Bitwise has asked US regulators to approve an exchange-traded fund that invests in both stablecoin companies and crypto assets. The plan follows a surge in stablecoin supply and tokenised assets this year, aiming for a launch before the end of 2025 if the SEC agrees.
AnaisSui has partnered with Google to allow AI agents to make stablecoin payments automatically using its blockchain. The news boosted SUI’s price and trading, while the network also released developer tools and may see further growth from a planned SUI-based ETF.
WeatherlyA TaskUs employee allegedly stole and sold Coinbase customer data, affecting at least 69,000 users and causing losses of up to $400 million. The scheme involved insider co-workers and hackers, with TaskUs accused of covering up the breach while Coinbase reimbursed affected customers and tightened security.
WeatherlyThumzup Media bought $2 million in Dogecoin and plans to acquire a mining firm with 3,500 rigs. It also raised $50 million and added Dogecoin insiders to its advisory board.
AnaisBitGo received approval from Germany’s regulator BaFin to expand its crypto services in Europe. The company can now offer regulated trading, custody, transfer, and staking to institutional clients.
WeatherlyItaly has passed the EU’s first full AI law, introducing human oversight, strict rules against misuse, and penalties for crimes like deepfakes and fraud. The law covers key sectors, requires transparency, and provides €1 billion to support domestic AI and tech innovation.
WeatherlySouth Korea has launched its first won-backed stablecoin, KRW1, on the Avalanche blockchain, fully backed by Woori Bank with real-time reserve verification. The coin is aimed at payments, remittances, and public programs, as regulators prepare rules to safely govern stablecoins in the country.
AnaisAustralia’s ASIC has exempted intermediaries from needing extra licences to distribute stablecoins from licensed issuers until June 2028. Catena Digital’s AUDM stablecoin is the first to benefit, allowing easier trading, advice, and custodial services.
WeatherlyChina has launched AxCNH, the first offshore yuan stablecoin, to simplify cross-border payments along the Belt and Road Initiative. South Korea followed with KRW1, a won-backed stablecoin, aiming to digitise its currency and improve international trade settlements.
WeatherlyLondon has seen a rise in street-level crypto thefts, with criminals targeting mobile phones to steal tens of thousands of pounds from wallets. Some victims have been refunded by exchanges like Coinbase, but many losses remain unrecovered as police investigations struggle to keep up.
Anais