Colombia's neobank Nequi announced plans to enter the cryptocurrency sector after separating from Bancolombia. CEO Cipriano Lopez emphasized compliance first, with new crypto features and services expected in Q3 2022 as part of a growth and profitability strategy.
Hong Kong's HKMA has awarded its first stablecoin issuer licences to HSBC and a Standard Chartered-led consortium. Strict rules require full reserves, $3.19M capital, no interest, and same-day redemption. HSBC plans a HKD stablecoin in H2 2026, boosting the city's digital asset hub ambitions.
Hong Kong’s monetary authority has awarded its first two stablecoin licences to HSBC and a Standard Chartered-led group. HSBC plans to launch a HKD-pegged stablecoin in H2 2026 via its Payme wallet. Strict rules mandate full reserves, $3.19 million minimum capital, one-day redemption, and no interest on holdings.
The past 24 hours brought a mixed picture across crypto, equities, and policy. Spot Bitcoin and Ether ETFs both extended their net outflow streaks to eight consecutive weeks, while liquidation pressure remained elevated across derivatives markets. At the same time, institutional activity in tokenization, real-world assets, stablecoin payments, and AI infrastructure financing continued to expand. Securitize said it plans to deploy more than $400 million to acquire complementary businesses and broaden its institutional tokenization platform. Figure announced a proposed $600 million senior notes offering to help finance its acquisition of Kiavi, while TeraWulf signed a 20-year AI data center lease with Anthropic that could generate roughly $19 billion in revenue. Visa data showed adjusted stablecoin volume reached a record $1.79 trillion in June, led by USDC. On the policy side, China’s Cyberspace Administration reported first-phase results from its AI application cleanup campaign, saying it had handled more than 14,000 non-compliant AI products. Meanwhile, Web3 security firm CertiK said the ecosystem lost about $1.32 billion in the first half of 2026, with wallet compromises remaining the largest source of damage and attackers increasingly focusing on higher-value targets.
On-chain data shows a wallet linked to BitForex ex-CEO Garrett Jin deposited 166,000 ETH (~$395M) into Binance after two months of inactivity, triggering selling pressure and speculation. Jin's controversial past with BitForex resurfaces.
A dormant wallet likely linked to former BitForex CEO Garrett Jin deposited 166,000 ETH ($395 million) into Binance, sparking concerns of market sell pressure and raising questions about the funds' origin amid BitForex's controversial history.
Hong Kong’s SFC has introduced a new framework allowing authorized tokenized investment products to trade 24/7 on licensed platforms, supported by regulated stablecoins and tokenized deposits to advance the integration of traditional finance and Web3.
HabitTrade said it has not conducted regulated business or marketed services in Hong Kong after the SFC issued a warning about unlicensed virtual asset platforms. The firm blamed unauthorized third-party promotions, highlighting growing regulatory scrutiny over cross-border crypto marketing.
