Vitalik will attend EDCON 2024 today and give a speech on The Next Decade of Ethereum
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US Treasury Moves to Block Huione Group Over Alleged Ties to North Korean Crypto Laundering
The U.S. Treasury Department is targeting the Cambodia-based Huione Group over allegations of laundering billions in illicit cryptocurrency, including funds connected to North Korea’s Lazarus Group. They propose cutting the firm off from the American financial system.
UK Releases Draft Crypto Regulation Order, Excludes DeFi from Scope
The UK government has released a draft version of its much-anticipated legislation to bring cryptoasset activities under financial regulation, taking another step toward formal sector oversight. The proposal, which amends the Financial Services and Markets Act 2000 (Regulated Activities) Order (RAO), is now open for technical review.
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