South Korea’s regulators have ordered all crypto exchanges to halt lending services after \$1.1 billion was borrowed in the first month. The move aims to protect investors and maintain market stability until formal rules are introduced.
WeatherlyWazirX reported over 95% approval for its amended restructuring plan after a $230 million hack in 2024. Despite this, many users remain sceptical, and the plan still requires Singapore court approval before funds can be returned.
AnaisSEC Chair Paul Atkins said most crypto tokens should not be classed as securities, marking a shift from the stricter stance of his predecessor. He introduced “Project Crypto” to set clearer rules, with the focus moving from enforcement to guidance and support for innovation.
WeatherlyCircle has acquired the Malachite consensus engine from Informal Systems to power its new Arc blockchain for stablecoin payments. The move aims to speed up transactions, keep Malachite open-source, and support developers building financial applications on Web3.
AnaisFed official Michelle Bowman has called for staff to be allowed to hold small amounts of crypto, saying direct use would improve oversight. She argued the ban harms recruitment and urged regulators to take a more open approach to new technologies like blockchain.
WeatherlyBank of America is exploring entry into the stablecoin market, but will move forward only if U.S. regulations are clear. CEO Brian Moynihan said the bank plans to work with industry partners to ensure compliance while offering faster, more efficient digital payments.
WeatherlyOpenAI is planning a secondary share sale that could see employees cashing out around $6 billion, potentially valuing the company at $500 billion. The move comes as revenue surges from ChatGPT growth and the firm expands with new funding, acquisitions, and AI development.
AnaisWindtree is being delisted from Nasdaq after its share price crashed below the required $1 level. The company’s shift from biotech to holding BNB tokens failed to win investor trust, wiping out nearly all its value.
AnaisSBI Holdings plans to use blockchain to turn Japanese stocks into digital tokens, making trading faster and cheaper. The platform, developed with Singapore’s StarTale Group, aims to open Japanese equities to international investors and expand to bonds and ETFs.
WeatherlyA US judge has unfrozen $57.6 million in USDC tied to the Libra token scandal, giving the accused access to the funds. The class-action case over the \$107 million token collapse is still ongoing in the US and Argentina.
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