South Korea will begin moving conventional securities onto blockchain infrastructure in February 2027, starting with private funds and bonds before potentially expanding the system to publicly offered stocks, bonds and investment funds. The Financial Services Commission outlined the three-stage plan on Friday as it prepares for amended securities laws to take effect on February 4. […]
The Office of the Comptroller of the Currency has granted OpenReserve preliminary conditional approval to establish a full-service national bank in Salt Lake City, moving the crypto-native startup closer to operating inside the U.S. banking system. The OCC decision, dated September 2, allows OpenReserve to proceed with plans for an insured national bank offering traditional […]
Australian crypto firms relying on temporary regulatory relief have until September 30 to take required licensing steps or risk breaching financial-services law from the following day, with potential penalties reaching 10% of annual turnover. The deadline applies to businesses covered by the Australian Securities and Investments Commission’s sector-wide no-action position that provide digital-asset products or […]
Standard Chartered has launched Bitcoin and Ether spot trading for institutional clients in the UAE through its Dubai International Financial Centre entity, becoming the first global systemically important bank to offer deliverable crypto spot trading in the country. Eligible clients can trade BTC/USD and ETH/USD through the bank’s electronic trading channels, using the same types […]
Two Thai businessmen have sued Tether over the freezing of $42.4 million in USDT, claiming the stablecoin issuer blocked their funds months before U.S. authorities obtained a seizure warrant. Nutthawat Rukthammachalern and Natthawat Kasamvilas filed the lawsuit on August 31 in the U.S. District Court for the Southern District of New York. The court docket […]
Tokyo-listed Remixpoint has sold all of its ETH, SOL, XRP and DOGE holdings, leaving Bitcoin as the only cryptocurrency on its balance sheet. The company said it completed the sales on September 1, raising about ¥878.8 million and realizing a gain of roughly ¥117.8 million. In its official disclosure, Remixpoint said it decided to concentrate […]
G20 finance ministers and central bank governors have committed to building clearer regulatory pathways for digital-asset innovation while preserving financial stability. The commitment was published September 1 after officials met in Asheville, North Carolina, on August 31 and September 1. In the G20 Chair’s Statement, officials said digital financial innovation, including digital assets, can support […]
Twenty-one global financial institutions, including Goldman Sachs, Bank of America, Citi, Deutsche Bank, UBS and Fidelity Investments, have committed to create a new company in the second half of 2026 to support a US dollar stablecoin planned for launch in the first half of 2027. The group’s joint announcement says the venture will operate globally […]
South Korea’s Digital Asset eXchange Alliance, or DAXA, has asked police to investigate four overseas crypto exchanges it says continued serving Korean users without completing the country’s mandatory virtual asset service provider registration. The referral was filed on August 31, DAXA said Tuesday. DAXA said its review of the exchanges’ websites and mobile apps found […]
Nomura-backed Laser Digital Japan has secured registration as a crypto asset exchange service provider, ending an approximately four-year stretch without a new entrant receiving the authorization in Japan. The registration, effective August 21, gives Laser Digital Japan Kanto Local Finance Bureau registration number 00032. The firm joins 26 other registered crypto asset exchange service providers […]
