Cointelegraph

Thailand’s crypto industry is facing fresh regulatory scrutiny after authorities accused Bitkub, one of the country’s largest digital asset exchanges, of providing false information to regulators.
Thailand’s Securities and Exchange Commission (SEC) filed a criminal complaint against Bitkub Online and two former directors over alleged false reporting connected to a 2021 cyberattack, the regulator announced on Thursday.
The complaint names former Bitkub directors Sakolkorn Sakavee and Thaweesap Rawan, who the SEC said were responsible for submitting company reports during the period under investigation.
The case comes as Bitkub’s parent company considers a potential public listing, putting renewed attention on transparency and governance at one of Thailand’s most prominent crypto businesses.
SEC alleges Bitkub failed to disclose impact of hack
The SEC said a cyberattack in May 2021 resulted in the theft of 16 types of digital assets from Bitkub, worth about 1.7 billion baht ($50 million).
The regulator alleged that Bitkub later replaced the stolen assets by Oct. 31, 2021, but failed to accurately reflect the impact of the incident in its daily net liquid capital reports.
According to the SEC, reports submitted between May 10 and Oct. 30, 2021, did not show a significant reduction in the exchange’s assets following the theft.
Former Bitkub directors Sakolkorn Sakavee (left) and Thaweesap Rawan. Source: Bangkok Post
The regulator alleged that the omission gave the impression that customer assets remained unchanged and that the exchange had not suffered losses from the attack.
The SEC accused Bitkub and the former directors of violating multiple provisions of Thailand’s digital asset regulations over the alleged false disclosures. The case will now proceed through investigation, possible prosecution and court proceedings.
Bitkub says disclosure delayed to prevent bank run
Bitkub disputed the SEC’s allegations in a post on X, saying the case stems from disclosure decisions made after the May 2021 cyberattack rather than fraudulent conduct. The exchange said it delayed disclosing the wallet compromise to prevent a bank run while it addressed the loss of the stolen assets.
The company said its co-founders later purchased equivalent digital assets to cover the stolen funds, leaving neither the company nor its customers with financial losses. The company added that it has since strengthened its governance, compliance and security systems.
Founded in 2018, Bitkub has emerged as one of the largest crypto exchanges in Thailand. According to CoinGecko, the platform ranks first among Thai crypto exchanges by trust score and had about $712 million in daily trading volume at publishing time.
Source: CoinGecko
In December 2025, Bitkub confirmed to Cointelegraph it was considering an initial public offering (IPO), including a potential listing in Hong Kong.
Cointelegraph reached out to Bitkub for additional comment on the SEC’s complaint and its IPO plans but had not received a response by publication.
Magazine: Binance & OKX users face $1,900 fines in Vietnam, Coinbase in China? Asia Express

Decentralized exchange (DEX) aggregator Odos Protocol announced plans to shut down operations, giving users until July 30 to withdraw their assets.
The team said in a Thursday X post that the Odos DAO is separate from the operating company and will announce its own plans, while the ODOS token will continue to exist onchain. It didn’t provide a rationale for the decision.
Odos Protocol’s DEX aggregator volume has been declining over the past two years, falling to $169 million in July 2026 from a peak of $7.8 billion in December 2024. The protocol generated $2.72 million in annualized revenue, according to DefiLlama data.
Several crypto platforms and decentralized finance (DeFi) protocols have announced closures in recent months. Derivatives exchange BitMEX announced plans to shut down operations on Thursday, after 11 years.
Magazine: Why Peter Thiel’s Founders Fund walked away from an Ether treasury bet

ブラジルのB3証券取引所は、トークン化された家畜を担保にして、乳牛に新たな用途が見いだされたと報じられている。
この取引では、ブラジル南部のパラナ州にあるファゼンダ・エンゲンホ・ヴェリョから10頭の乳牛で担保された、10万ブラジル・レアル（約1万9,600米ドル）の融資が行われた。乳牛の価値は約12万ブラジル・レアル（約2万3,500米ドル）とされる。取引の組成はブラジルの投資ファンドTarget FIDCが担当したという。CNN Brasilによると、だ。
各牛には暗号化されたデジタル・アイデンティティに紐づく固有のデジタル・トークンが付与され、農業テック企業CowmedのAI搭載スマート首輪が各動物の健康状態を監視することで、物理的な検査の必要性を減らしている。

韓国のテクノロジー大手サムスン電子は、従来の決済にとどまらず、ステーブルコインのサポートを追加することでSamsung Walletを拡張する計画だと発表した。
同社は、決済、リワード、デジタル資産を1つのウォレット体験に統合していく方向に進んでいると、サムスンのプロダクトマネージャーであるリー・ディナム氏が、水曜日に開催された年次のGalaxy Unpackedの場で述べた。
“Samsung Walletは現金や貯蓄を超えて拡大し、ステーブルコインを含む新しい形のデジタル価値を取り入れていくでしょう。”とディナム氏は述べた。さらに、同氏はこの動きにより「ステーブルコインをスマートフォンにネイティブ対応させる、最初の主要モバイルブランドの1つになる。これにより、迅速で信頼できるデジタル価値の送金が可能になる」と付け加えた。

The Bank of the Philippine Islands (BPI) is planning to pilot a stablecoin-based settlement rail for cross-border payments to freelancers, virtual assistants and other workers receiving overseas income, according to local media reports.
Developed with global digital clearinghouse Meridian, the system is intended to reduce the cost and processing time of inbound payments while retaining safeguards used in traditional banking transactions, according to ABS-CBN and the Philippine Daily Inquirer.
Stablecoins would be used as a settlement instrument before the funds are converted to Philippine pesos and credited to recipients’ BPI accounts.
BPI President and CEO Jose Teodoro Limcaoco said exploring stablecoin rails was a natural extension of the bank’s digitalization strategy, adding that the bank aims to make funds arrive faster and more cheaply without compromising security.
The pilot will initially focus on payroll and other overseas earnings, with BPI planning a broader rollout ahead of the 49th ASEAN Summit in November.
The bank said it would coordinate with the Bangko Sentral ng Pilipinas, the nation’s central bank, while any wider rollout would depend on consumer protection, stablecoin reserve transparency and other regulatory safeguards.

ビットコイン（BTC）投資家は総体として再び含み益に戻っていますが、オンチェーンのデータは新たな強気相場を確認するにはまだ早いことを示唆しています。
主なポイント：
ビットコインの供給の収益性は改善しているが、市場回復を確認する前に、そのトレンドが持続することを証明する必要があると、CryptoQuantは述べています。
利益が出ている供給は現在60%に近づいており、1か月前の2026年の安値近辺（46%）から上昇しています。
長期保有者のオンチェーン上の損失が依然として支配的——強気な回復に対する注意点です。
ビットコインの損益指標：2回目の誤ったブレイクアウトに関するリスク

South Korean crypto exchange Korbit will reportedly rebrand as Digital X after becoming part of Mirae Asset Group.
Mirae Asset founder and global strategy officer Park Hyeon-joo announced the new name in an internal email to employees on Thursday, according to a Herald Business report. Park reportedly described Digital X as central to the group’s “Mirae Asset 3.0” strategy, which aims to combine digital assets with traditional finance.
The company plans to expand into real-world asset (RWA) tokenization, security token offerings, stablecoins and traditional asset products. Park said the exchange would prioritize anti-money laundering controls, customer verification, information security and fraud detection as South Korea develops its crypto and tokenized securities rules.
Mirae completed its acquisition of a 97% stake in Korbit on Thursday. Korbit said that its existing services would continue without changes following the acquisition.

Ripple, a blockchain-focused fintech company, has launched Ripple Mint, a platform that gives institutions new ways to access, mint, redeem and manage its US dollar-pegged stablecoin, Ripple USD (RLUSD).
The company announced Ripple Mint on Thursday, describing it as a unified platform that lets institutions manage RLUSD through a web interface or direct application programming interface (API) integrations.
“Ripple Mint is built to give institutions flexible access to digital dollars through the workflows that fit their needs,” Ripple said, adding that the platform is designed to support both manual operations and automated integrations as institutions adopt stablecoins for payments, trading and treasury activities.
RLUSD launched in December 2024 with a focus on institutional use, although the stablecoin has also gained traction among retail users. The token has grown into one of the larger US dollar-based stablecoins by market capitalization, reaching the top 10 less than one year after launch.
The token reached its all-time high market capitalization on June 1, 2026, when it surpassed $1.8 billion, according to CoinGecko. Around the Ripple Mint launch, RLUSD’s market cap briefly rose from about $1.54 billion to $1.64 billion before settling near $1.59 billion.
At the time of publication, RLUSD ranked as the ninth-largest USD-pegged stablecoin by market capitalization.

シンガポール拠点のビットコイン・マイニングプールPoolinおよび同社の米国所在の関連会社2社は、水曜日にニュージャージー州の裁判所で連邦破産法第11章（Chapter 11）の申請を行いました。
Poolinの裁判所への提出書類によれば、マイニング・プール運営者は、負債が1億ドルから5億ドル、資産が100万ドルから1000万ドル、債権者が10,001人から25,000人であると見積もっています。
Poolinおよびその関連会社は、提案されている5200万ドルのストーキングホース入札のもとで、ウェスト・テキサスの鉱山拠点2カ所をThor CALAP LLCに売却するための裁判所の承認も求めています。これには、負債を含むターバッシュ資産の3700万ドル、ならびに発電（電力）権、設備、鉱山施設に紐づくその他すべての資産を含むパイオテ拠点の1500万ドルが含まれます。

The European Union will prohibit Belarusian nationals and residents from owning, controlling or managing crypto exchanges and other crypto service providers regulated under the Markets in Crypto-Assets (MiCA) framework starting Aug. 25.
The measure appears in Council Decision (CFSP) 2026/1847, adopted Thursday to amend the EU’s sanctions framework targeting Belarus over its involvement in Russia’s war against Ukraine. The document expands an existing restriction that applied only to companies providing crypto wallet, account or custody services.
The decision enters into force on July 24, while the expanded crypto provision will apply from Aug. 25.
Under the amendment, Belarusian nationals and residents may not own or control an EU-based entity providing “any other crypto-asset services” as defined under MiCA or hold a position on its governing body.
MiCA’s service categories include operating trading platforms, exchanging crypto assets, executing and transmitting client orders, placing crypto assets, providing transfers, offering investment advice or portfolio management.
EU expands crypto sanctions after MiCA transition ends
The sanctions expansion comes weeks after the end of MiCA’s transition period on July 1. Crypto companies without authorization were ordered to wind down or face enforcement actions.
The Belarus restriction follows a broader EU push to target crypto platforms and financial networks accused of helping Russia evade sanctions imposed over its war in Ukraine.
On Thursday, as part of its 21st sanctions package against Russia, the EU extended its transaction ban to 14 crypto-related service platforms outside the bloc and introduced a mechanism allowing it to prohibit dealings with any foreign crypto provider used by Russia to evade sanctions. The final package expands on the June 11 proposal, which targeted 11 crypto platforms.
The proposal followed the United Kingdom’s May 26 sanctions against Huobi Global S.A., the Panamanian company behind HTX, over alleged support for Russia-linked financial networks involving sanctioned entities A7 and Garantex.
HTX denied wrongdoing, telling Cointelegraph that regulatory compliance “remains our absolute top priority” and that it strictly adheres to regulatory frameworks in the jurisdictions where it operates.
Magazine: Why Australia’s $17B crypto opportunity depends on regulation

米国上場のスポット・ビットコイン連動の上場投資信託（ETF）は木曜日に7回連続の資金流入を終了し、7月13日以来初めて純流出となった。
スポット・ビットコインETFは木曜日に純流出225.2百万ドルを記録し、直近7回の取引セッションでは純流入が約10億ドルに達した。SoSoValueによると。
木曜日の流出にもかかわらず、同ファンドは木曜日時点で今週の純流入が約274百万ドルにとどまった。
出所：SoSoValue
流出は、米国株が米国とイランの間で緊張が再燃したことで下落し、ビットコインが一時65,000ドルを下回ったことに伴って発生した。CoinGeckoによると、掲載時点のビットコインは64,600ドルまで下落した後、65,403ドルで取引されていた。

民主党の上院議員ルーベン・ガレゴ氏は、CLARITY法に対するホワイトハウス承認の倫理規定に対抗する対案を作るため、共和党と協力すると述べた。今週公表された草案について「真剣な取り組みではない」と語った。
水曜日、上院の共和党は、デジタル資産市場の明確化（CLARITY）法の提案文を公表した。同法には、あらゆる米国の連邦公職者——米大統領ドナルド・トランプを含む——がデジタル資産の発行または後援を行うことを禁じる倫理に関する文言が含まれている。民主党は、この倫理規定が不十分だとしている。

Crypto exchange BitMEX accelerated its delisting of derivative contracts and trading pairs in July due to “insufficient trading interest,” offering a glimpse at declining activity on the platform surrounding its decision to wind down the exchange.
BitMEX’s website shows that in early July, it delisted 21 derivative contracts; two weeks later, BitMEX delisted nine spot pairs for lack of trading interest. On Thursday, BitMEX added another 35 derivative contracts to the queue for delisting, totaling 65 delistings in July.
“We’ve decided to delist these contracts due to insufficient trading interest in these contracts and the closure of the BitMEX exchange,” it said in a statement.
Cointelegraph’s analysis of BitMEX’s delisting announcements over the past year shows that 65 crypto instruments are set to be delisted in July, compared to 19 in the first half of the year.
BitMEX announced Thursday that it will cease exchange services on Sept. 23, 2026, at 4:00 am UTC, but did not give a specific reason for the closure, saying only that it followed a “strategic review of the business and the broader crypto industry.”
Speaking to Cointelegraph, restructuring adviser Roshan Dharia said the exchange’s demise reflects structural pressures facing mid-sized centralized exchanges, where liquidity has increasingly concentrated among the industry’s largest players and regulatory compliance costs continue to rise.

The US Securities and Exchange Commission is set to host a public roundtable in September to discuss moving toward 24-hour trading in US equity markets.
“We are moving towards a new day – and night – in the US equity markets,” SEC Chair Paul Atkins said on Thursday.
“With the expansion to overnight trading, I’m excited at the prospect of US equity markets aligning with those markets that already trade continuously.”
The roundtable will run on Sept. 17 at the SEC’s headquarters in Washington, DC. Discussions will include preparations to support overnight trading, operations and resiliency in a 24-hour market, the regulator said.
The roundtable comes as a growing number of global exchanges are offering or planning near-24-hour trading, giving retail investors access to round-the-clock trading long offered by cryptocurrency exchanges.
The London Stock Exchange is reportedly planning to launch a night-time trading venue in early 2027.
In March, Nasdaq said it had begun engaging with US regulators about providing 24-hour trading five days a week on its stock market, aiming to launch in the second half of 2026, pending “regulatory approval and alignment.”

長らく待たれていた米デジタル資産市場の透明性法（CLARITY）が、またしても別の障害にぶつかった。
今回問題になっているのは、ソフトウェア開発者でも、連邦規制当局同士の縄張り争いでもなく、もっと厄介な倫理という問いだ——皮肉にも、多くの政治家がそれら（倫理）に対して明らかな軽視を示しているというのに。
数か月にわたる交渉の末、Coinbaseの最高経営責任者（CEO）であるブライアン・アームストロングが「双方で何千時間もの作業」と呼んだ努力にもかかわらず、行動規範に関する意見の相違が、CLARITYの行方を最終的に決めてしまう可能性がある。

米商品先物取引委員会（CFTC）による暗号資産取引所ジェミニの案件に関して、5百万ドルの和解を覆すことを検討する裁判所が設定されたことを受け、同社はドナルド・トランプ大統領を支持する超党派政治行動委員会（PAC）にビットコイン（BTC）を10百万ドル送金した。
月曜に提出された連邦選挙委員会（FEC）へのMAGA Inc.スーパーPACの7月報告書によると、共同創業者のキャメロン氏とタイラー氏が率いるジェミニ・トラスト・カンパニーは6月19日に、ビットコインで500万ドル超の別々の拠出を2件行った。

ビットコイン（BTC）は木曜日、米国株がイランをめぐるさらなる緊張の高まりを受けて下落する中、6万5,000ドルを下回った。
要点：
米国とイランの緊張が続く数日が、暗号資産と株式市場のパフォーマンスに影響を及ぼし始めている。
トレーダーの先行き見通しが割れる中、ビットコインは3日ぶりの安値で6万5,000ドルを下回った。
21日移動平均のトレンドラインが、近いサポートとして重要になってくる。
イランが株式、原油、米国債利回りを不安定にし、ビットコインが揺れている
TradingViewのデータによると、BTC/USDはBitstampで3日ぶりの安値となる6万4,799ドルをつけた。

Research from the National Cryptocurrency Association (NCA), an organization backed by Ripple Labs, broke down the economic impact of the entire crypto industry on the United States, estimating that salaries, worker spending and output will have contributed $55 billion this year.
According to a report released Wednesday by the Pragmatic Policy Group on behalf of the NCA, the total economic contribution was based on direct, indirect and induced employment. Of the sectors to benefit from crypto’s economic contributions, the NCA said that investments in securities and commodity contracts were among the highest at $9.7 billion, while housing and real estate were a combined $4.8 billion.
The research found that about 34,000 people in the US were directly employed by crypto companies, accounting for just a fraction of the 232,000 jobs supported by the industry across the entire economy. This would mean crypto companies directly employ more Americans than the coffee and tea manufacturing and aerospace industries, according to data from the US Bureau of Labor Statistics.
The crypto industry’s growing employment footprint in the US. Source: NCA
Among the individual US states, Texas, Washington, North Carolina, California and New York employed the most people involved in the industry, but Colorado was a “growing blockchain hub” based on friendly regulatory policies, according to the economic report. The NCA added that North Dakota was “becoming an energy-integrated digital infrastructure hub” due to the state’s tax laws favoring crypto mining and favorable flare gas policies.
The NCA launched in March 2025 as a non-profit organization focused on consumer crypto education, with $50 million in backing from Ripple. Stuart Alderoty, Ripple’s chief legal officer, heads the group.
The industry experienced multiple shutdowns in 2026
Several projects tied to digital assets announced they would be shuttering operations this year for various reasons, including difficulty with scaling and market conditions.
Entropy, a crypto start-up based in New York, said in January that it would shut down after four years in operation. Dmail, a decentralized email platform based in Singapore, began ceasing operations in May, citing expenses on bandwidth, storage and computing. Decentralized autonomous organization governance platform Tally and Balancer Labs also shuttered in March.
Magazine: Will the US get CLARITY this week? Bitcoin’s new $80K target: Hodler’s Digest, July 19

金融大手ゴールドマン・サックスの会長兼CEOであるデイビッド・ソロモンは、米上院で検討中の「完璧ではない」暗号資産の市場構造をめぐる法案について支持を表明した。多くの条項が議員や業界の同僚たちを今なお分断しているにもかかわらず、である。
木曜のポリティコ報道によると、ソロモンはデジタル・アセット市場明確化（CLARITY）法案について「完璧ではない」としつつも、市場の安定性を高めるために「競争のためのイコールフッティング（対等な土俵）を作る必要がある」と述べた。ソロモンは、同法案を支持する大企業のトップとして際立っている。法案により暗号資産企業が、金融機関に適用される標準的なルールの外で、ステーブルコインに対して利用者に利息や利回りを支払うことが可能になると主張し、多くの同業者がこの法案に反対している。

Empery Digital said it invested $20 million in Cardinal Data Power, acquiring an approximately 8% stake in the private developer of powered data center campuses.
The investment was part of Cardinal Data Power’s approximately $70 million Series A financing and will support development of a 750-megawatt data center campus in West Texas. The project is expected to deliver its first power in 2027, expand to about 1 gigawatt by 2029 and eventually exceed 5 gigawatts.
Cardinal develops powered data center campuses for artificial intelligence and high-performance computing workloads. The company said it combines power generation, natural gas supply and electrical infrastructure to accelerate development of large-scale computing sites.
Empery has been moving away from its Bitcoin (BTC) treasury strategy, which it adopted in mid-2025 after pivoting from its former electric powersports business. Earlier this month, the company disclosed it had sold about 1,400 Bitcoin over a two-month period for roughly $87.1 million, using the proceeds to fund AI infrastructure investments and repay debt.
The sale came as Empery faced mounting pressure from shareholder Tice P. Brown, who called on the company to abandon its treasury strategy and sought the resignation of its chief executive officer and board.
The transactions reduced the company’s Bitcoin holdings to 1,514 BTC. Empery had previously held as many as 4,081 BTC before beginning to trim its position in March, according to data from BitcoinTreasuries.NET.
Bitcoin treasury companies take divergent paths
The Bitcoin treasury model is evolving, with some companies doubling down on accumulation while others are pivoting, restructuring or exiting altogether.
Satsuma Technology became one of the first Bitcoin treasury companies to unwind after shareholders voted overwhelmingly on July 20 to sell the company’s Bitcoin holdings, return substantially all of its capital to investors and delist from the London Stock Exchange. More than 90% of votes cast supported both the capital return and the delisting.
Meanwhile, a proposed merger between Tether-backed Twenty One Capital, Strike and Bitcoin miner Elektron Energy was scrapped earlier this week, leaving Strike as a standalone company while discussions between Twenty One and Elektron continue
Despite the change, Twenty One remains one of the world’s largest corporate Bitcoin holders with 43,514 BTC, second only to Strategy among publicly tracked corporate treasuries.
Top 10 Bitcoin treasury companies. Source: BitcoinTreasuries.NET
Other entrepreneurs are taking the Bitcoin treasury concept in a different direction. Last week, Bitcoin analyst Lyn Alden co-founded Orange Juice HODLINGS, a permanent-capital holding company backed by Mexican billionaire Ricardo Salinas that launched with $40 million in initial funding.
Rather than simply accumulating Bitcoin, the company plans to acquire and hold profitable businesses indefinitely while using Bitcoin as its treasury reserve asset, combining long-term business ownership with a Bitcoin-backed balance sheet.
Magazine: Fears of AI-driven DeFi hack epidemic overstated for now — but not for long