Tag: Report

CoinDCX Report Shows Wider Portfolios Among Indian Crypto Traders

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Indian crypto investors using CoinDCX appear to be taking a more deliberate, portfolio-based approach to digital asset investing, with early signs of longer-term allocation behavior emerging in 2025.  On Thursday, the exchange released its annual report, which suggested that users are gradually shifting away from a “crypto equals Bitcoin” mindset toward more diversified holdings. CoinDCX data showed that the average customer now holds about five tokens, a notable increase from two to three tokens per investor in 2022.  The report also noted that layer-1 assets accounted for 43.3% of portfolio…

Taiwan to Pass Stablecoin Regulations in Late 2026: Report

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Taiwan could see its first stablecoin launched as early as the second half of 2026 as lawmakers advance new rules for digital assets, according to one of the country’s financial regulators. According to a Focus Taiwan report on Wednesday, Financial Supervisory Commission (FSC) Chair Peng Jin-lon said that, based on the timeline for passing related legislation, a Taiwan-issued stablecoin could enter the market in the second half of 2026. Should the Virtual Assets Service Act pass in the country’s next legislative session, and accounting for a six-month buffer period for…

Turkmenistan Passes Law to Regulate Crypto Market: Report

Key Notes Turkmenistan has taken a step towards regulating the crypto ecosystem in its region. President Serdar Berdymukhamedov signed a law that will come into force on January 1. In the Central Asia region, Kyrgyzstan recently launched a national stablecoin in partnership with Binance. The Central Asia nation, Turkmenistan, has passed a law that legalizes and regulates digital assets. In a November 28 report, it was stated that the country will now begin to issue licences to cryptocurrency exchanges and crypto mining companies. The law, which was signed by President…

Berachain Claims Report on VC Refund Deal ‘Incomplete’

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The founder of Berachain has thrown cold water on a recent report suggesting that one of its lead Series B backers was granted the right to be refunded $25 million, calling the framing “incomplete” and “inaccurate.” Unchained reported on Monday that Berachain gave Brevan Howard’s crypto-focused fund, Nova Digital, a one-year right to a refund on its $25 million investment in Berachain’s Series B round in April 2024. Unchained also provided a side letter signed by Berachain general counsel Jonathan Ip and Nova director Carol Reynolds that said Nova can…

Upbit Plans Nasdaq IPO After Naver Merger: Report

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Dunamu, the parent company of South Korean crypto exchange Upbit, is reportedly looking to debut in the US after it finalizes its merger with local tech giant Naver. Dunamu wants to launch an initial public offering on the tech-heavy Nasdaq after its merger closes, which is expected to occur later this week, the Seoul Economic Daily reported on Monday.  Local outlet The Chosun Daily reported on Monday that Dunamu and Naver plan to hold separate board meetings on Wednesday to approve the merger. If passed by each board, the CEOs…

Japanese Watchdog to Require Exchanges to Hold Liability Reserves: Report

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The Financial Services Agency in Japan will reportedly require cryptocurrency exchanges to maintain liability reserves as part of measures to guard against hacks or unforeseen events. According to a Monday Nikkei report, Japan’s FSA will revise its requirements for local companies to include methods for quickly compensating users affected by security breaches or other causes. The financial watchdog cited recent hacks of global exchanges as part of the reason behind the change. The Financial System Council, an advisory body to the FSA, is set to release a report on the…

Bitkub Plans Hong Kong IPO, Report Says

Key Notes Bitkub is looking to raise approximately $200 million in a major expansion move. As a result, it is eyeing an IPO in Hong Kong, scheduled for 2026. This comes as Hong Kong eyes a transformation to be a regional digital asset hub. Bitkub is looking to raise $200 million and is considering an Initial Public Offering (IPO) in Hong Kong to achieve this feat, according to a Bloomberg report. Notably, it plans to have the IPO go live by 2026. It perceives Hong Kong as a strong market…

Thailand’s Bitkub Exchange Considers Hong Kong IPO: Report

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Bitkub, Thailand’s biggest cryptocurrency exchange, is considering an initial public offering (IPO) abroad amid a downturn in the local stock market. Bitkub is planning to raise $200 million as part of a potential IPO in Hong Kong, Bloomberg reported on Monday, citing unidentified sources familiar with the matter. Founded in 2018, Bitkub trades about $66 million daily, according to CoinGecko data. The exchange had considered an IPO in Thailand, targeting a public launch in 2025, which has reportedly been stalled because of volatility and uncertainty in the Thai stock market.…

Report: US Probes Bitmain Over Bitcoin Miners, Espionage Risks

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Bitmain Technologies is reportedly under a federal investigation, dubbed Operation Red Sunset, to determine whether its devices pose a threat to U.S. national security. Federal Probe and Scope of Investigation Bitmain Technologies Ltd., the Chinese manufacturer that supplies most of the world’s Bitcoin-mining machines, has been the subject of a months-long federal investigation into whether […] Original

US Probes Bitmain ASICs for National Security Risks: Report

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The leading Bitcoin mining application-specific integrated circuit (ASIC) manufacturer, Bitmain, which is based in China, is reportedly under investigation in the US over national security concerns. According to a Friday Bloomberg report, an unspecified US official and six other anonymous people familiar with the matter said that Bitmain’s hardware is at the center of a federal investigation known as “Operation Red Sunset.” The investigation, led by the US Department of Homeland Security, reportedly seeks to determine whether the ASICs could be remotely controlled for spying or to sabotage the US…