Author: NBTC

Telegram’s built-in cryptocurrency wallet service, Wallet, has started offering Korean-language support to users in South Korea, prompting debate over whether the platform is operating without proper regulatory approval. The move, first reported by News1, goes beyond simple custody, allowing users to buy, swap, and transfer virtual assets, as well as trade perpetual futures and tokenized stocks. Under South Korea’s Act on Reporting and Using Specified Financial Transaction Information, such activities may require registration as a virtual asset service provider (VASP) with the country’s Financial Intelligence Unit (FIU). What Services Does Telegram Wallet Offer? Telegram Wallet is integrated into the messaging…

Dunamu, the operator of South Korea’s largest cryptocurrency exchange Upbit, has denied media reports that it is preparing for a U.S. listing. The denial follows a report by The Asia Business Daily that suggested the company was moving toward a Nasdaq listing. Company response and clarification In a statement, Dunamu said it plans to pursue a listing after a comprehensive stock swap is completed, but added that it has not yet decided in which country it would seek the listing. The company also said speculation about U.S. listing preparations stemmed from inquiries about differences between South Korean and U.S. accounting…

Investment management giant Vanguard has increased its exposure to Bitcoin treasury company Strive Asset Management, adding more than 269,000 shares through one of its flagship index funds as institutional exposure to Bitcoin-linked equities continues to expand. According to an update shared by BitcoinTreasuries.NET, Vanguard’s Vanguard Total Stock Market Index Fund (VTSAX) increased its position in Strive Asset Management ($ASST) by 269,200 shares to approximately $3.2 million. The purchase brings the fund’s total holdings to 1.98 million shares, worth roughly $23.7 million. Joe Burnett, Director of Market Research at The Bitcoin Way, argued that the trend shows the growing integration of…

Securitize’s tokenized high-yield credit fund is live as collateral on Loopscale, letting eligible investors borrow the $USDG stablecoin against their shares without redeeming the position. That puts sub-investment-grade corporate credit into an onchain lending market whose collateral has been almost entirely Treasuries, government money-market funds and investment-grade paper. The fund’s net asset value moves with credit spreads and rating migrations, which means Loopscale is underwriting a mark that can fall — on an asset only allowlisted wallets are permitted to hold. The Neuberger Securitize High Income Tokenized Fund, ticker HINC, launched Aug. 18 on Avalanche, Ethereum, Solana and Sui. It…

Ethereum has fallen 2.3% over the past 24 hours to roughly $2,414, putting the $2,400 level under pressure as geopolitical tensions, higher Treasury yields and large whale transfers weigh on $ETH. CoinGecko puts $ETH at $2,414 at the time of writing, after the token fell from the $2,480 area and briefly traded below $2,400 during the past 24 hours. Ethereum is also down 2.1% over the past seven days, although it remains up 26.6% over 14 days and 29.6% over the past month. The latest decline has come as renewed fighting between the United States and Iran pushed investors away…

The most consequential crypto launch of 2026 happened with almost no ceremony. On May 13, Charles Schwab began rolling out spot trading in bitcoin and ether to retail clients, inside the half-year window CEO Rick Wurster had promised, at a flat 75 basis points per trade, custodied at Schwab’s own bank with Paxos providing sub-custody and execution. By the July earnings call the rollout was “going as planned”, a crypto transfers pilot was starting, and Schwab had taken an equity stake in Paxos. The firm behind it reported $13.1 trillion in client assets and 39.8 million brokerage accounts in the…

Ripple has joined forces with Clearpool and Cicada Partners to bring real-world credit to the $XRP Ledger (XRPL), according to an Aug. 20 statement. The companies aim to create an an onchain lending model for institutional investors backed by Clearpool’s lending infrastructure, Cicada’s credit underwriting, and Ripple’s investment capital. The effort comes as the partners argue that most DeFi yield is still generated by crypto market activity rather than productive lending. They estimate that roughly 98% of yield comes from mechanisms including looping, arbitrage, basis trades, points and liquidity mining. That has left institutional allocators without a clear path into…

A South Korean lawmaker has introduced a bill that would push back the country’s planned cryptocurrency taxation to 2029, arguing that current tax infrastructure is not equipped to handle transactions on decentralized platforms. Kim Sang-hoon of the ruling People Power Party (PPP) filed the amendment to the Income Tax Act on Aug. 28, according to a report by Digital Asset. Proposed Delay and Rationale Kim’s proposal seeks to move the taxation of virtual assets to January 2029, two years later than the currently scheduled start date of January 2027. The lawmaker said the National Tax Service lacks sufficient tools to…

Crypto wallet service IZAKA-YA has temporarily suspended transfers and withdrawals for certain accounts as part of an ongoing investigation into transactions suspected of involving money laundering. The Hong Kong-based operator confirmed the move on Aug. 24, stating in a notice that it had identified “some transactions suspected of illegal fund inflow or money laundering” and halted fund movements for accounts requiring further review. Background and Scope of the Suspension IZAKA-YA, which provides custodial wallet services primarily to Asian retail users, has not disclosed the exact number of affected accounts or the total value of frozen assets. The company said the…

Price Rebounds From Overnight Low The move higher came after bitcoin briefly slipped below $63,000 in the prior session before buyers consistently defended that area. Once price reclaimed $64,000, momentum slowed instead of accelerating, a sign that traders were willing to bid the dip but remained reluctant to chase strength before a major macro event. $BTC/USD 1-hour chart via Bitstamp on July 29, 2026. Image source via bitcoinwisdom.io. Market data on Wednesday shows bitcoin trading in the mid-$64,000 range, while daily volume holds between $24 billion and $25 billion. Market capitalization remains near $1.29 trillion with approximately 20.06 million $BTC…