South Korea’s Financial Services Commission (FSC) is pushing forward with proposals to impose ownership caps on cryptocurrency exchanges, signaling a major regulatory shift to enhance oversight in the virtual asset sector. On January 28, 2026, FSC Chairman Lee Eog-weon emphasized the need to limit major shareholders’ stakes to around 20% (with discussions centering on 15-20%), treating leading platforms as critical …
Latest News
January, 2026
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28 January
Nomura’s Crypto Arm Laser Digital Reportedly Eyes US Bank Charter
Nomura’s crypto-focused subsidiary, Laser Digital, has filed an application with the Office of the Comptroller of the Currency (OCC) to establish Laser Digital National Trust Bank (LDNTB), a proposed federally regulated national trust bank dedicated to digital assets. Announced on January 27, 2026, this move aims to deepen Laser Digital’s institutional presence in the U.S. by providing regulated custody and …
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28 January
Bitcoin Rises to $89K as Asia Opens Uneven, Gold Surges to New High
Asian markets opened unevenly on January 28, 2026, as investors balanced risk assets like cryptocurrency with safe-haven commodities amid ongoing global uncertainty. Bitcoin (BTC) traded around $88,000–$89,000, showing resilience after recent pullbacks, while gold extended its rally to fresh all-time highs above $5,100 per ounce. Bitcoin Update BTC has fluctuated in the $87K–$89K range over the past day, reflecting cautious …
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28 January
Senior Thai Power Officials Caught Running Unauthorized Crypto Mines
Thailand is reeling from a high-profile corruption case involving senior Provincial Electricity Authority (PEA) officials accused of facilitating illegal Bitcoin mining by abusing their positions to enable massive electricity theft. The scandal, exposed in late January 2026, has ignited public outrage over misuse of state resources and governance failures in the energy sector. What Happened? The Department of Special Investigation …
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28 January
Thailand Shock: Senior Electricity Bureau Officials Involved in Crypto Mining Scandal
Thailand is facing a significant corruption scandal as senior officials from the Provincial Electricity Authority (PEA) have been linked to illegal cryptocurrency mining operations that siphoned off electricity worth several billion baht. The case, uncovered by the Department of Special Investigation (DSI), has triggered public outrage and demands for accountability in the energy and crypto sectors. **What Happened?** Investigations revealed …
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28 January
Coinbase Tests Flipcash’s USDF with Its Own Custom Stablecoins
Coinbase, a leading cryptocurrency exchange, has initiated backend testing of USDF, a custom stablecoin developed by crypto infrastructure firm Flipcash, as it advances its Custom Stablecoins program. Announced in December 2025, this initiative allows businesses to create branded, dollar-backed stablecoins fully collateralized 1:1 by flexible assets like USDC, with Coinbase handling issuance, custody, compliance, and security. **What is Flipcash’s USDF?** …
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27 January
Australian Court Fines BPS Financial Over Crypto Qoin Wallet Promotion
Australia’s Federal Court has imposed A$14 million (approximately US$9.3 million) in pecuniary penalties on BPS Financial Pty Ltd for breaches related to the promotion and operation of its Qoin Wallet crypto product, as announced by the Australian Securities and Investments Commission (ASIC) on January 27, 2026. The penalties comprise A$12 million for misleading and deceptive conduct—specifically, false or misleading representations …
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27 January
Base Won’t “Pump” Tokens: Jesse Pollak Calls Market Manipulation Illegal
Jesse Pollak, creator and lead of Coinbase’s Ethereum Layer-2 network Base, issued a firm statement on January 27, 2026, rejecting any form of token price manipulation by the Base core team. In a direct response to community calls urging the team to “support charts behind the scenes” or deploy capital to boost specific ecosystem tokens, Pollak labeled such practices as …
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27 January
Bitwise Unveils Non-Custodial Onchain Yield Vaults on Morpho With 6% APY Target
Crypto asset manager Bitwise has deepened its foray into decentralized finance (DeFi) by launching non-custodial vault curation on the Morpho protocol, announced January 26, 2026. The initial strategy targets an annual percentage yield (APY) of up to 6% on stablecoins, primarily USDC, through overcollateralized lending pools with active risk management. Unlike custodial products, these vaults keep user assets fully onchain …
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27 January
Ethereum Hits Speed Bump After Fusaka Upgrade as Data-Heavy Blocks Surge
Ethereum’s Fusaka upgrade, activated on December 3, 2025, aimed to dramatically boost scalability by introducing Peer Data Availability Sampling (PeerDAS) and significantly increasing blob capacity—up to 8x initially, with subsequent Blob-Parameter-Only (BPO) forks pushing max blobs per block to 21 by early January 2026. These changes expanded data throughput for Layer-2 (L2) rollups like Arbitrum, Optimism, and Base, lowering fees …
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