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Crypto

Japan FSA raises concerns over crypto firms steering users to dealer model

Japan\'s Financial Services Agency has voiced concern that crypto firms may steer users toward the more profitable dealer model, and plans to examine whether trading screen layouts and guidance nudge customers into unfavorable choices. It said it discussed the issue with an industry body in July. The agency will continue talks based on firms\' legal duty to act fairly. It will also tighten face-to-face ID verification from April 2027 and urged compliance with FATF-related measures.

Industry

Korea science ministry pitches next-generation nuclear vision at IAEA, backs SMRs and offshore nuclear power

South Korea\'s Ministry of Science and ICT introduced plans at the International Atomic Energy Agency\'s general conference to develop next-generation nuclear technologies, including small modular reactors and offshore nuclear power, and to expand international cooperation. First Vice Minister Ku Hyeok-chae delivered a keynote address and held bilateral meetings with senior officials from countries including Singapore and Canada. He reaffirmed commitments to the global non-proliferation regime and pledged cooperation on international issues.

Crypto

North Korea\'s Lazarus suspected of cashing out $30 million in bitcoin, raising U.S. regulatory risks

Wallets assessed to be linked to North Korea\'s Lazarus group are suspected of selling more than $30 million in bitcoin on decentralised derivatives platform Hyperliquid over the past three weeks. The funds were then converted into ether and solana and moved to centralised exchanges including Kraken, LBank and KuCoin. The activity comes as Hyperliquid pursues U.S. market entry, putting sanctions and anti-money laundering issues in focus.