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Cordant Secures $10M Seed Round to Enhance Financial Infrastructure
Cordant, a financial infrastructure platform established by former executives of Rapyd, has successfully finalized a $10 million seed funding round. The investment was co-led by Motive Partners and Oak HC/FT, with strat…
South Korea’s CBDC Pilot Faces Criticism Over Security Verification
The Bank of Korea's central bank digital currency (CBDC) pilot project has come under scrutiny following revelations regarding its security assessment protocols. Reports from South Korean media outlet Maeil Business, ci…
South Korea Proposes Law to Seize Self-Custodied Virtual Assets
Tax authorities in South Korea are advocating for a significant legislative update to the Criminal Procedure Act to enhance their ability to seize digital assets held in private wallets. This initiative aims to address …
David Sacks Warns Against Using AI Regulation to Suppress Open-Source
David Sacks, co-chair of the U.S. President's Council of Advisors on Science and Technology, has voiced significant concerns regarding the current trajectory of artificial intelligence regulation. Sacks argues that fede…
Senator Warren Demands Trump Disclose Crypto Holdings by July 23
US Senator Elizabeth Warren has formally requested that President Donald Trump provide a voluntary disclosure of his cryptocurrency holdings and income for the period spanning January 1 to July 15. The demand, issued in…
Nigeria Unveils Comprehensive Virtual Assets Regulatory Framework
President Bola Tinubu has signed a landmark executive order focused on the oversight and management of digital assets within Nigeria. Effective immediately, this directive seeks to unify a previously fragmented regulato…
Patrick McHenry Urges Passage of Clarity Act for Crypto Regulation
Former US Representative and former Chairman of the House Financial Services Committee, Patrick McHenry, has issued a call for the immediate implementation of the Clarity Act. This proposed legislation aims to establish…
SEC Proposes Regulation E-Delivery to Modernize Securities Disclosures
The U.S. Securities and Exchange Commission (SEC) has officially announced a proposal for new rules under Regulation E-Delivery, marking a significant shift toward the full digitization of the financial services industr…
CFTC Investigates Kalshi Over Potential Insider Trading Allegations
The Commodity Futures Trading Commission (CFTC) has launched a formal investigation into the prediction market platform Kalshi following allegations of insider trading. The probe centers on suspicious activity within co…
Japan Enacts Landmark Law Classifying Crypto Assets as Financial Products
On July 15, 2026, Japan's House of Councillors officially passed and enacted significant amendments to the Financial Instruments and Exchange Act and the Payment Services Act. This legislative shift redefines the legal …