Cryptocurrency Live News & Updates : Sweden intensifies crypto asset seizures without crime proof
Sweden's Justice Minister has directed law enforcement to increase the confiscation of unexplained cryptocurrency holdings, even in the absence of direct evidence of criminal activity, under a new law. Sweden's crackdown on cryptocurrency is intensifying as Justice Minister Gunnar Strömmer orders law enforcement to seize unexplained digital assets without needing proof of a crime. This directive follows a law that has already led to the confiscation of $8.4 million in assets. Meanwhile, the market sees significant movements, with the Humanity token surging 40% amid a broader altcoin dip, driven by its recent listing on a major South Korean exchange. In the meme coin sector, PEPE rallies as whale activity hints at potential growth for Pepeto, a new player focusing on sustainable growth and utility. Additionally, Maple Finance's SYRUP token is gaining traction as smart money investors accumulate during a dip, reflecting confidence in its growth potential. On the regulatory front, Turkey has banned PancakeSwap and other decentralized exchanges, raising concerns about the future of platforms like Uniswap. This regulatory environment highlights the ongoing tension between innovation in the crypto space and the need for oversight, as countries grapple with the implications of digital assets on their economies. Show more
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Economic Times
6 hours ago
- Economic Times
Cryptocurrency Live News & Updates : Sweden intensifies crypto asset seizures without crime proof
05 Jul 2025 | 01:55:13 AM IST Sweden's Justice Minister has directed law enforcement to increase the confiscation of unexplained cryptocurrency holdings, even in the absence of direct evidence of criminal activity, under a new law. Sweden's crackdown on cryptocurrency is intensifying as Justice Minister Gunnar Strömmer orders law enforcement to seize unexplained digital assets without needing proof of a crime. This directive follows a law that has already led to the confiscation of $8.4 million in assets. Meanwhile, the market sees significant movements, with the Humanity token surging 40% amid a broader altcoin dip, driven by its recent listing on a major South Korean exchange. In the meme coin sector, PEPE rallies as whale activity hints at potential growth for Pepeto, a new player focusing on sustainable growth and utility. Additionally, Maple Finance's SYRUP token is gaining traction as smart money investors accumulate during a dip, reflecting confidence in its growth potential. On the regulatory front, Turkey has banned PancakeSwap and other decentralized exchanges, raising concerns about the future of platforms like Uniswap. This regulatory environment highlights the ongoing tension between innovation in the crypto space and the need for oversight, as countries grapple with the implications of digital assets on their economies. Show more
Time of India
10 hours ago
- Time of India
MP's Reena wins 2 karate silver medals at World Police Games in US
Bhopal: MP Police constable Reena Gurjar clinched two karate silver medals at the World Police Games in Birmingham, USA, building upon her previous year's achievement of two gold medals. Reena showcased outstanding performance in both Kata and Kumite events. In Kumite, she triumphed over Brazilian officer Alencar before falling to the Philippines' officer Bejeramo in the final bout. Talking to TOI, Reena shared her initial expectations: "I won the gold medal last year by defeating a player from the Philippines, but this year I had to settle for silver. I will try my best to win the gold medal again next year." Her Kata performance saw her progress to the finals after defeating a South Korean competitor in the semi-finals, resulting in another silver medal. Hailing from Rajgarh, Reena received training at the MP Martial Arts Academy between 2009 and 2012. "The academy did wonders for me. Whatever I learned from there helped me reach such a height. I am also a coach there now," she reflected. She attributes her success to family backing and commitment: "Whatever I am able to do today, I am able to do it only because of my family and discipline. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Giao dịch vàng CFDs với sàn môi giới tin cậy IC Markets Tìm hiểu thêm Undo My mother and my sister supported me a lot. Apart from this, I always maintained discipline in sports and practice." Reena acknowledged academy support. "Without the support of the department, it was not possible to win this medal. The sports department has given me all kinds of support. The DGP and Director Sports have been very supportive to me." Her initial karate coaching came from Coach Jaidev Sharma during her academy tenure. "I can claim that the facilities being provided by the academy are some of the best available facilities in the country," she stated. Having secured around 15 gold medals in national events, Reena maintains her focus on upcoming competitions after her World Police Games achievement. "I believe in performing wherever I play. I will keep doing that," she affirmed.
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Business Standard
13 hours ago
- Business Standard
Cochin Shipyard inks pact with Korea's KSOE to boost maritime cooperation
Cochin Shipyard Limited (CSL) on Friday announced that it has entered into a memorandum of understanding (MoU) with South Korean shipbuilder HD Korea Shipbuilding & Offshore Engineering Co. Ltd. (KSOE) to collaborate across various areas of shipbuilding and maritime development. The agreement aims to establish long-term cooperation between the two companies, the public sector undertaking (PSU) said in an exchange filing. According to CSL, the MoU outlines cooperation in several key areas, including joint exploration of new building opportunities in India and overseas, sharing of technical expertise, and identifying ways to improve productivity and capacity utilisation. The two companies will also work together to upskill their workforce and explore further collaboration in shipbuilding-related projects. KSOE is one of the world's major shipbuilding and marine engineering firms and manages the operations of Hyundai Heavy Industries, Hyundai Mipo Dockyard, and Hyundai Samho Heavy Industries, CSL said. Cochin Shipyard Q4 results In the fourth quarter of the financial year 2024–25, Cochin Shipyard reported a net profit of ₹287.18 crore, marking a 10 per cent year-on-year jump from ₹258.88 crore in the corresponding quarter of the previous financial year. The shipbuilder's revenue from operations grew by 36.6 per cent YoY to ₹1,757.65 crore in the fourth quarter of FY25, compared to ₹1,286.04 crore in Q4 FY24. Shares of Cochin Shipyard last traded at ₹2,057.25 apiece on the BSE at the closing of the markets on Friday.
