Two police officers in South Korea were formally indicted on Nov. 28 for allegedly accepting bribes and facilitating a cryptocurrency money laundering network involving 250 billion won ($186 million), Solid Intel reports. The charges relate to bribery connected to the operation of the laundering scheme.

U.S. House Judiciary Committee Democrats released a report on Nov. 28 alleging that Trump and his family leveraged presidential powers to generate $800 million from cryptocurrency ventures in the first half of 2025, Decrypt reports. The Trump family's combined crypto and stock holdings reached $11 billion, effectively doubling their wealth within a year. The report detailed specific actions including pardons for BitMEX founder Arthur Hayes in March 2025 and Binance founder CZ in October 2025, alongside termination of investigations into Coinbase, Gemini, Robinhood, Ripple, Crypto.com, Uniswap, Yuga Labs, and Kraken. Democrats concluded the administration operated a "pay-to-play" model, with foreign entities purchasing Trump family-issued tokens in exchange for regulatory relief and policy advantages.

The International Monetary Fund warned on Nov. 28 that tokenized markets face escalating flash crash risks and that governments are likely to intervene, Cointelegraph reports. While tokenization enables faster and cheaper transactions, the IMF said automated trading could amplify volatility and flash crash probability. Complex smart contract chains may trigger chain reactions during market stress, turning localized problems into systemic shocks. The IMF predicts governments will take more active roles in the tokenization sector rather than remain passive observers.

KuCoin EU secured a MiCAR license in Austria on Nov. 28, enabling compliant digital asset services across 29 EU member states, the company announced. The authorization aligns the platform with global regulatory standards and advances KuCoin's compliance strategy. KuCoin said it will continue promoting industry stability through its $2 billion trust initiative and security certifications.

South Korea's Financial Services Commission will extend its Travel Rule requirements to cryptocurrency transfers below 1 million won (approximately $680), FSC Chairman Lee Bok-hyun said at the 19th Anti-Money Laundering Day event on November 28. The expanded rule mandates domestic virtual asset service providers to collect sender and receiver names and wallet addresses for all transactions under the current threshold. The FSC will prohibit transactions with high-risk overseas exchanges and establish stricter vetting procedures for virtual asset operators and major shareholders, covering criminal records, financial standing, and social credibility.

The UK's HM Revenue and Customs published consultation results on Nov. 27 treating deposits into Aave as not constituting a disposal for capital gains tax purposes, establishing a "no gain, no loss" approach, Aave CEO Stani.eth said. The proposed framework benefits UK DeFi users seeking to borrow stablecoins against crypto collateral. Stani.eth said the tax treatment reflects the economic reality that users borrowing against collateral for liquidity needs do not intend to dispose of their assets, and expressed support for incorporating the changes into UK tax law.

The European Central Bank held its policy rate unchanged on Nov. 27, with meeting minutes revealing divergent views among officials on the monetary policy trajectory, Jin10 reports. Some members argued the rate reduction cycle has concluded given favorable outlooks, while the majority assessed inflation risks as two-directional with heightened uncertainty compared to prior periods. The minutes stated the central bank's strategic stance should avoid fine-tuning for modest, temporary inflation fluctuations around targets, adjusting only when significant medium-term deviations are anticipated.