Thailand SEC Files Complaint Against Bitkub Over 2021 Hack Reporting

Thailand’s crypto industry is facing fresh regulatory scrutiny after authorities accused Bitkub, one of the country’s largest digital asset exchanges, of providing false information to regulators. Thailand’s Securities and Exchange…

Odos Protocol to shut down, gives users until July 30 to withdraw assets

Odos Protocol will shut down on July 30, giving users one week to withdraw assets. The team did not provide a reason for the decision. Source link

Brazil puts tokenized cows to work as loan collateral: Report

Ten tokenized dairy cows backed a $19,600 loan registered on Brazil’s B3, in one of Brazil’s first uses of tokenized livestock as loan collateral. Source link

Philippine bank BPI plans stablecoin payments pilot

The Philippine bank is preparing a stablecoin settlement pilot intended to speed up and reduce the cost of overseas payments to Filipino remote workers. Source link

South Korea’s Korbit to rebrand as Digital X under Mirae: Report

Mirae Asset reportedly plans to use the South Korean crypto exchange as a hub for tokenized assets, stablecoins and digital finance. Source link

BlackRock, Coinbase, Others Join $15M Bitcoin Quantum Push

Nine of the largest names in institutional Bitcoin launched the Bitcoin Security Consortium on Thursday, a group backed by $15 million in member pledges over three years to fund work…

BitMEX Users Seek 623 BTC in Liquidation Fraud Suit

BitMEX is facing a class action lawsuit accusing the crypto derivatives platform of fraudulently engineering customer liquidations to seize traders’ Bitcoin collateral.  On Thursday, BKX Services Inc. and David Namdar…

Kazakhstan Moves To Build A National Crypto Reserve Funded By Bitcoin Miners

Kazakhstan has laid out a plan to build a national strategic crypto reserve fed by its bitcoin miners, part of a two-step push by President Kassym-Jomart Tokayev to pull the…

Dem senator calls GOP’s CLARITY ethics proposal a ‘piece of shit’: Politico

On Wednesday, Senate Republicans released the proposed text for the CLARITY Act, which has been met with pushback from Democrats regarding ethics provisions. Source link

Coinbase Works On Post-Quantum Future For Bitcoin

Coinbase is preparing for future scenarios where quantum computers may be able to crack Bitcoin’s current cryptography. America’s biggest crypto exchange said Thursday that while the threat isn’t imminent, hard…