Category: crypto
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Alibaba bans Claude Code over alleged backdoor security concerns
Alibaba bans employees from using Anthropic’s Claude Code in workplace environments due to alleged security concerns involving embedded backdoors starting July 10. This decision follows restrictions by JPMorgan and Goldman Sachs in Hong Kong. Anthropic recently restored AI models after U.S. authorities lifted export restrictions and added new safety measures.
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Stripe’s Bridge secures MiCA and EMI licenses to expand across EU
Bridge has obtained MiCA authorization and an EMI license in Luxembourg, allowing it to offer regulated services across all 27 EU member states. This includes the ability to issue euro-backed stablecoins, provide named IBANs, and expand cross-border payment services. The company aims to provide new payment tools for European businesses and streamline transactions between subsidiaries.…
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BTSE debuts regulated crypto trading platform in Indonesia
BTSE has entered Indonesia’s regulated crypto market with the launch of BTSE Indonesia, a joint venture that rebranded the local exchange NVX. The platform has obtained an OJK license to offer IDR deposits, withdrawals, trading pairs, and other regulated digital asset services. This move aligns with Indonesia’s tightening oversight of the cryptocurrency sector, including new…
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Perceptron is turning idle bandwidth into AI training data
Perceptron is addressing the training data bottleneck in the AI sector by using decentralized infrastructure to crowdsource web information through everyday user devices. The platform rewards contributors and aims to provide lower cost AI training datasets. Perceptron also launched a $10 million AI Data Fund to support developers and accelerate AI model development.
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Brazil tightens crypto oversight with new capital rules for exchanges
Brazil has approved new prudential rules for virtual asset service providers, requiring them to meet capital, risk management, and disclosure standards by 2027. These rules aim to strengthen the financial system and reduce risks for customers and the market. Virtual asset firms will be classified based on risk levels, with stricter regulations for larger institutions.
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RBI calls for banking restrictions on crypto and private stablecoins
The Reserve Bank of India has recommended limiting banks’ exposure to cryptocurrencies and privately issued stablecoins. They also proposed preventing crypto from being used for payments and settlements while keeping tokenized regulated assets separate from any restrictions. This comes as India tightens crypto oversight through stricter AML rules and compliance checks.
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Several Korean firms dispute Open USD alliance membership
Several South Korean companies have denied formally joining the Open USD stablecoin alliance despite being listed as members. Open Standard announced the development of OUSD, a collective stablecoin model that allows participating firms to share reserve income. Some companies, including Samsung Electronics and Dunamu, said they had not officially committed to participating.
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Cloudflare opens waitlist for x402 stablecoin monetization gateway
Cloudflare has opened the waitlist for their Monetization Gateway, a new product that allows developers to charge for web pages, APIs, datasets, and MCP tools. Payments will settle in stablecoins through the x402 protocol. The product targets AI agents that require fast, usage-based access without the need for accounts or subscriptions.
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Binance stock trading tops $1B in first month after launch
Binance’s Direct Stocks product reached $1 billion in user-held U.S. equities within 30 days of launch. The majority of users were from emerging markets, showing demand for app-based access to U.S. stocks. Stablecoins allowed users to buy fractional equities alongside crypto without traditional barriers. The product processed close to $3 billion in trading volume during…
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Forward Industries adds 500K SOL despite earlier crypto losses
Forward Industries expanded its Solana treasury by purchasing over 500,000 SOL during fiscal Q3 2026, raising its total holdings to 7.55 million SOL. The company reported a 36% annualized growth in SOL-per-share, selling 93,642 shares during the same quarter. Earlier losses and exposure to price swings remain challenges for Solana treasury firms.