Hong Kong Regulators Move Forward With Crypto Licensing Frameworks

The Hong Kong SFC and FSTB publish consultation results and launch a new review of advisory and management regimes for virtual‑asset service providers. Hong Kong’s Financial Services and the Treasury Bureau (FSTB) and the Securities and Futures Commission (SFC) announced on 24 December 2025 that they have concluded consultations on legislative proposals for virtual‑asset (VA) dealer and … Read more

Kyrgyzstan Nation‑backed Stablecoin KGST Listed on Binance

KGST, a stablecoin fully backed by the Kyrgyz som, is now trading on Binance, marking the first CIS‑nation backed token on a global exchange. President Sadyr Japarov announced on Wednesday that the Kyrgyz stablecoin KGST has been listed on the global cryptocurrency exchange Binance, with the token backed 1:1 by the national currency, the som. … Read more

Hashkey Capital Closes $250 Million Fund IV to Boost Global Blockchain

Hashkey Capital announces the first closing of its Fund IV with $250 million in commitments. Hashkey Capital, a leading crypto‑focused asset manager, confirmed the first closing of its fourth fund, Hashkey Fintech Multi‑Strategy Fund IV, securing $250 million from institutional investors, family offices and high‑net‑worth individuals. The fund targets a final $500 million AUM and will pursue multi‑strategy investments in … Read more

Bybit Ends Services for Japanese Residents, Implements Account Restrictions

Bybit will discontinue its platform for Japan‑based users and enforce verification deadlines to meet local regulations. Bybit announced on 22 December 2025 that it will cease services for residents of Japan and gradually apply account restrictions starting in 2026. Users who receive a residency notice must complete Identity Verification Level 2 (proof of address/KYC 2) by 22 January 2026 to retain … Read more

Bank of Russia Proposes New Crypto‑Market Regulation Framework

The Russian central bank releases a concept allowing qualified and non‑qualified investors to buy crypto assets under differentiated rules. The Bank of Russia announced a draft regulatory concept for the Russian cryptocurrency market, which it has submitted to the government for legislative review. The proposal permits both qualified and non‑qualified investors to purchase crypto assets, … Read more

Fasset Teams up With ADI Foundation to Enable Dirham‑backed Stablecoin Infrastructure

Fasset will provide regulated onboarding, KYC and on‑/off‑ramp services for ADI Foundation’s Dirham‑backed stablecoin infrastructure in Abu Dhabi. On 24 December 2025 in Abu Dhabi, United Arab Emirates, Fasset announced a strategic partnership with ADI Foundation, the Abu Dhabi‑based non‑profit founded by Sirius International Holding (a subsidiary of IHC). The agreement gives Fasset responsibility for compliant onboarding, KYC and on‑/off‑ramp infrastructure to … Read more

Hong Kong Insurance Authority Proposes New Crypto and Infrastructure Capital Rules

The regulator unveils a draft framework imposing a 100 % risk charge on crypto assets and offering incentives for infrastructure investments. The Hong Kong Insurance Authority reportedly proposed on 4 December that it will open a public consultation from February to April on a proposed risk‑based capital regime that channels insurer capital into cryptocurrencies, stablecoins and … Read more

Klarna Partners With Coinbase to Integrate USDC Stablecoin Funding

Digital payments provider Klarna expands financial strategy by partnering with Coinbase to utilize USDC stablecoins for institutional short-term funding. Klarna, a global flexible payments provider, has announced a strategic partnership with Coinbase to incorporate USDC stablecoin funding into its existing financial mix. The digital bank plans to raise short-term funding from institutional investors using Coinbase’s … Read more

Kaspersky Warns of Stealka Stealer: New Malware Targeting Gamers and Software Pirates

Kaspersky discovers Stealka, a sophisticated infostealer disguised as game mods and pirated software, capable of stealing cryptocurrency wallets, account credentials, and system data across multiple platforms. Kaspersky researchers have uncovered a new infostealer named Stealka, which primarily spreads through popular platforms like Github and Sourceforge. The malware masquerades as game cheats, mods, and software cracks, … Read more