Round-the-clock breaking news from Malaysia.
Two Binance employees were detained at UAE airports for questioning as part of police inquiries into potential financial crimes on the cryptocurrency platform, though the exchange says they were cleared and released.
Cryptocurrency exchange Coinbase has reached a settlement with the US Securities and Exchange Commission over a Freedom of Information Act lawsuit concerning records the agency lost, including messages from former Chair Gary Gensler.
The Financial Action Task Force has warned that organised crime groups are exploiting weaknesses in cryptocurrency regulation to launder billions of dollars in illicit proceeds, with stablecoins becoming an increasingly sophisticated laundering tool.