1. Blum Co-Founder Arrested: Vladimir Smerkis, co-founder of Blum, has been arrested for fraud. The project has gone silent, and there's been no update on the airdrop.
2. UK Crypto Regulations: Starting 2026, the UK will require reporting of all crypto transactions, including names, addresses, and trade information. Non-compliance may result in ยฃ300 fines per user.
3. HK Crypto Laundering Ring Busted: Hong Kong police have arrested 12 individuals in connection with a $15 million crypto laundering scheme involving over 500 bank accounts.
4. Webull Pay x Coinbase Partnership: Webull Pay and Coinbase are launching a joint service in June 2025, offering custody, trading, staking, and $USDC services.
