🚨🌏WEEKLY CRYPTO UPDATE
1. 🇷🇺 RUSSIA PUSHES STABLECOIN
🔹MinFin urges creation of a non-USD-pegged stablecoin.
🔹Companies testing crypto for cross-border payments.
🔹Central Bank still opposes local crypto use.
2. 🇰🇷 KOREA BLOCKS 14 #EXCHANGES
🔹Apple Store bans unregistered crypto apps like KuCoin & MEXC.
🔹FSC warns: 5 yrs jail + ₩50M fine for violations.
3. 🇸🇬 SINGAPORE'S TARIFF TASK FORCE
🔹Reaction to 10% U.S. tariff.
🔹GDP forecast cut to 0–2%; recession possible.
4. 🇨🇳 CHINA SCAM TARGETED INDIA
🔹¥40M fraud via USDT baiting.
🔹66,800 Indians scammed; 9 sentenced up to 14 yrs 9 months.
5. 🇦🇪 HAYVN FINED $12.45M
🔹Abu Dhabi regulator cites AML failures & forged docs.
🔹License revoked; CEO permanently banned.
🔹Bought 319 BTC (~$27M).
🔹Now holds 4,525 BTC total.
7. 🇸🇬 BITDEER ADAPTS TO TARIFFS
🔹Shifting focus to self-mining in the U.S.
🔹Expanding into Canada, Ethiopia, and AI computing.
8. 🇭🇰 #ETHETF WITH STAKING
🔹OSL + Huaxia Fund launching Asia’s 1st Ethereum Staking ETF.
🔹Launching May 15, code: 3046.HK.
9. 🇭🇰 ASIA HOLDINGS BUYS MORE BTC
🔹Adds 10 BTC (~$807K).
🔹Total holdings: 28.88 BTC, worth ~$2.5M.
10. 🇰🇷 1 IN 3 RICH INVEST IN CRYPTO
🔹Avg. investment: ₩42M.
🔹“Young Rich” under 40 lead the charge in crypto & U.S. stocks.