Kakao taps Circle to explore won stablecoin payment infrastructure
Kakao Group and Circle signed an MOU to explore won stablecoin payments, remittances, merchant settlement and tokenized financial services. Source：Cointelegraph
Swiss bank BancaStato launches regulated crypto trading with Sygnum
Swiss cantonal bank BancaStato integrated Sygnum’s crypto trading and custody services into its Avaloqpowered digital banking apps for Bitcoin and other…
White House accuses Moonshot AI of distilling Anthropic tech for K3
US officials warn that Chinese firms conducting covert, industrialscale AI distillation could face sanctions and export restrictions. Source：Cointelegraph
SEC settles Coinbase suit over ‘text messages that disappeared’
The settlement follows a watchdog report last year that blamed “avoidable errors” for the loss of nearly a year’s worth of Gary Gensler’s text messages.…
AFX Protocol reportedly loses $24M in bridge exploit
Offchain Labs said the incident involved a thirdparty protocol and did not affect Arbitrum’s native bridge infrastructure. Source：Cointelegraph
S&P launches blockchain fundamentals index for digital assets
The benchmark tracks blockchain networks using protocol revenue, offering an alternative to traditional market capitalizationweighted crypto indexes.…
Crypto PAC pours $1M into Michigan Democratic primary race
Donavan McKinney, running against Michigan incumbent Shri Thanedar, said that “the crypto lobby is paying my opponent back for helping Trump“ with the…
Anthropic joins UK FCA’s AI regulatory sandbox as second cohort launches
Anthropic will provide Claude AI models to companies participating in the UK Financial Conduct Authority’s next Supercharged Sandbox cohort, as the regulator…
SEC’s Peirce says crypto vaults and onchain lending may fall under securities laws
The SEC commissioner said crypto vaults, onchain lending products and other asset management tools may trigger US securities laws depending on how they are…
Digital Chamber sues Illinois officials over new state 0.2% crypto tax
The group alleged that the tax signed into law in June “discriminates against people who transact in digital assets“ and should be blocked from implementation…
BitGo, OTC Markets plan tokenized securities access for broker-dealers
The proposed alliance would enable more than 150 brokerdealers to trade and settle digital asset securities through OTC Link ATS using BitGo’s custody…
The digital euro: Surveillance money, or a better alternative to cash?
Proponents of the digital euro say its a better alternative to cash that’s fully backed by the ECB. But critics argue it could provide the EU with too much…