Headlines

South Korea’s Supreme Court Expands Bitcoin Seizure Powers, With October Rollout Set to Speed Claims

Key Takeaways South Korea’s Supreme Court announced draft civil enforcement rules to systematically seize and freeze bitcoin. The rules allow courts to convert illiquid tokens into highly liquid assets to stabilize the crypto market. The National Court Administration will collect public opinions until Aug. 11 ahead of an October rollout. New Rules on Asset Seizure…

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Coinbase Prediction Market AI Claims Norway Beat Brazil Before Match Even Started

Traders have become highly active in FIFA World Cup markets, increasing sensitivity to any misleading automated alerts. Coinbase CEO Brian Armstrong has said the exchange is investigating an AI-generated prediction market alert after the platform mistakenly sent users a “breaking news” notification of a supposed Norway 3-2 win against Brazil in the ongoing FIFA…

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LANDBANK Waives InstaPay, PESONet Transfer Fees Starting July 7

State-run Land Bank of the Philippines (LANDBANK) has eliminated transaction fees for retail online fund transfers via InstaPay and PESONet effective July 7. The state-owned lender announced that the zero-fee policy applies to transactions executed through its online retail channels, including the LANDBANK Mobile Banking App and iAccess. According to a company statement, the waiver…

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