Coinbase secured a MiFID investment services license in the UK, enabling retail equity trading and derivatives for British users years before the country’s full crypto regulatory framework launches in 2027. The license allows the exchange to offer regulated investment products immediately, positioning it as a comprehensive financial platform combining banking, savings, trading, and crypto services.
Naver Financial’s takeover of Upbit operator Dunamu has been delayed again, with the shareholders’ meeting pushed to November and closing now expected no earlier than December 31. South Korea’s regulators are conducting a thorough antitrust review, citing concerns about concentrating crypto and payments infrastructure under one company.
Tether is launching USDT on Bitcoin via RGB v0.11.1, a client-side validation protocol offering stronger privacy and less on-chain data than the Taproot Assets method deployed in March. This marks a competitive test between two distinct technical frameworks for Bitcoin-based stablecoin settlement.
Two traders sued Polymarket after the platform refused to pay out on a Bitcoin sale prediction market, despite Strategy selling Bitcoin before the deadline. Polymarket changed the resolution criteria mid-market, shifting from whether the sale occurred to whether it was publicly confirmed in time, voiding millions in winning bets.
South Korea’s financial regulator is sounding the alarm over leveraged single-stock ETFs that have sparked a wave of retail speculation and forced liquidations. The products, marketed to keep Korean capital domestic, are delivering losses that compound against investors in volatile markets—with some funds down 24% despite underlying gains.
SK Hynix is pursuing a record $29 billion Nasdaq listing despite a brutal 14.57% selloff that erased $200 billion from Korean chipmakers. The South Korean memory giant controls 56.4% of global high-bandwidth memory supply, with Q1 2026 profits nearly matching all of FY2025, positioning it to capitalize on persistent AI infrastructure demand.
Trump admitted entering crypto partly for political reasons after spotting an organized voter base—a candid acknowledgment that also reveals potential conflicts of interest. With $1.4 billion in crypto income during 2025 and nearly one million meme coin investors losing $3.81 billion combined, the ethical questions are now matters of arithmetic.
Prediction markets hit a record $4.4 billion in non-sports weekly volume, with Kalshi capturing $3.8 billion as the FIFA World Cup functions as an acquisition funnel, driving users from sports into politics and macro markets. Kalshi’s regulated approach is outpacing offshore competitor Polymarket, which recorded just $572.9 million in non-sports volume.
Trump’s $1.4 billion crypto earnings have stalled the CLARITY Act, a bill meant to regulate digital assets—the exact ones enriching the president. Democrats now demand ethics provisions blocking officials from profiting off regulated assets, but the White House refuses, creating an impasse that may kill the legislation.
ENS co-founder Alex Van de Sande has proposed distributing voting rights over 5 million tokens to prevent any single delegate from controlling governance. The proposal directly responds to Nick Johnson’s recent use of 3.26 million tokens to block Security Council renewal, exposing how low participation rates enable minority control.