Licensed Hong Kong crypto exchange HashKey has secured approval from JPMorgan to open a segregated client funds account, strengthening its institutional US dollar settlement infrastructure.
Bitget has announced a complete withdrawal from Japan following years of regulatory warnings, locking out new users immediately and mandating position closures by December 31.
South Korean policy experts recommend phasing in stablecoin regulation and interim licensing guidance to resolve regulatory delays while lawmakers finalize the broader Digital Asset Basic Act.
Robinhood delivered record second-quarter earnings driven by traditional asset volume, offsetting a 38% dip in crypto transaction revenue while advancing its long-term digital asset ecosystem.
Luno has cut 20% of its global workforce as part of a pivot toward B2B infrastructure and automation, joining a broader wave of July restructurings across 12 digital asset firms.
Payward has entered into a definitive agreement to acquire the wallet-as-a-service business of Magic Labs, incorporating non-custodial embedded wallet infrastructure into its enterprise-grade B2B suite.
Circle has acquired nearly 1,000 issued patents from IBM’s blockchain portfolio, making it the largest holder of blockchain intellectual property in the United States and strengthening its foundation for institutional on-chain financial infrastructure.
KB Kookmin Bank, South Korea’s largest financial institution, is partnering with JPMorgan’s Kinexys network to launch a blockchain-based cross-border corporate payments service, facilitating near-instant settlement across ten countries.
Triple-A has confirmed unauthorized access to its treasury and hot wallets, resulting in an estimated $11.8 million loss that will be fully absorbed by corporate reserves.
Following BitMart’s announcement of a planned operational shutdown, user reports and on-chain metrics indicate slowing withdrawal processing times alongside a steep decline in wallet balances and native token value.
The official X account of Robinhood CEO Vlad Tenev was temporarily compromised by malicious actors promoting a fake Vladhood memecoin, highlighting security risks amid heavy memecoin activity on Robinhood Chain.
Major Philippine lender BPI is launching a stablecoin settlement pilot with digital clearinghouse Meridian to speed up inbound cross-border payments and reduce transfer costs for overseas workers and freelancers.