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#UK Authorities Launch Probe into $28 Million Basis Markets #Crypto Scheme The UK's Serious #Fraud Office (SFO) has initiated an investigation into Basis Markets, a #cryptocurrency scheme alleged to have defrauded investors of approximately $28 million. The funds were raised in late 2021 through #NFT sales and a crypto hedge fund. As part of the inquiry, law enforcement conducted raids and arrested two individuals on suspicion of fraud and money laundering. The scheme reportedly stalled in mid-2022, with investors being informed that regulatory changes in the U.S. prevented its continuation. This case represents the SFO's first major foray into a cryptocurrency-related fraud investigation, signaling increased regulatory scrutiny of digital asset schemes in the UK.

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South Korea has launched a major crackdown on #cryptocurrency transactions! The Financial Services Commission (#FSC ) announced on November 28, 2025, that the "Travel Rule" will now be applied to transactions of every size—even those less than $670 (1 million #KRW ). This new framework is designed to prevent "smurfing," a method where criminals move money through numerous small transfers. Now, every exchange must collect the complete information of the sender and receiver. Furthermore, South Korean users will also be blocked from trading on unregistered offshore exchanges. These new rules will be fully implemented by 2026, making #SouthKorea 's crypto sector as regulated as its traditional finance! #BinanceHODLerAT

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OpenSea's CMO, #AdamHollander , has completely denied the rumors of a $150 million SEA token sale! He confirmed that no #Token sale was leaked on Coinbase, and these rumors are utterly "fake." OpenSea is working according to its original schedule, under which the official launch of the #sea token is planned for the first quarter of 2026. Market analysts are considering this situation a good example of why one should not pay #attention to rumors before official confirmation in the crypto space. OpenSea has continued its work to boost market confidence with its plans for community rewards and platform revenue-backed buybacks. Remember: In the crypto market, only take information from verified sources. #BTCRebound90kNext?

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The demand for #Ripple 's stablecoin, RLUSD, is skyrocketing! According to Ripple executive Reece Merrick, #stablecoins have now moved beyond trading to become a powerful tool for global payments. On-chain transfers, which grew from $0.5 trillion in 2020 to a staggering $46 trillion by 2025, have even left traditional payment giants like Visa and Mastercard behind! RLUSD has crossed the $1 billion milestone on Ethereum, and the $XRP Ledger's #DEFİ ecosystem has further boosted its utility. B2B settlements, cross-border remittances, and merchant adoption are turning this stablecoin into the internet's new payment layer. Furthermore, #US regulations like the GENIUS Act and Ripple's push for tokenization are helping RLUSD reach new markets. This is the digital asset that can make your portfolio future-ready for 2026.

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The #UK government has confirmed the legal enforcement of new crypto reporting rules in its 2025 Budget, which will be implemented from 1 January 2026. Under these new regulations, UK-registered #cryptocurrency exchanges will be required to record their customers' personal details, including their cryptocurrency transactions and tax reference numbers. These rules are part of the #OECD 's international agreement under the Cryptoasset Reporting Framework (CARF). The government estimates that this policy will help collect an extra £315 million ($417 million) in tax by April 2030. Exchanges that do not comply with these requirements will face fines of up to £300, and customers who do not provide the required details may also be fined up to £300. Experts state that exchanges will pass these additional compliance costs on to customers, and some traders may also move to non-compliant platforms. #BinanceHODLerAT #BTCRebound90kNext?

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