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Three foreign nationals convicted of running a human trafficking operation at a Pampanga crypto scam hub will serve life sentences. The operation forced over 1,000 workers to lure targets into fake cryptocurrency investments under brutal conditions, working 16-18 hours daily on one meal per shift.
Stablecoins like USDT and USDC are reshaping how Latin Americans use crypto daily. While Bitcoin remains the region's dominant store of value at 52% of portfolios, stablecoins now account for 40% of all transactions—double Bitcoin's 18% purchase share—according to Bitso's annual adoption report covering its nearly 10 million retail users.
Chairman Michael Saylor defended STRC's Bitcoin-backed model against Ponzi scheme comparisons, with the company's 762,099 BTC holdings providing a cushion for dividend sustainability.
XRP's SuperTrend indicator flipped bullish on the daily chart after a four-month sell signal period. Crypto analyst Ali Martinez identifies $1.55 as the critical resistance level that determines whether XRP rallies to $1.90 or fails.
The Kremlin published a draft bill that would criminalize operating crypto exchanges without a central bank license. The law targets ₱38.71 billion ($648 million) in daily unregulated trading volume and aims to force Russian crypto traders through licensed commercial bank apps.