Category: crypto

Europe’s crypto market has transitioned from a licensing race to long-term compliance under MiCA. Unlicensed firms must exit or transfer clients. U.K. crypto firms face FCA authorization by 2027. Banks are exploring partnerships or acquisitions in the crypto space. Consolidation may lead to fewer standalone providers and more banking-crypto collaborations.

KB Kookmin Bank will launch a blockchain-based cross-border payment service for import and export companies in August 2026. The service, using Kinexys by J.P. Morgan, will initially support U.S. dollar payments across ten countries, connecting blockchain settlement with SWIFT for near-real-time transfers and foreign exchange settlement throughout the day.

Sberbank plans to launch regulated cryptocurrency trading, custody, settlement, and depository services by December 1, 2026, following Russia’s new crypto framework starting on September 1. The bank aims to support eligible customers in Russia and comply with licensing requirements by July 1, 2027. Other Russian financial institutions are also preparing for crypto trading under the…

Upbit added MORPHO and EUL to its Korean won market for direct KRW trading, expanding access to two DeFi lending tokens in Korea. Euler’s trading launch was delayed by two hours. EUL saw a 74% gain before trading, while MORPHO had a smaller rise. Both assets remain limited to Ethereum network deposits and withdrawals.

Uniswap Labs has introduced Permissioned Pools on Uniswap v4 to allow regulated assets to trade with onchain access checks. The pools check issuer-managed allowlists before swaps or liquidity actions can proceed. Launch partners include Superstate, Securitize, and Dowgo, helping to build compliant trading infrastructure for tokenized funds, equities, and securities. Regular Uniswap v4 pools remain…

North Korea-linked hacking group BlueNoroff is using fake Zoom and Microsoft Teams meetings to target cryptocurrency users with malware. The attackers scan browser wallets, hijack Telegram accounts, and use phishing kits to steal browser keys, system data, and Telegram sessions. Victims are lured into fake meetings where their wallets are profiled before malware is delivered.…

BitMart is shutting down its global cryptocurrency exchange in phases due to operating conditions and future strategy. New registrations, deposits, and orders were stopped, with trading services ending on August 26. Withdrawals are still available, with deadlines set for closing positions and submitting withdrawal requests. The exchange plans to terminate all operations by January 31,…

Wise plans to submit a new application for a U.S. national trust bank charter under the GENIUS Act after the Office of the Comptroller of the Currency rejected its initial bid. The rejection cited compliance concerns, leading Wise to shift its plan towards the GENIUS Act framework for payment stablecoins.

Binance conducts monthly phishing simulations to assess employee awareness and detect security vulnerabilities. Failed employees undergo training, with severe failures potentially leading to dismissal. The program aims to prevent social engineering attacks, which are a common cause of losses in the cryptocurrency industry. The exchange’s security practices have improved as a result of these drills.

Robinhood is in talks with Crypto.com to add the exchange’s event contracts to its prediction markets hub. This move could broaden Robinhood’s product range and competition with Kalshi, while reducing reliance on a single provider. State and federal regulators are divided on who controls event contracts in the U.S. Robinhood’s strategy is to partner with…