Thailand crypto ETFs moved a step forward after the country’s Securities and Exchange Commission shifted its framework from proposed principles to draft regulations. The regulator said it is seeking feedback on two consultation papers, one covering draft rules for locally…
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Pakistan crypto licensing sets Sept. 5 firm deadline
Pakistan crypto licensing has entered a new stage as the country opened its regulatory regime for digital asset firms and set Sept. 5 as the deadline to register. The Virtual Assets Regulatory Authority, or PVARA, said companies must submit an…
Kalshi states access blocked as legal battles expand in US
Kalshi states disputes widened this week as customers in Washington joined users in Michigan and Nevada who are unable to use the prediction market platform. The latest fight unfolded while the Commodity Futures Trading Commission took a more supportive stance…
Will South Korea FIU gain new powers over crypto firms?
South Korea FIU powers over unregistered crypto firms are at the center of a new bill introduced by People Power Party lawmaker Eom Tae-young and nine other lawmakers. Filed on Thursday, the proposal would amend the Act on Reporting and…
Maya exploit forces swap halt after $1.7M crypto theft
The Maya exploit forced the cross-chain decentralized exchange to halt network activity after an attacker used a chain of software flaws to obtain an estimated $1.7 million in crypto. Maya Protocol co-founder Aalux said the attacker stole about 20 Bitcoin…
BitBox Update Fixes Two Severe Hardware Wallet Flaws
The BitBox update is the focus of a new security disclosure from the hardware wallet maker, which urged all users to install firmware version 9.26.5 after identifying two severe vulnerabilities. According to the company, one flaw could have allowed a…
China Expands Digital Yuan Network With Eight New Banks
China has expanded its digital yuan network again, adding eight banks and lifting the number of e-CNY operating institutions to 30. Xinhua reported that the People’s Bank of China approved the new lenders, which will connect to the central bank’s…
South Korea Blocks Polymarket Access Over Gambling Rules
South Korea has ordered Polymarket access to be blocked, adding the country to a list of more than 30 jurisdictions that restrict the prediction market platform. The Korea Media and Communications Standards Commission approved the move after concluding that Polymarket…
SafePal breach exposes wallet buyers to privacy risks
The SafePal breach has renewed concerns around the privacy risks tied to buying hardware and self-custody wallets. SafePal said attackers gained unauthorized access to customer information through a flaw in an order-tracking plug-in, affecting about 39,798 people who placed orders…
Binance User Data Aided Russian Donor Prosecution Case
A Reuters report said Binance user data was provided to Russian authorities and later used in a criminal case against Russian IT specialist Yuri Belenkiy. According to the report, the exchange linked him to transfers worth more than $700 and…