KuCoin, BitMart, and MEXC blocked in South Korea as regulators target web access

“User assets remain safe and secure, and we will communicate any further updates through our official channels.” BitMart, Phemex and MEXC did not immediately respond to a CoinDesk request for comment. South Korea’s proposed Digital Asset Basic Law, yet to come into force, would set the groundwork for a legal framework for digital assets, including…

France Lawmakers Back $112K Crypto Wallet Disclosure Proposal

French lawmakers have backed a proposal that would require holders of self-custodied crypto assets to report holdings equal or above 100,000 euros ($112,000) or face penalties.  The amendment, numbered I-CF821, was adopted by the National Assembly’s Finance Committee on Friday, and would introduce reporting requirements for crypto that isn’t held by a crypto-asset service provider,…

UK Court Rules Chinese Law Applies to 61K Bitcoin Claims

Chinese fraud victims seeking to recover 61,000 Bitcoin seized by the British government have lost a key legal battle after London’s High Court ruled that Chinese law, rather than English law, should govern claims to the assets. On Monday, Justice Mark Turner rejected arguments for applying English law or a combination of English and Chinese…

FSB Outlines Stablecoin and AI Priorities for G20

The Financial Stability Board (FSB), a global financial watchdog, has outlined financial stability risks associated with artificial intelligence and regulatory concerns surrounding stablecoins. In a letter published Monday, FSB Chair Andrew Bailey warned that cross-border mechanisms for stablecoin oversight and crisis management “remain immature or are not yet developed.” In its 2025 review, the FSB…

Tom Lee sees $2 trillion wealth transfer fueling crypto rally as Bitmine (BMNR) buys more ether (ETH)

Lee also noted Wall Street’s growing use of blockchain technology to represent financial assets, the rise of AI applications and crypto treasury companies holding tokens for the long term as possible drivers of a new rally. Bitmine inches closer to its 5% ETH goal Lee’s remarks came alongside Bitmine’s latest crypto holdings update, which showed…

Bitcoin Traders Eye $82,500 Support Zone Ahead of US CPI, PPI Data

Bitcoin (BTC) starts the third week of October by defending support at $82,500 ahead of key US inflation data. Key points: US CPI print on Wednesday and PPI data on Thursday provides the week’s major risk-asset volatility catalyst, with markets seeing CPI at 3.7% year-on-year. Oil prices react to the US plan to buy Russian…

Aptos Launches Encrypted Transactions to Combat MEV Attacks

Layer-1 blockchain Aptos has launched an optional new feature that could help shield traders from attacks involving maximal extractable value (MEV), including frontrunning and sandwich attacks.  On Monday, Aptos said its Encrypted Mempool feature is now live on its mainnet, allowing users to opt in to keep pending transactions encrypted until their block ordering is…

Fairshake PAC Reports $2.7M in Spending on ’Pro-Crypto’ Candidates

Affiliate entities of Fairshake, the US political action committee (PAC) funded largely by contributions from investment banking company Cantor Fitzgerald, cryptocurrency exchange Coinbase and Ripple Labs, reported millions of dollars worth of ad buys to support candidates they considered in favor of pro-digital asset policy with the country’s midterm elections less than a month away….

Bitcoin Bids Line Up at $82,000 as Oil Gains on Ukraine, Iran Woes

Bitcoin (BTC) gave back early-week gains into Monday’s Wall Street open as doubts compounded over a Russia-Ukraine “energy ceasefire.” Key points: Bitcoin reached $84,250 before falling 2.2% amid market nerves over oil supplies and the Russia-Ukraine “energy ceasefire.” Analysis saw too much “risk premium” priced in to oil markets in the face of improving shipping…

Palantir’s (PLTR) Louis Mosley warns Europe is ‘missing the boat’ on AI

Palantir (PLTR) head of U.K. and Europe Louis Mosley warned that the region is making the same mistake with artificial intelligence (AI) that it made with the internet. Where the U.S. “got the internet right,” built a score of businesses and became the backbone of the digital economy, Europe “missed the boat,” Mosley told CoinDesk…