Taiwan’s Legislative Yuan passed the Virtual Asset Service Act, expanding crypto oversight to licensing and stablecoin regulation. The law sets reserve rules, audits, and criminal penalties.
Base delayed the mainnet activation of its B20 token standard after two consecutive network stalls. The incidents did not affect user funds but halted block production.
Pump.fun is hiring a Chief Legal Officer with a base salary of up to $5 million while facing a class action lawsuit in New York that includes RICO claims.
Ripple has launched its RLUSD stablecoin in Japan through SBI VC Trade following new rules for foreign-issued stablecoins. The token is classified as an electronic payment instrument under the Payment Services Act.
Binance has pulled its MiCA application in Greece days before the EU deadline. The exchange says it will seek authorization in another member state.
DeFi’s on-chain leverage ratio has climbed to 38% after April exploits triggered 13 billion US dollars in TVL outflows. The increase reflects shrinking capital rather than rising borrowing.
Ripple CEO Brad Garlinghouse criticized JPMorgan’s opposition to the CLARITY Act as the US crypto regulation bill moves forward. The dispute underscores the stakes for institutional adoption and market structure.
Metaplanet is acquiring Siiibo Securities for $13 million to distribute Bitcoin-linked yield products in Japan under a Type I license.
Tokenized stocks and bonds are expanding through exchanges and regulated market tests. Kraken, Robinhood EU, DTCC, and Nasdaq are advancing different structural models.
MicroStrategy withdrew 411.5 BTC from Coinbase Prime after a brief deposit, easing sale concerns. BitMine Immersion Technologies bought 25,000 ETH the same day.