealings while legislating on digital assets. The politician said that he will continue his fight to prove his innocence independently. According to Kim, his departure will relieve party members of the burden brought about by

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Blockchain Association Leaves New York as Federal Regulatory Fight Looms

At the federal level, the Securities and Exchange Commission has taken action against prominent industry players including centralized crypto exchanges Bittrex, Kraken and Gemini, crypto lender Genesis (which is owned by CoinDesk parent company Digital Currency Group) and individual actors such as Tron founder Justin Sun in recent months, deepening

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Crypto Neobank Wallbit Leaves Venezuela Due to Sanctions – Exchanges Bitcoin News

Wallbit, a crypto-enabled neobank, announced it would stop serving users in Venezuela after its banking partner in the U.S. called on it to do so. The platform announced this move was the direct result of the economic sanctions that the country is currently facing, and that Venezuelans outside the country

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