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South Korea’s Financial Intelligence Unit (FIU) is reinforcing its Anti-Money Laundering (AML) laws to address rising financial crimes involving cryptocurrencies. The Financial Services Commission (FSC) held a key meeting to discuss countermeasures against evolving money laundering techniques. Strict AML regulations now operate at the FIU because financial offenses involving cryptocurrency have increased. A meeting of the AML Inspection Trustee Council at the FIU on March 5th 2025 took place to evaluate AML risk components and create updated AML framework rules. Head Park Kwang of FIU conducted meetings with representatives from 11 institutions which included the Financial Supervisory Service and Ministry of the Interior and Safety and other financial officials for the discussions. The council’s main focus was strengthening regulations to curb illicit transactions facilitated by cryptocurrencies. The FIU identified new money laundering methods, including virtual accounts and unauthorized remittance practices, requiring immediate regulatory intervention. Authorities are developing tailored annual inspection plans to mitigate these risks. The AML Inspection Trustee Council concentrated on refining AML oversight mechanisms to prevent fraudulent activities. Officials discussed strategies to enhance compliance and improve real-time detection of suspicious transactions. A priority remains to ensure uniformity in AML inspections across institutions to eliminate regulatory loopholes. Authorities are aligning these measures with international regulatory efforts. The FIU’s latest initiatives mirror global trends where financial regulators are tightening controls on crypto-related transactions. The focus is on improving AML frameworks to address vulnerabilities that cybercriminals exploit. The FIU is forming a ‘People’s Livelihood Crime AML Joint Response Team’ in collaboration with financial agencies. This team will actively detect and address AML weaknesses, working closely with relevant institutions. Strengthening financial security remains a top objective amid the rise in crypto-related crimes. DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Robert Kiyosaki, the author of Rich Dad Poor Dad, has criticized those who sold Bitcoin during the recent market downturn. He stated that instead of selling, he took the opportunity to purchase more BTC. Kiyosaki has been a consistent advocate of Bitcoin, referring to it as a hedge against inflation and economic instability. His decision to buy more Bitcoin reinforces his belief in its long-term value despite ongoing price fluctuations. Through public announcements, Kiyosaki maintains his endorsement of Bitcoin together with gold and silver as protection from government-monitored financial systems. According to his position traditional currencies depreciate in value because of government policies promoting new money supply. In his recent post by Bitcoin Magazine on X, Kiyosaki specifically talked to Bitcoin holders about the crash, in which he labeled sellers as “losers.” He purchased additional Bitcoin instead of leaving the Bitcoin market. The expert stands by his Bitcoin stance by purchasing more BTC whenever the market declines. He uses this buying strategy as part of his plan, which focuses on acquiring valuable assets throughout uncertain market periods. Through several years he has consistently pushed people to build up resources that evade direct control by government authorities. At present, he stands firm on Bitcoin after market instability triggered no modification in his positio,n as stated in recent statements. Kiyosaki stated that market downturns present chances to buy assets at lower prices. He believes that downturns provide favorable conditions for those looking to increase their holdings. His decision to buy more Bitcoin aligns with this approach, as he continues to acquire the asset during price dips. He maintains that Bitcoin holds long-term potential despite temporary market declines. Bitcoin’s value has experienced significant fluctuations, but Kiyosaki remains confident in its long-term outlook. His repeated purchases during dips suggest that he views the asset as a stable store of value. While market conditions continue to shift, his actions demonstrate a firm belief in Bitcoin’s role in the global financial system. His recent statement indicates that he views selling during downturns as a short-sighted approach. DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

🚨 LATEST: Bitwise CIO Matt Hougan says that Trump’s crypto reserve will be “nearly entirely Bitcoin, and it will be larger than people think.”

Some highlights of the crypto summit will be held tomorrow A question arises : Will the cryptocurrency build its building on the central point of the market? the White House Crypto Summit on Friday unveils the hidden crypto further plans. The first-of-its-kind event could potentially mark the launch of the U.S. strategic crypto reserve. Most of the industry leaders and members of President Donald Trump's crypto task force are expected to attend. ⁿMeanwhile, bitcoin and cryptocurrency prices rebounded modestly on Wednesday, ahead of the summit. The White House Crypto Summit will take place from 1:30 p.m. to 5 p.m. ET on Friday, March 7. David Sacks, President Trump's AI and crypto czar, is expected to lead the affair. Bitcoin and ethereum are two blue-chip cryptos that were considered prime candidates for the strategic reserve. But the inclusion of SOL, XRP, and ADA was a bit of a surprise.. People are anxiously  waiting for the day . They want something new and a plan for digital currency. Bull run expected to happen , you will see the rise in alt coins as well as big crptos to rise at peak .

5/ Now something to take into consideration with stocks, I do not care how much hate I get with this, I have been very accurate with the stock cycle since the bottom and I am truly proud of that as well hence why I will say it. This helped lots of people and now I will still call it the way I see it- I have always said it could go to May, meaning end of April. I tracked semiconductors as a good baseline to see when weakness comes in the NDQ. NDQ cycle is SLIGHLTY ahead of SPX but with very small % differences with tops the main trend ( main cycle ) is clear on all of them and HAS been clear. It means a month or 2 with such a cycle being accurate is not beneficial form risk to reward ratio when it could have been the top already- even if it pushes another leg into April. This bear div is the same on BTC. and the correlation this cycle to NDQ between BTC has been very high. If you want an exact nr then comment and I will work it out but its been high and tight. You can see trend getting weaker and busy flipping. (again even with a slight push it would be on weakness)