1 day ago
Asian countries relationship for astir fractional of Adoption Index
Almost fractional of the apical 20 nations successful presumption of grassroots crypto adoption are successful the Asia Pacific region. According to Chainalysis’s recently released 2026 Global Crypto Adoption Index, Japan ranks astatine fig 4, followed by South Korea (5), India (6), Thailand (8), China (12), Indonesia (14), Australia (15), Vietnam (18) and the Philippines (19), which totals 9 countries retired of 20 connected the index.
A large maturation country successful the APAC portion is transverse borderline stablecoin transfers.
Tianwei Liu, co-founder and CEO of StraitsX, told Cointelegraph that successful Asia, fragmented currencies and outgo systems person created request for stablecoin settlement.
“That request is besides extending into mundane spending, with stablecoins sitting down outgo methods radical already use,” Liu said.
Bitget confirms $351M information breach, suspends withdrawals
Crypto speech Bitget has confirmed unauthorized transfers affecting astir $351.6 cardinal successful assets and temporarily suspended withdrawals arsenic it investigates.
The CEO of the Asia-focused exchange, Gracy Chen, said the breach was contained to a information of the exchange’s blistery and lukewarm wallet layers, portion its acold wallets remained secure.
Bitget said it has flagged addresses associated with the transfers and contacted instrumentality enforcement and onchain information firms. The magnitude affected falls wrong Bitget’s User Protection Fund, which presently holds much than $464 million.
Source: Gracy Chen
Binance takes $100M involvement successful Circle nether expanded USDC deal
Binance has invested $100 cardinal successful stablecoin issuer Circle as portion of an expanded five-year statement to beforehand USDC connected the crypto exchange. Under the agreement, Circle volition wage Binance a monthly inducement interest based connected the magnitude of USDC held done Circle’s Modular Smart Contract Wallet infrastructure.
Binance besides agreed to undertake further activities promoting USDC connected its platform.
AUSTRALIA
Australian 40-year economical outlook recognizes ‘AI revolution,’ omits crypto
Australia’s caller 40-year economical outlook has identified artificial quality arsenic 1 of 5 large transitions expected to person a profound effect connected the economy, while leaving retired immoderate notation of crypto.
Coinbase Australia state manager John O’Loghlen told Cointelegraph the study was a missed opportunity. “While the study focuses heavy connected artificial intelligence, it wholly misses the fiscal infrastructure those agents volition need,” helium said.
In related news, OpenAI agents hacked the Australian government’s Medicare system, and the steadfast forgot to notation the incidental until 3 months aboriginal erstwhile it fired an email to a nationalist email address.
KOREA
Bank of Korea launches 24-hour won colony aviator for overseas investors
The Bank of Korea (BOK) launched a aviator of its archetypal 24-hour won colony network, aimed astatine allowing overseas investors to settee won transactions extracurricular South Korea’s mean banking hours.
On Monday, its planetary ligament web started proceedings operations with 4 home lenders: KB Kookmin Bank, Woori Bank, Hana Bank and Shinhan Bank. Full operations are scheduled for January 2027, erstwhile information is expected to grow to different institutions and overseas banks.
The web volition run 24 hours a day, excluding weekends and nationalist holidays
Hana Bank taps Euroclear blockchain for $100M enslaved issuance: Report
South Korea’s Hana Bank has issued a five-year, $100 cardinal integer enslaved using Euroclear’s blockchain-based platform. Using the exertion for enslaved allocation and outgo colony reportedly shortened the process from 3 to 5 concern days to the aforesaid day.
Kakao Pay, KakaoBank to research stablecoin opportunities with Fireblocks
South Korean fiscal companies Kakao Pay and KakaoBank person signed a memorandum of knowing (MoU) with crypto infrastructure supplier Fireblocks to research integer plus opportunities, including stablecoins.
North Korean fake recruiters infect 30K devices, bargain $10.7M successful crypto
North Korean cyber radical WaterPlum targeted developers with fake jobs astatine crypto, AI and NFT companies, infecting astatine slightest 30,000 devices crossed much than 100 countries.
HONG KONG
Animoca puts Currenc merger connected ice, delaying its Nasdaq debut
Animoca Brands has suspended plans to instrumentality the institution nationalist done a reverse merger with Nasdaq-listed Currenc Group. Animoca is simply a Hong Kong-headquartered concern and gaming institution whose portfolio includes The Sandbox, Moca Network and Open Campus.
Both parties mutually agreed connected the determination aft reviewing marketplace conditions and the deal’s projected closing timelines. Animoca said the companies whitethorn resume discussions if conditions permit.
Hong Kong jails ex-banker implicit $1.6B mendacious credit, cryptocurrency bribes
A erstwhile slope authoritative successful Hong Kong who falsely authenticated letters of recognition for much than $1.6 cardinal was sentenced to 4 years successful prison and ordered to marque restitution of much than $470,000 helium received successful cryptocurrency bribes.
HKMA announces plans for on-chain settlement
The Hong Kong Monetary Authority (HKMA) is upgrading its main indebtedness securities colony system, the Central Moneymarkets Unit, to tally connected blockchain 24/7. The upgraded level is designed to grip CBDCs, tokenized deposits and stablecoins.
Boyaa Interactive adds 152 Bitcoin, holds 4,468 BTC
Hong Kong-listed online gaming institution Boyaa Interactive has bought different 152 Bitcoin to bring its full holdings to 4,468 BTC
SAUDI ARABIA/CHINA
Saudi Arabia exits China-backed mBridge CBDC project: FT
Saudi Arabia has withdrawn from mBridge, a China-backed cross-border integer currency task designed to alteration nonstop transactions betwixt cardinal banks, according to the Financial Times.
SAMA, Saudi Arabia’s cardinal bank, joined mBridge arsenic a afloat participant successful June 2024 and ended its information aft completing a impervious of conception connected May 13, 2025, FT reported, citing a connection from the cardinal bank.
SINGAPORE
Singapore tops crypto wealthiness migration rankings for 4th year
Singapore ranked No. 1 for a 4th consecutive twelvemonth connected the Henley Crypto Adoption Index which assesses 36 countries based connected which offers the champion conditions for cryptocurrency investors to relocate and settle.
VIETNAM
56 crypto scammers arrested
Bilyonaryo reports that 56 alleged scammers moving successful crypto fraud ringing that stole millions from Vietnamese investors person been arrested successful Cambodia and Vietnam.
Cointelegraph publishes long-form journalism, investigation and communicative reporting produced by Cointelegraph’s in-house editorial squad with subject-matter expertise. All articles are edited and reviewed by Cointelegraph editors successful enactment with our editorial standards. Some articles incorporate affiliate links, from which Cointelegraph whitethorn gain a commission. These relationships bash not power which products we reappraisal oregon our editorial conclusions. Content published successful present does not represent financial, ineligible oregon concern advice. Readers should behaviour their ain probe and consult qualified professionals wherever appropriate. Cointelegraph maintains afloat editorial independence.
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