Regulation

In the same period last year, profit was RMB 1.404 billion.

Coins.ph, the largest cryptocurrency exchange in the Philippines, is facing punitive action from financial regulators at the country's central bank, according to two people with knowledge of the situation.

Starknet, the Ethereum layer-2 network developed by StarkWare, has launched a wallet privacy feature called Shadow Accounts that allows users to engage with decentralized finance (DeFi) applications without publicly linking those activities to their main wallets.

Standard Chartered’s Dubai International Financial Centre branch has begun offering institutional custody for Ripple USD, or RLUSD, issued on the XRP Ledger.

South Korea has approved measures to block domestic access to 27 websites operated by unregistered cryptocurrency exchanges and virtual asset service providers, including major platforms such as KuCoin, MEXC, Phemex and Bitrue.