At the 2025 Thomson Reuters Asia Legal Business (ALB) Hong Kong Legal Awards, Bitget's General Counsel Phil Leung was named "Young Lawyer of the Year." Meanwhile, Bitget's legal team was shortlisted for "Fintech Team of the Year," and Chief Legal Officer Hon Ng was a finalist for "Lawyer of the Year." The awards were judged by over 400 professionals from international law firms, financial institutions, and corporate legal departments. Prior to this, Bitget's legal team had already received a nomination and featured coverage at the LexisNexis® ELITE Awards 2025. This honor recognizes Bitget's business growth, global compliance efforts, and transaction volume expansion during 2024-2025, documenting its platform's user base exceeding 120 million and annual transaction volume exceeding $1 trillion. Bitget's Legal, Compliance, and Internal Controls department was officially established in 2024 under the leadership of Chief Legal Officer Hon Ng. The team has since rapidly expanded to over 70 professionals across multiple jurisdictions. As Bitget's global business has grown, this team continues to play a vital role in cross-border regulatory matters, compliance development, and risk management.

Ant International has signed a strategic cooperation memorandum with UBS to collaborate in the field of blockchain-based cross-border payments and settlement. Under the agreement, Ant International will utilize UBS Digital Cash, a blockchain payment platform launched by UBS last year, for global fund management to improve the efficiency, transparency, and security of fund flows. The two companies will also explore innovations related to tokenized deposits, including connectivity solutions around Ant's proprietary blockchain platform. Kelvin Li, Global General Manager of Platform Technology at Ant International, stated that both parties share a common belief in the transformative potential of new technologies in cross-border payments. (South China Morning Post)

In its latest market update, QCP stated that Bitcoin has fallen 27% from its high, breaking below $100,000 for the first time and breaching the 50-week moving average, causing a sharp shift in market sentiment towards bearishness. The key levels to watch are the $92,000 support and the $88,000 CME gap; whether a short-term rebound can form will determine the price structure. QCP pointed out that this round of decline may be nearing its end, but the performance of support levels still needs to confirm whether this is the "final drop," otherwise the market may still face the risk of further cycle resets. It also mentioned that the US government's reopening and the release of a large amount of delayed data will maintain high market volatility; BTC implied volatility has exceeded 50, and option skewness still leans towards a bearish direction.

Binance Blog published a new article, highlighting Binance Pay's pivotal role in transforming cross-border payments. The article discusses how Binance Pay is enabling instant, low-cost, and borderless transactions, with over 20 million merchants now onboard worldwide. This represents a significant increase from just 12,000 merchants at the beginning of the year, marking a more than 1,700 times surge within 10 months. This expansion is a clear indication that cryptocurrency payments are becoming a part of everyday life, moving beyond niche markets. Stablecoins are at the forefront of this transformation, addressing long-standing issues in traditional payments such as delays, high fees, and limited access. Transactions with stablecoins occur instantly and at low costs, making cross-border transfers more affordable. Their borderless nature promotes financial inclusion, connecting people and businesses in regions underserved by banks. Binance Pay's transaction data reflects this trend, with over 98% of business-to-consumer payments in 2025 settled in stablecoins like USDT, USDC, and others. Since its launch in 2021, Binance Pay has processed transactions exceeding USD $250 billion, and its user base has grown to over 45 million globally. The momentum behind stablecoin payments is accelerating across the industry. An October 2025 report by Artemis indicates that stablecoin payments' monthly volumes surpassed USD $10 billion as of August 2025, an 82% increase since the start of the year. A September 2025 EY report forecasts that stablecoins could account for 5% to 10% of global payments by 2030, although this might be a conservative estimate given the rapid technological advancements and growing demand for efficient, transparent money transfers. Traditional financial institutions are also responding to this shift, with SWIFT launching a blockchain-based shared ledger to improve speed, reduce costs, and enhance transparency in cross-border transfers. Binance Pay is at the forefront of this payment revolution, with a diverse merchant network spanning industries such as gaming, retail, luxury, banking, and more. Notable partnerships include integrations with Brazil's Pix payment system, Argentina's QR code payment feature, and Bhutan's national tourism platform. These collaborations demonstrate Binance Pay's commitment to making crypto payments practical and widely accepted across various markets. As stablecoin payments continue to reshape commerce and finance, Binance Pay remains dedicated to leading this journey, creating new economic opportunities and empowering millions to transact on their own terms.

Travis Ford, the co-founder and CEO of Wolf Capital Crypto Trading LLC, has been sentenced to 5 years in prison in federal prison for operating a $9.4 million crypto investment scheme that defrauded nearly 2,800 investors, the U.S. Department of Justice announced on November 14.

أداء مستقر في صعود سهم رسن لتقنية المعلومات المتداول في بورصة تداول السعودية حيث أنهى سهم رسن لتقنية المعلومات تداولاته في السوق السعودي يوم الأحد 16 نوفمبر 2025 عند سعر إغلاق بلغ 107. 50 ريال سعودي. شهد السهم تراجعًا يوميًا قدره 3. 40 ريال سعودي، وهو ما يمثل انخفاضًا بنسبة 3 source: https://www.tradersup.com/%d8%a3%d8%ae%d8%a8%d8%a7%d8%b1-%d8%a5%d9%82%d8%aa%d8%b5%d8%a7%d8%af%d9%8a%d8%a9/%d8%a3%d8%ae%d8%a8%d8%a7%d8%b1-%d8%a3%d8%b3%d9%87%d9%85-%d8%a7%d9%84%d8%aa%d8%af%d8%a7%d9%88%d9%84-%d8%a7%d9%84%d9%8a%d9%88%d9%85/%d9%8a%d8%ad%d9%82%d9%82-%d8%a3%d8%af%d8%a7%d8%a1-%d9%85%d8%b3%d8%aa%d9%82%d8%b1-%d8%ae%d9%84%d8%a7%d9%84-%d8%a7%d9%84%d8%b5%d8%b9%d9%88%d8%af-%d9%81%d9%8a-%d8%a7%d9%84%d8%b3%d9%88%d9%82-%d8%a7%d9%84/149145

Bitcoin fell to $93,000 and the Crypto Fear Index dropped to 10, matching extreme fear levels unseen since July 2022, as $617 million in liquidations wiped out positions and Federal Reserve rate cut odds collapsed below 40%. source: https://cryptonews.com/news/crypto-fear-index-hits-10-lowest-since-july-2022-what-happens-next/

According to the announcement from Binance, the platform has successfully completed temporary system maintenance for its COIN-M Futures. Trading activities are set to resume at 2025-11-17 08:55 (UTC). This maintenance was part of Binance's ongoing efforts to ensure the reliability and efficiency of its trading services. Users are advised to check the platform for any updates regarding trading activities. Binance emphasizes the importance of maintaining system integrity and performance, which is crucial for providing a seamless trading experience. The maintenance period allowed Binance to implement necessary updates and improvements to its COIN-M Futures system. As trading resumes, users can expect enhanced functionality and stability in their trading operations. Binance remains committed to delivering high-quality services to its global user base, ensuring that all trading activities are conducted smoothly and securely.

According to Foresight News, Belarusian President Alexander Lukashenko recently highlighted the potential of digital assets to enhance the country's economic independence during an energy strategy meeting. He emphasized that Bitcoin and cryptocurrency mining could reduce reliance on the U.S. dollar-dominated system. Despite the volatility of digital assets, Lukashenko pointed out that their potential benefits are significant amid increasing geopolitical pressures and foreign exchange restrictions. Belarus has already established a regulatory framework for digital asset activities through Decree No. 8. Lukashenko further noted that Belarus's abundant electricity resources and industrial infrastructure provide an advantage for expanding mining operations. The surplus energy can be utilized for cryptocurrency mining, generating revenue and strengthening economic resilience.

The Singapore Exchange will launch Bitcoin and Ethereum perpetual futures on November 24. These futures will only be available to qualified institutional investors. (Jinshi)

"Brother Machi" continues to increase his long position in ETH, with a current holding of 4400 ETH in perpetual contracts, valued at approximately $14.14 million, and leveraged at 25x. The average entry price was $3083.76, the liquidation price was $3097.53, and the current unrealized profit is approximately $574,000. Recommended reading: Brother Machi's "Going to Zero" Story

Data shows that some "whale" wallets are exhibiting regular selling activity, which may be related to profit-taking rather than a panic signal, but the market's ability to absorb such selling pressure has weakened.

AI data centres in the U.S. are using power faster than the grid can supply, creating a major gap in electricity capacity. Analysts warn that without huge investment, the country may struggle to support further AI growth as outages and infrastructure limits become more common.

Huobi HTX, a leading exchange in the crypto space, has consistently increased its investment in security. From asset transparency to anti-fraud campaigns, from compliance initiatives to technological advancements, Huobi HTX has set a "security benchmark" for the industry through its concrete actions.

Developers are all talking about ERC-8021, but how exactly does it reshape DApp traffic allocation rules?

Alibaba’s move to develop its own “stablecoin” marks one of the most intriguing pivots in China’s tightly policed digital-asset landscape. Rather than challenge Beijing’s monetary authority with a privately issued stablecoin—something regulators have aggressively shut down—the tech giant is experimenting with a blockchain-based deposit token that operates entirely within China’s existing financial architecture.

Ethena has carved out a unique niche in the larger stablecoin market, long dominated by Tether and Circle, becoming the clear market leader in the synthetic dollar category.

The decentralized social media sector was once incredibly popular, but its current dismal state stands in stark contrast to its past.

Peter Schiff criticised Michael Saylor and Strategy, calling their Bitcoin-focused business model a “fraud” and challenging Saylor to a debate. The attack comes as Bitcoin fell below $99,000 and Strategy’s stock dropped over 50% since July, while gold remains strong above $4,000 an ounce.

This article interprets the main contents of the regulatory layout and trends of RWA in Malaysia, the driving forces behind its development, and analyzes the impact of this move on the RWA industry and practitioners.