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China's Crypto Crackdown: $136M Laundering Network Busted | INFbusiness

China’s Crypto Crackdown: $136M Laundering Network Busted

Chinese police have uncovered a large-scale underground banking operation that used cryptocurrency to facilitate cross-border fund transfers, resulting in multiple arrests. According to a report by China National Radio published on February 12, 2025, the network laundered over CNY 1…

Mercado Bitcoin, Plume Network Tokenize $40M in Brazil | INFbusiness

Mercado Bitcoin, Plume Network Tokenize $40M in Brazil

Blockchain firm Plume Network and digital asset platform Mercado Bitcoin announced a new partnership on Wednesday, looking to improve access to Brazilian real-world assets. In a press release shared with Cryptonews, the two firms revealed plans to tokenize $40 million…

Six Men Charged in $15M Crypto Kidnapping Case | INFbusiness

Six Men Charged in $15M Crypto Kidnapping Case

Authorities have charged six men in connection with the October 2024 kidnapping of four people from a Chicago townhouse, forcing them to transfer approximately $15 million in crypto. According to a report from the Chicago Tribune on Wednesday, the victims,…

Ondo and World Liberty Financial Partner for On-Chain Assets

World Liberty Financial (WLF), a Trump-backed DeFi protocol, announced a partnership with Ondo Finance on Wednesday to accelerate the adoption of tokenized real-world assets (RWAs) and bring traditional finance on-chain. 1/ We’re excited to announce a strategic collaboration with @worldlibertyfi…

SEC Reassesses Crypto Task Force’s Enforcement Role | INFbusiness

SEC Reassesses Crypto Task Force’s Enforcement Role

Securities and Exchange Commission (SEC) Commissioner Hester Peirce indicated a shift away from the SEC’s previous reliance on enforcement actions to shape crypto policy in a February 11 interview with Bloomberg. Peirce stated that the SEC is working to change…

Franklin Templeton Expands FOBXX to Solana Blockchain | INFbusiness

Franklin Templeton Expands FOBXX to Solana Blockchain

Trillion-dollar asset manager Franklin Templeton launched its tokenized money market fund, Franklin OnChain U.S. Government Money Fund (FOBXX), on the Solana blockchain on Wednesday. Breaking news: $1.5T AUM firm Franklin Templeton’s tokenized money market fund (FOBXX) is now available on…