Research / Research
Canada Crypto Remittances to Asia Surge 141% to $2.36B
Canadian crypto remittances to India, China, and the Philippines jumped 141% to $2.36 billion, driven by stablecoin usage and high traditional transfer costs.
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Crypto / Exchanges
South Korea Blocks 27 Unregistered Exchange Sites Including KuCoin and MEXC
South Korea's FIU blocked 27 unregistered exchange sites including KuCoin and MEXC, shifting to immediate administrative enforcement without court orders.
Crypto / Exchanges
Bybit Launches Stock Trading and Tokenized mStocks as Part of New Financial Platform
Bybit CEO Ben Zhou unveiled "The New Financial Platform," featuring live U.S. stock trading, upcoming tokenized mStocks, and expanded TradFi products, supported by new global regulatory licenses.
Crypto / Exchanges
Bybit Expands Into Traditional Finance With Stock Trading and Tokenized Equity Plans
Bybit CEO Ben Zhou detailed the platform's expansion into traditional finance, highlighting new stock trading features, tokenized mStocks, and recent regulatory licenses across five jurisdictions.
Compliance / Regulation
Kraken Owner Payward to Acquire Lithuania's Saldo Bank in EU Expansion
Kraken owner Payward acquires Lithuania's Saldo Bank to enable crypto-collateralized lending, marking the first digital asset bank purchase in Europe amid U.S. regulatory challenges.
Compliance / Regulation
Standard Chartered Opens Bitcoin and Ether Trading to Professional Investors in UAE
Standard Chartered enables Bitcoin and Ether trading for UAE professional investors with at least 4 million dirhams in net assets, integrating crypto into existing bank accounts.
Perspectives / Perspectives
Ammous Says Bitcoin Is Already Money Despite Volatility Criticism
Saifedean Ammous counters claims that Bitcoin is too volatile for payments, arguing that holding it constitutes monetary use and predicting it will eventually surpass gold’s market capitalization.
Compliance / Regulation
SBF Seeks Supreme Court Review of Fraud Conviction and $11 Billion Forfeiture
Sam Bankman-Fried seeks Supreme Court review of his fraud conviction, arguing the $11 billion forfeiture violates constitutional limits on excessive fines.
Compliance / Regulation
Coins.ph Says Central Bank License Intact Amid Gambling Revocation Claims
Coins.ph asserts its central bank license remains valid despite regulatory restrictions on its e-wallet unit, denying claims of knowingly serving offshore gambling operators.
Crypto / Exchanges
Papertrade Loses $1.28M After Trader Exploits Leverage via Spot Price Manipulation
Papertrade lost $1.28 million from its liquidity pool after a trader exploited 1,000x leverage by manipulating Hyperliquid spot prices, revealing risks in synthetic perpetual designs with thin collateral.
Crypto / Exchanges
SushiSwap Partners with LayerZero to Enable Token Launches on Robinhood Chain
SushiSwap partners with LayerZero to enable token launches on Robinhood Chain via Sushi Launch, aiming to boost multichain capabilities despite current zero trading volume.
Crypto / Exchanges
South Korea Blocks 27 Unregistered Crypto Exchanges Including KuCoin and MEXC
South Korea orders website blocks on 27 unregistered crypto exchanges, including KuCoin and MEXC, to enforce domestic compliance and anti-money laundering regulations.