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[Japan Finalizes ¥18.3 Trillion Supplemental Budget for Stimulus Package] Japan has finalized a ¥18.3 trillion supplemental budget to fund its economic stimulus package.
Monitoring shows that the giant whale at address 0x519c721De735f7c9E6146d167852E60d60496a47 purchased 4322 ETH worth $13 million from Binance and deposited $4.65 million USDC into Binance, which may be used to continue purchasing ETH. Meanwhile, the address earned $3.5 million in multiple transactions on the HyperLiquid platform. (Onchain Lens)
[Binance Alpha Airdrop Claim Opens Today at 16:00, Points Threshold: 252 Points] Binance Alpha announced that the airdrop claim activity will open today at 16:00 (UTC+8). Users holding at least 252 Binance Alpha points can participate. The airdrop will follow a first-come, first-served rule until the airdrop pool is fully distributed or the activity expires. Specific airdrop token information and more details will be announced later. Users can stay updated through Binance's official channels.
[PDAX: Tokenized Asset Market in the Philippines May Reach $60 Billion by 2030] The Philippine Digital Asset Exchange (PDAX) reports that the tokenized asset market in the Philippines is expected to reach $60 billion by 2030. A jointly released white paper indicates that blockchain tokenization will cover government bonds, stocks, mutual funds, and other investment products. Currently, over 14% of Filipinos hold cryptocurrencies, while the proportion of those holding stocks and bonds is 2.4% and less than 1%, respectively.
[South Korea's Financial Services Commission Chairman Announces Expansion of Crypto Travel Rule Regulations] On November 28 local time, South Korea's Financial Services Commission Chairman, Lee Bok-hyun, stated at the Financial Intelligence Unit's '19th Anti-Money Laundering Day' ceremony that the scope of the 'Travel Rule' regulations will be expanded to include transactions below 1 million Korean won (approximately $680). He emphasized a strict crackdown on money laundering activities conducted through virtual asset transactions. He also announced a ban on virtual asset transactions with overseas exchanges that pose high money laundering risks and plans to establish a rigorous review mechanism to comprehensively examine the criminal records, financial status, and social credit of major shareholders in virtual asset businesses.
[Two South Korean Police Officers Indicted for $186 Million Cryptocurrency Money Laundering Case] Two South Korean police officers have been indicted for allegedly participating in a $186 million (approximately 249.6 billion KRW) cryptocurrency money laundering case. Prosecutors accuse the two of accepting bribes from illegal cryptocurrency exchange points, providing investigative intelligence to criminal groups, assisting in unfreezing accounts, introducing lawyers, and contacting other law enforcement personnel. South Korean authorities have frozen approximately $1.1 million (1.5 billion KRW) in related assets. The money laundering group, led by the main perpetrator and CEO 'A,' operated disguised 'gift voucher shops' as cash-to-crypto exchange points in areas such as Yeoksam-dong, Gangnam District, Seoul, from January to October 2024. They converted funds obtained through voice phishing scams into the stablecoin USDT. To conceal their illegal activities, the shops displayed signs warning against 'voice phishing scams.'