The Central Bank of Malaysia plans to provide clearer guidance on the use of stablecoins and tokenized deposits by the end of 2026.

Strengthen silver-tax interaction! China encourages banks to use blockchain, but people trading coins and doing tokenization are all breaking the law

The Chinese government encourages banks to use blockchain technology to strengthen “bank-tax interactions,” improve the financing environment for small and medium-sized enterprises. At the same time, it fully bans private cryptocurrency trading and mining, treats stablecoins and tokenization as illegal activities, demonstrates clear policy boundaries, and emphasizes official oversight and financial security.

Prediction markets win big! Court rules: New Jersey has “no authority to ban” Kalshi from launching sports event contracts

The U.S. Federal Court of Appeals ruled that the state of New Jersey lacks the authority to bar Kalshi, a sports-betting prediction market platform regulated by the CFTC, from launching sports event contracts, finding that federal law takes precedence over state law. Although Kalshi prevailed, experts say this is only a temporary victory, and the Supreme Court will ultimately need to decide the jurisdiction issue.

SEC Crypto Safe Harbor Moves to White House Review as Atkins Signals Proposal Is Near

The SEC's proposed crypto safe harbor framework is now under White House review, suggesting readiness for formal rulemaking. Chair Paul Atkins indicated that the plan aims to allow crypto projects to raise capital without immediate securities registration, shifting the conversation from general principles to specific regulations.

Does the party fear secret mobilization? Jack Dorsey: China is asking Apple to remove Bitchat, a decentralized communications app

Apple removed the decentralized messaging app Bitchat due to China’s regulatory requirements. Because of its Bluetooth and mesh network features, it was deemed to pose a risk of social mobilization and was found to violate China’s Cybersecurity Law. Bitchat’s decentralized architecture makes it difficult for the government to regulate, and it has played a role in anti-government protests across multiple countries. The app is still usable outside of China, and its downloads have continued to increase recently.

Korean financial regulators require crypto exchanges to reconcile assets every 5 minutes, strengthening internal controls

The Financial Services Commission of Korea requires all domestic cryptocurrency exchanges to reconcile accounts every 5 minutes to address internal control vulnerabilities exposed by recent payment incidents. The new regulations include establishing automated reconciliation systems, setting standards for when trading must be paused, and strengthening reviews of high-risk processes, with the goal of improving asset security.

The Ministry of State Security warns: Token scams are occurring frequently; you may be involved in illegal financial activities or be exploited by overseas intelligence agencies

The Ministry of State Security has recently warned about various scams that use the slogan “accumulating Tokens can make you rich” and said these activities endanger the country’s economic security. It also urged the public to handle illegal cryptocurrency trading with caution.