South korea crypto exchange stake cap could be 20% soon?

South korea crypto exchange stake cap plans are taking shape after South Korea’s government and ruling party reportedly agreed on a proposal to limit major shareholder ownership in domestic crypto exchanges to 20%, while allowing narrow exemptions for certain new operators. The…

Tether freezing 4.2 billion in USDT amid illicit activity

Tether, the El Salvador-based stablecoin issuer, has reported freezing around $4.2 billion worth of its tokens over links to illicit activity, reflecting growing pressure on the crypto sector from global law enforcement. The company, which runs the world’s largest dollar-pegged…

Is Kraken bringing perpetuals to tokenized U.S. stocks now?

Kraken is rolling out a new set of derivatives products that it describes as the first regulated perpetual futures tied to tokenized stocks. Aimed at eligible traders outside the U.S., the launch extends crypto-style perpetual contracts to digital representations of major…

OKX gains Malta license to expand EU stablecoin services

Cryptocurrency exchange okx has secured a payment institution (PI) license in Malta, positioning the platform to operate under upcoming European Union rules that begin applying in March. The new authorization enables the exchange to continue offering stablecoin-based payment services throughout the EU…

Coinbase Q4 revenue down 22%, posts $667M net deficit.

Coinbase reported weaker fourth-quarter results as last year’s retreat in Bitcoin from record levels weighed on trading activity and investment values. The San Francisco-based crypto exchange released figures showing lower revenue, a sharp swing to loss, and continued sensitivity to broader market…

Bithumb To Fund $9 Million Loss and 10% User Compensation?

South Korean cryptocurrency exchange bithumb is under scrutiny after a major payout mistake during a promotional event led to tens of billions of Korean won being sent in Bitcoin instead of small cash rewards. The company has pledged to absorb $9…

Did Bithumb glitch push Bitcoin to $55k on its exchange?

South Korean cryptocurrency exchange Bithumb reported that a system malfunction during a promotional payout on Friday caused an unintended allocation of Bitcoin to some customers, briefly sending prices on its platform sharply lower. The company said the incident stemmed from a configuration error…

Does Coinbase face $100 million risk from Nevada regulators?

A Nevada judge has declined a request from state regulators for an emergency order to immediately shut down a new prediction market product offered by Coinbase, giving the exchange more time to argue that its listings fall under federal, not…

South Korea weighs crypto exposure and exchange share limits

South Korea is weighing a series of policy changes that could reshape how corporations and financial institutions interact with digital assets, while also redefining ownership structures in the country’s crypto exchange sector. Regulators are considering allowing listed firms and professional investment…