The Hong Kong government has not issued any HKD stablecoin licenses, despite earlier commitments to begin the approval process in March this year. The HKMA is still reviewing the applications and has not announced any approvals. Also, stretching the deadline beyond the earlier stated timeframe by the officials. The officials,
US authorities unsealed the indictment against Jonathan Spalletta, accusing him of carrying out two hacking operations targeting Uranium Finance during April 2021. According to authorities, the defendant exploited weaknesses in smart contracts to steal millions, leading to the shutdown of the decentralized exchange’s operations. US Attorney Jay Clayton said, “Stealing
Singapore-based StraitsX announced a sharp increase in the growth of its stablecoin card program, indicating a rise in the adoption of Southeast Asia’s digital payments ecosystem. The StraitsX stablecoin card program experienced a fortyfold increase in transaction volume from the fourth quarter of 2024 to the 2025 periods. The StraitsX
The United Kingdom has recently sanctioned Xinbi, which is a marketplace for various cryptocurrencies. Authorities have associated the marketplace with various scam activities in Southeast Asia. The country has taken action against the marketplace for facilitating fraud networks. It was through transactions involving stolen data, money laundering, and scam services.
Ethereum developers have established a post-quantum team, which focuses on improving the long-term security of the Ethereum network from future cryptographic threats worldwide. Ethereum developers recognize that quantum computing advancements are a future threat to the existing cryptographic systems used in different blockchain networks. The team announced on its X
Circle gave feedback on the European Union’s Market Integration Package, with a focus on enhancing the clarity of regulations in the digital asset space. The company emphasized the need for unified regulations that bring together supervision, licensing, and operational regulations Officials emphasized that a unified framework could help simplify compliance
Bybit, the world’s second-largest cryptocurrency exchange in terms of trading volume, is delighted to announce enhancements to its USDC trading ecosystem. These enhancements will greatly reduce the barrier to trade with USDC and will improve the efficiency of the market on Bybit. Building on Bybit’s February 2026 deployment of dedicated USDC
ZachXBT has shown that there has been a coordinated attack on crypto users across the globe using narratives around the war between Iran. He has shown that there are phishing attacks that are using breaking news to conduct crypto scams. The attackers are using breaking news to conduct crypto scams.
The NYSE-affiliated exchanges have eliminated the 25,000 contract limit for Bitcoin and Ether ETF options. This decision comes at a time when there is an increasing need for crypto derivatives. NYSE Arca and NYSE American filed a proposal to remove position limits and related crypto ETF options trading constraints. The
The Securities Exchange Commission and Commodity Futures Trading Commission issued guidelines that identified various digital assets under federal regulatory laws. The guidelines identified various crypto tokens, such as digital commodities, collectibles, tools, stablecoins, and digital securities. This guidance clarified that the Securities and Exchange Commission regulates digital securities and tokenized
