Category: crypto

Bithumb plans to complete its IPO in 2028 after upgrading governance, financial reporting, and internal control systems. The exchange is restructuring its business, enhancing risk management, and increasing transparency through regular disclosures. Regulatory scrutiny continues as Bithumb works on privacy and anti-money laundering compliance actions in South Korea.

JPMorgan Chase approved HashKey Exchange’s application to open a client funds account, providing a banking route for customer money segregation and U.S. dollar settlement. This approval will enhance the stability and transparency of HashKey’s funding channels and support settlement for institutional clients and investors on its regulated exchange.

Bitget has stopped new registrations from Japan and will begin applying account restrictions from Nov. 1. Users must complete address verification by the deadline. The move follows warnings from Japanese regulators. Bitget is adopting a phased approach to withdrawing from markets where it lacks local authorization while planning expansion elsewhere.

David Schwartz proposed a Bitcoin inheritance setup that involves giving two duplicate wallets with the same PIN to separate people. The setup uses one seed across devices and involves sharing the PIN with trusted friends. This setup does not create a multisignature wallet and relies on trust between parties.

Robinhood has secured FCA registration to offer cryptocurrency services in the UK ahead of the country’s new regulatory framework. The approval confirms that Robinhood meets anti-money laundering requirements, positioning the company to expand its crypto business in the UK before the new rules take effect in late 2027.

Two French crypto investors were kidnapped in London for over 52 hours and forced to transfer $30,000 in cryptocurrency. Five men were convicted, with the alleged mastermind still at large. The victims were tortured and threatened. The London case is part of a trend of violent crimes targeting cryptocurrency holders.

American Bitcoin Corp., co-founded by Eric Trump and majority owned by Hut 8, reported a $57.2 million net loss for the second quarter. Despite recording a $71.2 million loss on digital assets, the company saw a record mining output, increased revenue, and a high percentage of its Bitcoin reserve pledged under purchase agreements.

South Africa has proposed new rules requiring cross-border crypto transfers to go through authorized providers and be reported to the central bank. The draft defines when crypto transfers become regulated cross-border transactions and sets out guidelines for handling such transactions. The proposal aims to bring digital assets under the country’s financial control framework by monitoring…

Orbs has launched OIP-9, its first governance vote to establish the Orbs DAO and advance protocol decentralization. Staked token holders can vote through Snapshot, with multisig wallets implementing approved decisions. The proposal aims to gradually shift protocol control to the community, prioritizing decentralization and operational security.

The article discusses Stacks’ Bitcoin staking plans and DeFi growth, with investors considering its potential in 2026. Stacks aims to unlock Bitcoin liquidity through staking and DeFi, potentially driving demand for STX. The proposed staking system could bring more BTC into productive use, creating a direct demand channel for STX.