Crypto Brief
Hong Kong Crypto Firms Flag Risks in CARF Tax Rollout
Hong Kong crypto firms warn that strict implementation of global CARF tax rules could create operational strain and weaken the city’s competitiveness.
The Briefs section compiles short, high-importance updates across cryptocurrency, blockchain, digital asset markets, regulation, venture activity, exchanges, and product launches. It is built for readers who want fast access to material developments without the length or structure of full reported features. This page serves as a running editorial feed for time-sensitive items that can affect sentiment, pricing, policy, or sector direction. It complements longer news and analysis by offering a condensed format for tracking the pace of change across the crypto industry.
Hong Kong crypto firms warn that strict implementation of global CARF tax rules could create operational strain and weaken the city’s competitiveness.
Bybit EU has launched Bitcoin cashback for its payment card, allowing users to earn BTC on everyday spending under a regulated European framework.
South Korean authorities charged three suspects over an underground remittance network that moved more than $100 million using WeChat Pay, Alipay, and cryptocurrencies.
The New York Stock Exchange is developing a 24/7 blockchain-based trading platform for tokenized stocks and ETFs, pending regulatory approval.
US mortgage lender Newrez will allow borrowers to use certain cryptocurrency holdings in mortgage underwriting without requiring liquidation.
South Korea’s National Assembly has approved amendments establishing a legal basis for issuing and trading tokenized securities under existing capital markets laws.
State Street has unveiled a new digital asset platform designed to help institutional clients develop tokenized funds, deposits, and stablecoin-based products.
Interactive Brokers will allow clients to fund brokerage accounts using stablecoins, with USDC deposits automatically converted into US dollars.
Bank of America CEO Brian Moynihan warned that trillions of dollars in US bank deposits could shift to stablecoins if interest payments are permitted under future legislation.
Societe Generale-FORGE and Swift have completed a pilot settling tokenized bonds using stablecoins and fiat currencies, highlighting interoperability between blockchain and traditional finance.
London Stock Exchange Group has launched Digital Settlement House, a new platform using tokenized commercial bank deposits for real-time settlement across blockchain and traditional networks.
Spot Bitcoin ETFs recorded their strongest inflows of 2026 as Bitcoin rallied above $97,000, reversing earlier monthly outflows.