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South Korea proposes ban on credit card payments for cryptocurrencies

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South Korea’s financial regulator is concerned about illegal outflows and money laundering risks from citizens using credit cards to buy crypto from overseas exchanges.

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Coin Market

Buying this Bitcoin dip is a ‘no-brainer’ — Hedge fund manager

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Lekker Capital chief investment officer Quinn Thomspon says this week’s Bitcoin dip shows a “clear invalidation” when compared to previous price stumbles. 

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Crypto startup accuses SEC of ‘massive regulatory land grab’

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Lejilex asked a Texas federal court for a preemptive ruling that would clear it from any potential SEC enforcement action before it launches a crypto exchange. 

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Coin Market

Man turns $88K into $415M with Tesla, then sues after losing it all

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Christopher DeVocht made a large share of his wealth from Tesla options before its share price tanked in 2022, triggering a cascade of problems for the trader.

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