The FSC reportedly plans a government-backed digital asset bill covering stablecoins and exchanges, while opposition lawmakers seek to scrap a 22% crypto tax due in 2027. South Korea’s Financial Services Commission (FSC) reportedly plans to draft a consolidated Digital Asset Basic Act with the ruling Democratic Party, giving lawmakers a government-backed proposal covering stablecoins and …
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The Bitcoin miner and AI infrastructure company closed at $62.90, giving it a market capitalization of about $2.8 billion after its direct listing. Ionic Digital shares climbed about 26% from their opening price in their Nasdaq debut Tuesday after the Celsius-linked Bitcoin miner and AI infrastructure company completed its direct listing. The shares opened at …
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The agreement covers tokenized securities, blockchain-based market infrastructure and the potential use of USDT as a settlement layer.
Zcash researchers published more than 2,700 machine-checked theorems designed to rule out undetectable counterfeiting bugs in Ironwood. Zcash researchers have completed formal verification of Ironwood, publishing a machine-checked proof that the network’s new shielded pool does not contain undetectable counterfeiting bugs under its stated cryptographic assumptions. On Tuesday, Project Tachyon said that the proof, written …
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RL1 began operations as a member-owned blockchain cooperative backed by 10 European financial institutions, including ABN AMRO, DekaBank and Natixis CIB. Ten European financial institutions have launched Regulated Layer One (RL1), a jointly owned blockchain cooperative designed for regulated financial markets and tokenized assets. On Tuesday, the group announced that RL1 had been established as …
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Visa said it is investing across the stablecoin stack, highlighting OpenUSD, tokenized deposits and AI-powered commerce during the company’s third-quarter earnings call. Visa reported fiscal third-quarter revenue of $11.6 billion, up 14% from a year earlier, driven by double-digit growth in payments volume, cross-border volume and processed transactions. During the company’s earnings call, Visa outlined its broader …
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Myanmar lawmakers approved an anti-online scam bill whose draft proposed prison terms of 10 years to life for crypto scams and operating scam centers. Myanmar’s Parliament passed an anti-online scam bill that would impose prison terms of 10 years to life for crypto scams and operating online scam centers. The Pyidaungsu Hluttaw, Myanmar’s combined Parliament, …
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The proposed cryptographic scheme aims to protect existing Bitcoin, Ethereum and Solana wallets from future quantum attacks without requiring users to move funds or change wallet addresses. Blockchain security company AmericanFortress has unveiled a cryptographic scheme that it says could protect existing cryptocurrency wallets from future quantum attacks without requiring users to move funds, rotate …
Lido launched Curated Module v2, an upgrade that could reduce Ethereum’s validator count by one-third by consolidating validators and introducing new operator rules. Lido, a liquid staking protocol that lets users earn Ethereum staking rewards through its stETH token, has launched an upgrade to its staking infrastructure that aims to improve validator efficiency and decentralization. …
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The new system marks an apparent departure from the institution-focused layer-1 blockchain Ondo announced in 2025. Real-world asset tokenization platform Ondo Finance has launched an offchain execution network in an apparent pivot away from the institution-focused layer-1 blockchain it announced in 2025. The company said Monday that Ondo Network will handle trades away from public …
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Three users allege a fake Sparrow Wallet app on Apple’s App Store drained their Bitcoin holdings, with losses totaling more than $1.8 million. Apple is facing a lawsuit from three customers who say they lost a combined $1.8 million after downloading a fake Bitcoin wallet app from the App Store. The complaint, filed Friday in …
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Binance co-founder CZ backed crypto license passporting across ASEAN to simplify approvals, reduce compliance costs and encourage competition. Binance co-founder Changpeng “CZ” Zhao backed crypto license passporting across ASEAN, arguing that firms regulated in one market should be able to enter others through a simplified approval process rather than applying from scratch. Speaking Tuesday during …
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The preliminary injunction allows Kalshi and Polymarket US to continue operating in Minnesota while the court considers their challenge to the state law. A US federal judge has temporarily blocked Minnesota from enforcing its new prediction market ban against CFTC-regulated platforms Kalshi and Polymarket US. According to a July 27 court order granting the plaintiffs’ …
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Sandbox participation permits supervised testing but does not guarantee full commercial registration. Zimbabwe’s securities regulator has admitted seven financial technology projects to its regulatory sandbox, with tokenization accounting for most of the latest group. The Securities and Exchange Commission of Zimbabwe (SECZ) listed Zimbabwe Entrepreneurship Exchange, Ndarama Standard, Questview Brokers, Crowdaxe Capital, Procode Platforms, Financial …
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The HKMA aims to make Hong Kong’s banking sector fully prepared for quantum-related security risks by 2030 as the city expands tokenized finance.
