Category: crypto

The American Arbitration Association and Integra Ledger have launched the Legal Context Protocol, an open standard for agentic commerce. LCP adds legal context to AI-agent deals as machine payments move into commerce. Founding contributors include major firms, seeking clearer rules for autonomous transactions. The protocol records terms, consent, jurisdiction, and dispute paths clearly.

Stablecore has launched an early access stablecoin program for U.S. credit unions with partners Circuit and Curql. Participating institutions can test blockchain-based financial services before integrating them into their banking platforms. The program includes stablecoin payments, tokenized deposits, Bitcoin, staking, and more, helping credit unions stay competitive.

Pi Network is encouraging users to participate in two ecosystem campaigns before Pi2Day 2026 on June 28, while the PI token continues to trade near record lows. The campaigns focus on app creation, Launchpad testing, and user participation, rather than price-related announcements. The SLICE Testnet token remains on Testnet for practice.

Democratic lawmakers have asked the SEC for details on regulating AI trading tools and if additional laws are needed. They expressed concerns about AI agents expanding into cryptocurrencies and other financial products. The SEC has been requested to respond to several issues by July 31, including the need for additional authority to address emerging risks.

Animoca Brands has invested in stablecoin payment provider AllScale to expand payment infrastructure across its ecosystem, exploring global payments, treasury services, and AI agent commerce. AllScale serves over 1.5 million wallets, bridging assets across blockchains and supporting cross-border payments. The partnership aims to enable agentic payments using regulated stablecoins.

South Korea’s Personal Information Protection Commission has fined Bithumb $136,000 for breaching overseas personal information transfer rules. Bithumb shared user data internationally without consent, sparking regulatory scrutiny of crypto exchanges. The case highlights the importance of data privacy and compliance in the cryptocurrency industry. Regulatory pressure on exchanges in South Korea is increasing, with a…

China has sentenced a convicted drug trafficker to death for laundering over $7 million through cryptocurrency as part of a major cross-border narcotics operation. Prosecutors have charged over 1,200 people in drug-related money laundering cases, focusing on recovering assets and cracking down on cryptocurrency-based financial crimes.

CoinEx denies helping Iranian state-linked entities move funds through its exchange, despite a Wall Street Journal report citing $3.84 billion in Iran-linked transactions. The exchange stated it had no commercial relationship with Iranian government-related entities and has implemented stronger sanctions screening measures. CoinEx also addressed the Bybit hack mentioned in the report, stating it assisted…

SBI Holdings has signed agreements to acquire all shares of Bitbank, making the Japanese crypto exchange a wholly owned subsidiary of SBI Group. This move follows SBI’s broader crypto payments push in Japan and aims to strengthen its position in the crypto industry through consolidation under large financial groups.

Indonesia now mandates certification for social media influencers recommending cryptocurrencies and digital financial assets. Promotions must feature only authorized assets and licensed service providers. This move aligns with similar actions in Australia, the UK, the Philippines, and South Korea to tighten oversight of financial influencers due to the increasing role of social media in investment…