FinChain, a crypto-finance platform incubated by Fosun Wealth Holdings, has partnered with institutional open finance platform Plume to launch FLEX & FINO, a leveraged yield strategy targeting annualized returns of up to 7.2% on its FUSD real-world asset (RWA) token. Announced on November 4, the product combines income from tokenized
On October 29, 2026, Binance suffered one of the largest cryptocurrency thefts in history. Attackers drained approximately $6.3 billion in digital assets from the exchange’s hot wallets. The theft affected multiple blockchains. Most of the funds were moved within just 20 minutes. While Binance continues investigating the breach, blockchain researchers
Ripple CEO Brad Garlinghouse announced on October 26 that the U.S. Office of the Comptroller of the Currency (OCC) had granted final approval for Ripple National Trust Bank (RNTB). The decision completes the bank’s chartering process, nearly a year after the regulator granted conditional approval in December 2025. Finally, the
The U.S. Office of the Comptroller of the Currency (OCC) has finalized its rules governing payment stablecoin issuers under the GENIUS Act, establishing requirements for reserves, redemptions, custody and risk management. The rules are scheduled to take effect on January 18, 2027. Announced on October 21, the final rule sets
Japan’s three largest banks have completed a joint trial of a yen-based stablecoin, confirming the feasibility of a model designed to support cross-border payments between businesses. Mizuho Bank, MUFG Bank and Sumitomo Mitsui Banking Corporation (SMBC) conducted the proof of concept from July 17 to July 23, with the results
France is considering a change to its cryptocurrency tax rules that could make certain stablecoin conversions taxable from January 1, 2027. The proposal would apply the country’s existing 31.4% flat tax on eligible crypto capital gains when investors exchange cryptocurrencies for certain euro- or dollar-pegged stablecoins. The measure is included
Safe Wallet has integrated CoinShares-designed stablecoin yield strategies directly into its platform, giving corporate treasuries, DAOs, and foundations a way to earn institutional-grade yield on idle stablecoin balances without moving funds out of self-custody. Corporate treasuries and onchain organisations sitting on idle stablecoin balances now have a direct path to
South Korea’s KB Kookmin Card has signed a memorandum of understanding (MOU) with Japan’s SBI Holdings and two cybersecurity companies to test identity checks for artificial intelligence (AI) agents and explore cross-border crypto and stablecoin payments between the two countries. Announced on October 13, the four-party agreement also involves South
The government of Kyrgyzstan has ordered the shutdown of USDKG, its state-backed gold stablecoin, and instructed the Ministry of Finance to liquidate EVA, the company that issued it, along with Coin Nomad Exchange, the country’s first state-owned crypto trading platform. The official explanation is optimising state participation and improving the
Samsung Wallet is integrating Sui as its blockchain infrastructure partner, bringing USDC support directly to Galaxy device users across the United States. The rollout covers 82 million eligible U.S. Galaxy devices, not a new app to download, not a separate crypto wallet to set up. The Samsung Wallet is already
