What Are Your New Month’s Crypto Plans?

Hello there!

Welcome to another crypto news roundup. We hope you enjoyed your Bitcoin Pizza Day celebration. Before we go into the news proper, we at Coinigy just want to check in on you to know how your crypto journey went this May.

A new month is starting, and this would be the best time to review your coins and trading strategy. It’ll help you plan better for June. Remember, Coinigy is always here to help you simplify your portfolio management.

One more thing; which meme coin caught your attention last week?

Here are the highlights of last week:

• Binance helped US authorities freeze $4.4M linked to North Korean cybercrime organizations
• Japan’s crypto Anti-Money Laundering measures to start in June
• Tether and KriptonMarket support USDT transactions in Argentina's Central Market
• Do Kwon's detention in Montenegro extended after high court decision to revoke bail

Binance helped US authorities freeze $4.4M linked to North Korean cybercrime organizations

The leading crypto exchange Binance disclosed that they managed to trace and freeze $4.4 million of funds tied to terrorist organizations connected to North Korea. Indeed, North Korea’s hackers were a pain in the rear end for many blockchain enthusiasts in 2022.  Read the full news.

Japan’s crypto Anti-Money Laundering measures to start in June

In a decisive move to combat money laundering and bring its regulations in line with global standards, the Japanese government has announced the implementation of stricter anti-money laundering measures to track cryptocurrency asset transactions, effective from June 1. Here’s the complete story.

Tether and KriptonMarket support USDT transactions in Argentina's Central Market

Argentinians can now purchase dairy produce with the USDT stablecoin at the Central Market of Buenos Aires — one of the largest movers of fruits and vegetables in Latin America. The move was enabled by a partnership between the stablecoin issuer Tether and on- and off-ramp platform KriptonMarket. Here’s the full story.

Do Kwon's detention in Montenegro extended after high court decision to revoke bail

Terraform Labs co-founder Do Kwon will remain in detention while he faces charges of falsifying official documents in Montenegro after a request for bail was approved and later revoked, according to a court statement from Thursday. Read the full story.

Other highlights worth mentioning

• World Economic Forum Thinks it Knows How to Fix Crypto Policy – Blockworks
• Binance Expects to Launch New Thai Crypto Exchange in Q4 2023 – Decrypt
• Fed Data Shows Most Crypto Holders Stuck Around in 2022 Bear Market – The Defiant
• Blockchain.com CEO says US default would hit crypto initially – Reuters