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Vietnam Crypto Market Advances as Five Firms Pass Exchange Review

Vietnam is moving closer to a regulated crypto market after five companies passed an initial exchange assessment, although no applicant has received a license yet. The pilot program requires heavy capital, institutional ownership, Level 4 security standards, and anti-money laundering controls before any exchange can operate. New administrative penalties take...

Sberbank Plans BTC, ETH and USDT Loan Collateral

Prominent Russian financial institution Sberbank plans to accept Bitcoin, Ethereum, and USDT as loan collateral as Russia prepares a new cryptocurrency regulatory framework that takes effect from September 1, 2026. Russia’s largest bank intends to expand crypto-backed lending beyond Bitcoin to Ethereum and Tether’s USDT. Ethereum and USDT collateral will...

SEC Moves Crypto Custody Rule Overhaul to White House Review

SEC custody overhaul reaches White House review, advancing the rulemaking process. Proposed changes could modernize digital asset custody rules for investment advisers. Final provisions remain unclear until the SEC publishes the proposal for public review. The U.S. Securities and Exchange Commission has advanced a proposed crypto custody overhaul to White...

39 U.S. Banking Groups Launch Blockchain Network for 2027

BankChain Alliance unites 39 state banking groups to develop shared blockchain infrastructure. The network will support tokenized deposits, stablecoins, smart payments and settlement. BankChain targets 2027 but still needs a technology partner, bank commitments and approvals. Thirty-nine U.S. state banking associations have formed BankChain Alliance, targeting a 2027 launch for...

Kraken Locks Customer Accounts in 12,000-Transfer Dust Attack

Nearly 12,000 tiny HTX-linked transfers triggered compliance reviews at Kraken. Kraken restored affected accounts but continues holding disputed sanctioned funds. HTX denies responsibility, leaving the wallet attribution and sender unresolved. Kraken temporarily restricted some customer accounts after nearly 12,000 tiny crypto transfers triggered compliance reviews across its platform. The transfers...

Banks and Regulators Launch Quantum-Safe Crypto Pilot on NEAR

Banks test quantum-safe digital asset wallets and transfers on NEAR’s testnet. MPC technology supports ML-DSA-65 signatures for post-quantum transaction security. Regulators assess governance, resilience and cross-border interoperability risks. Banks and regulators have launched a cross-regional pilot testing quantum-safe infrastructure for digital asset wallets and transfers on the NEAR testnet. The...