North Korea-linked actors used newly created tokens on the TRON blockchain to launder at least $24 million after the $1.5 billion Bybit hack in 2025, according to Elliptic. Payward’s xStocks platform added tokenized versions of more than 200 stocks listed in the United Kingdom and European Union, bringing its offering to more than 1,500 assets, with cumulative transaction volume exceeding $45 billion and more than 550,000 unique holders. Hong Kong is preparing a new licensing regime for crypto activities, while police arrested 22 people in a cross-border money-laundering investigation involving more than HKD$150 million. South Korea is considering allowing exchanges to suspend deposits and withdrawals preventively when hacking is suspected, while Thailand has proposed capping stablecoin transactions and banning certain transfers to third-party wallets. Meanwhile, the United States sanctioned 41 entities linked to Cambodia’s Prince Group, Thailand’s securities regulator will block access to Bitget from December 5, and Nomura is considering selling Laser Digital after a fourth consecutive quarterly loss in Europe.
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