Category: crypto
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Japan’s three megabanks target joint yen stablecoin by March 2027
Japan’s three megabanks, MUFG Bank, Sumitomo Mitsui Banking Corporation, and Mizuho Bank, plan to start live stablecoin transactions within fiscal year 2026. A joint council will examine issuance infrastructure, governance, and operating rules. The FSA-backed pilot tested corporate cross-border payments using Progmat’s blockchain infrastructure. The project aims to support various payment uses.
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Ripple joins Matt Damon’s Water.org campaign with RLUSD
Ripple has joined Water.org’s Get Blue campaign as its exclusive digital asset and payments partner. The partnership will use Ripple’s RLUSD stablecoin to move funds faster to microfinance partners serving families in emerging markets. The campaign combines corporate donations with affordable loans for household water and sanitation improvements worldwide.
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Hyperliquid and Paradigm warn GENIUS Act rule could hurt DeFi
Hyperliquid and Paradigm are urging the U.S. Treasury to narrow proposed anti-money laundering rules for stablecoin issuers, specifically in the secondary market. They argue that current rules could push regulated stablecoin liquidity to permissioned or offshore alternatives, and that issuers should not be held responsible for transactions they cannot control.
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South Korean police tap Chainalysis to fight North Korea crypto theft
Chainalysis has expanded its partnership with the Korean National Police Agency to focus on virtual asset investigations. The agreement includes training, certification, and practical programs for investigators handling crypto crime, with a focus on wider crypto crime and strengthening South Korea’s response to North Korean-linked attacks. The partnership includes Korean-language lessons, certification programs, and joint…
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Kalshi rolls out mandatory employer disclosures to curb insider trading
Kalshi has implemented new compliance measures, including mandatory employer disclosures for traders in higher-risk markets and a risk scoring system for proposed contracts. During the first quarter of 2026, the platform reported over 150 investigations, blocked over 100 insider-trading attempts, and made 20 law-enforcement referrals. Kalshi’s expansion and compliance initiatives come amidst increased scrutiny of…
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Could insider trading bans hurt Polymarket and Kalshi market accuracy?
A new academic study suggests that a complete ban on insider trading could make prediction market prices less accurate by removing valuable information. The research argues for a middle-ground enforcement model and varying penalties based on how information is obtained. Platforms like Kalshi are implementing new compliance measures amid increased scrutiny of insider trading risks.
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Are crypto markets at risk as SpaceX IPO is 4x oversubscribed?
SpaceX’s planned public offering has attracted over $250 billion in orders, nearly four times its goal of raising $75 billion. The IPO is expected to be priced at $135 per share, with early demand showing significant cash ready to be invested. This has led to concerns about potential capital being pulled from the crypto market.…
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XRP perpetual futures go live on Kalshi for U.S. traders
Kalshi has launched XRP perpetual futures trading for U.S. users, expanding its offerings beyond Bitcoin and Ethereum. The contract tracks a regulated price benchmark and operates under the CFTC self-certification route. Early demand has been strong, with over $1 billion in volume within the first week. However, leverage can increase risks for traders.
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EU eyes ban on foreign crypto services linked to Russia sanctions evasion
The European Commission proposed sanctions on 20 non-EU entities, including crypto platforms, to prevent Russian sanctions evasion. The package could introduce the EU’s first country-level ban on foreign crypto services linked to Russia. Chainalysis reported significant transaction volume tied to Russia-linked crypto activity. Regulators are increasing pressure on crypto infrastructure supporting sanctioned states. Russia is…
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Ant International targets $10 billion valuation in planned funding round
Ant International is considering a $1 billion fundraising round at a valuation of over $10 billion. The Singapore-based fintech unit has been profitable for eight consecutive quarters and is expanding its cross-border payments business. The company plans to raise capital to support international growth, with existing backers including General Atlantic and Silver Lake. Ant International’s…