Crypto World News
Crypto World News
MoonPay has launched MoonPay Korea as its Asia-Pacific hub, partnering with Woori Bank, KB Financial Group and KakaoBank to build global distribution, cross-border settlement and wallet rails for future regulated KRW stablecoins, operating strictly as intermediary not issuer.
ESMA shifts MiCA from rulemaking to supervision in 2027, focusing on CASP resilience, outsourcing and EU substance. Its MIDAS surveillance system goes fully live, harmonizing reporting and tightening oversight ahead of the European Commission's June 2027 MiCA review.
Binance listed Hyperliquid's HYPE for spot trading after 664 days. Founder CZ says he is not against Hyperliquid, calling competition healthy and noting crypto remains below 1% adoption by capital, signaling shift from CEX-DEX rivalry to coexistence.
Circle is partnering with Volante Technologies to integrate USDC natively into its payments platform, enabling 4 of the top 5 global corporate banks and 7 of top 10 US banks to handle minting, redemption, and wallet-to-wallet payments without a separate crypto stack.
A US Senate probe found 84% of 846 Iran-linked sanctioned wallets transacted only in Tether's USDT to evade sanctions and fund Hezbollah proxies, exposing rampant stablecoin abuse and prompting $61M DOJ seizures and renewed demands for stricter stablecoin issuer compliance in 2026.
The Federal Reserve's GENIUS Act draft mandates 1:1 Treasury backing for payment stablecoins and bans yield for holding. Affiliate rewards are presumed prohibited, threatening exchange revenue models like Coinbase's $305M USDC income and reshaping stablecoins into pure payments rails.
IBM linked its Digital Asset Haven to Swift's blockchain ledger via a beta ISO 20022 adapter for 24/7 tokenized deposits. The update adds IBM Z on-prem deployment, targeting regulated control while leveraging Swift's 12,500-institution network built on a Consensys prototype.
ARK Invest is tokenizing its $1.3 billion Venture Fund ARKVX on Ethereum with Securitize. The new $500-minimum tokenized share class gives eligible investors streamlined onchain access to private holdings like SpaceX, OpenAI and Anthropic, modernizing interval fund infrastructure efficiently.
Tom Lee calls the Fed's 25 bps hike peak hawkishness, predicting a September 30 PCE revision from 3.4% to 3% could spark a rally. Bitcoin rebounded to $86,423 despite regulatory and tightening headwinds.
On Sept 22, the ECB and EU central banks urged the EU to scrap MiCA's 60% bank-deposit rule for stablecoins, warning a run could strain banks. They propose replacing it with maturity-based liquidity thresholds using repos and sovereign bonds.