Golden Finance roundup: South Korea plans to January launch a crypto tax next year; Coins.ph implicated in offshore gambling, among other developments
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AT A GLANCE
This roundup covers crypto regulation, judicial enforcement, institutional transactions, and virtual-currency cases, but provides headline information only.
Article
【Golden Finance】
International 1.【US Department of Justice arrests people and seizes 187 devices in crackdown on North Korean laptop farms】2.【SBF files for rehearing with the US Supreme Court, seeking to overturn 11000000000 USD forfeiture order】3.【Author of The Bitcoin Standard: Bitcoin will be less volatile than gold and larger in scale】4.【US Treasury fines Bank of America nearly 2000000000 USD for money laundering and sanctions violations】5.【South Korea plans to January launch a crypto tax next year; overseas transactions and crypto cards remain regulatory blind spots】6.【BNY Mellon and Citadel Securities complete a triparty repo transaction involving tokenized US Treasuries】7.【Philippine crypto exchange Coins.ph allegedly served offshore gambling platforms and may face central-bank penalties and the risk of license revocation】8.【A Saudi employee was arrested on suspicion of concealing recording equipment in an OpenAI conference room】
Domestic 1.【Shandong police solve a virtual-currency theft case and trace on-chain funds to identify suspects】
Key points
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Golden Finance reports that the US Department of Justice arrested people and seized 187 devices in a crackdown on “North Korean laptop farms.”
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Golden Finance reports that SBF filed for rehearing with the US Supreme Court, seeking to overturn 11000000000 USD forfeiture order.
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The author of The Bitcoin Standard said that Bitcoin will be less volatile than gold and larger in scale.
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Golden Finance reports that the US Treasury fined Bank of America nearly 2000000000 USD for money laundering and sanctions violations.
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Golden Finance reports that South Korea plans to January launch a crypto tax next year, while overseas transactions and crypto cards remain regulatory blind spots.
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Golden Finance reports that BNY Mellon and Citadel Securities completed a triparty repo transaction involving tokenized US Treasuries.
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Golden Finance reports that Coins.ph allegedly served offshore gambling platforms and may face penalties from the Philippine central bank and the risk of license revocation.
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Golden Finance reports that a Saudi employee was arrested on suspicion of concealing recording equipment in an OpenAI conference room.
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Golden Finance reports that Shandong police solved a virtual-currency theft case and traced on-chain funds to identify suspects.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This is a set of headline-style news items covering government enforcement, a court filing, crypto taxes, institutional use of tokenized US Treasury transactions, exchange compliance risks, and virtual-currency theft cases. The headline terms “allegedly,” “plans,” “seeking,” and “may face” indicate that some matters remain at the allegation, planning, application, or risk stage and should not be understood as having received final confirmation or already been implemented.
Why it matters to readers
These reports may affect users’ assessment of crypto-asset compliance, exchange security, and institutional adoption of blockchain-related transaction methods, but the original text provides no announcements, court documents, transaction details, or market reactions.
Beginners should distinguish between completed matters, planned matters, and allegations that have not been adjudicated. Do not infer solely from headlines that a policy has already taken effect, that the relevant party has already acted unlawfully, or that asset prices will necessarily change.
Risks and unknowns
The original text is a multi-item headline roundup and does not include original announcements or independently verified materials.
The specific year, scope, tax rates, and implementation details of South Korea’s crypto tax cannot be confirmed from the original text.
The investigation status, evidence, penalty outcome, and license status concerning Coins.ph remain unclear.
Related Developments
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SBF It is unknown whether the rehearing petition will be accepted or what its subsequent outcome will be.
No document details are provided for the US Treasury fine, US Department of Justice enforcement action, or related arrests.
The amount, structure, and participation arrangements of the tri-party repurchase transactions involving tokenized U.S. Treasuries are not specified.
The Bitcoin-related statement by the author of The Bitcoin Standard is a prediction, and its outcome cannot be confirmed.
Related concepts
forfeiture order
This term is not in the glossary yet. Browse related concepts in the glossary.
