Hungary repeals crypto checks as first MiCA license is granted
Hungary removed mandatory thirdparty checks for crypto conversions as CoinCash received authorization to provide digital asset services under MiCA.…
Company behind AI trade that caused $60 million crypto liquidations to cover all losses
The mark price fell 19% on a single premarket trade in Korea. The company says its oracle worked exactly as designed. Source：CoinDesk
Bitcoin rises toward $64,000 as Korea's record chip crash leaves crypto untouched
SK Hynix fell 17% after profit rose 557% and still missed estimates. Bitcoin is up 1%, and the Fed decides rates today. Source：CoinDesk
South Korea plans stablecoin rules as opposition pushes crypto tax repeal
The FSC reportedly plans a governmentbacked digital asset bill covering stablecoins and exchanges, while opposition lawmakers seek to scrap a 22% crypto tax…
Myanmar parliament passes crypto scam bill with penalties up to life
Myanmar lawmakers approved an antionline scam bill whose draft proposed prison terms of 10 years to life for crypto scams and operating scam centers.…
Galaxy, MARA Holdings deepen Texas expansion with land acquisitions
The cryptofocused companies announced separate acquisitions as demand for powerintensive AI and digital infrastructure continues to grow. Source：Cointelegraph
Wall Street veteran Don Wilson says regulators are getting perps all wrong
DRW CEO Don Wilson says perpetual futures aren't inherently risky crypto gambling tools, and it’s time traditional markets and regulators start embracing them.…
Bitcoin lows pierce $63K as Asia chip-stock crash spreads to Wall Street
Bitcoin and crypto dropped as contagion from a major Asia stockmarket correction spreads to the US at the Wall Street open. Source：Cointelegraph
BlackRock, Fidelity, other Wall Street giants back the Clarity Act
BlackRock, Fidelity, Franklin Templeton, Goldman Sachs and SoFi have publicly endorsed the crypto market structure bill as the Senate's timeline tightens.…
Russia outlines new digital depository rules ahead of fall crypto framework roll-out
The central bank's draft rules require digital asset platforms to hold up to $2.8 million in liquid capital as a sweeping regulatory framework looms.…
Markets eye Bank of Japan meeting on Friday as yen repeats 40-year US dollar lows
Analysis warned of a repeat of the 2024 yen carrytrade unwind that pressured crypto markets ahead of the next Bank of Japan interestrate meeting.…
Binance makes fighting crypto crime more difficult, says new report
The New York Times says a quiet change to Binance's compliance rules is forcing international law enforcement to navigate slowmoving government treaties to get…