The US Senate released a draft crypto bill that assigns regulatory responsibilities, creates an ancillary asset classification, and sets minimum standards for exchanges. The proposal aims to reduce legal uncertainty and introduce clearer oversight for digital-asset markets.
South Korea’s Digital Asset Exchange Alliance (DAXA) has firmly rejected the Financial Services Commission’s proposal to limit how much crypto users can hold on local exchanges. The move escalates tensions between regulators aiming to curb risk and an industry warning of unintended consequences.
Coinbase warned lawmakers it may withdraw backing for a major digital asset bill if added restrictions limit its ability to pay interest on customers' stablecoins. The move heightens tensions between exchanges and regulators over how interest-bearing crypto products should be treated.
Coinbase outlined a 2026 strategy prioritizing an "everything exchange" approach across crypto and equities, wider use of stablecoin payments, and expansion of onchain developer tools on Base. The plan signals a push to diversify revenue and deepen Web3 infrastructure.
The Financial Services Commission has proposed new governance rules forcing Upbit, Bithumb, Coinone and Korbit to cut major owners' stakes to 15–20%, aiming to reduce concentration and conflicts of interest.
Local media say Mirae Asset Group is negotiating to acquire South Korean crypto exchange Korbit in a deal that could reach $100 million. The talks signal renewed institutional interest and potential consolidation in Korea's crypto market.
Major exchange Binance will remove five spot trading pairs at the close of 2025, notably affecting Injective (INJ) and VeChain’s VTHO token. The move could reduce liquidity and prompt trading activity to shift to other venues.
Binance Alpha will delist nine tokens on Dec. 19, 2025, the exchange announced, with the removals including a widely traded meme coin. Holders should check their accounts and withdraw or move assets before trading and withdrawal windows close.
Bitfinex has removed all trading fees across its platform, a move that could reshape exchange competition and user economics. Traders and competitors will watch liquidity and revenue impacts closely.
Pakistan's virtual assets authority has given preliminary approval for Binance and HTX to register, set up local subsidiaries and begin preparing full exchange license applications. The move starts a formal pathway for the exchanges to seek permission to operate under Pakistan's regulatory framework.