SuperCryptoNews

In a landmark move for Southeast Asian financial markets, the Thai government has officially recognized cryptocurrencies as underlying assets under the Derivatives Trading Act. Following a proposal from the Ministry of Finance approved on February 10, 2026, digital assets like Bitcoin and Ethereum are now classified as “permissible goods and variables.” This legal reclassification allows for the creation and trading of regulated futures and options contracts, effectively shifting cryptocurrency from a speculative standalone product to a foundational pillar of Thailand’s regulated capital markets.

The Securities and Exchange Commission (SEC) is now tasked with drafting the specific regulatory requirements to govern this new market segment. SEC Secretary-General Pornanong Budsaratragoon noted that the agency will amend existing derivatives business licenses to allow digital asset operators to offer these advanced financial instruments. To safeguard investors against the sector’s inherent volatility, the SEC will establish rigorous contract specifications and review the frameworks for brokers and clearinghouses to ensure they meet institutional-grade standards.

Beyond derivatives, Thailand is aggressively pursuing a broader digital asset roadmap for 2026. The SEC has confirmed plans to launch crypto Exchange-Traded Funds (ETFs) earlier this year, aiming to provide retail and institutional investors with a regulated vehicle to gain exposure to digital assets without the complexities of wallet management. Under current proposals, investors may be permitted to allocate up to 5% of their diversified portfolios to these digital asset products. Furthermore, the SEC is collaborating with the Thailand Futures Exchange (TFEX) to facilitate the debut of Bitcoin futures, reinforcing the nation’s goal to become a regional “crypto trading powerhouse.”

Innovation is also extending into the real economy through the tourism sector. The “TouristDigiPay” initiative, launched as a regulatory sandbox, now allows travelers to convert their digital assets into Thai Baht for use at local merchants via the country’s national QR payment infrastructure. While direct crypto payments remain restricted, this system ensures that merchants receive local currency while offering travelers a seamless way to utilize their digital wealth. Simultaneously, the government is modernizing environmental finance by reclassifying carbon credits as “goods,” paving the way for physically delivered carbon credit futures as Thailand aligns its financial innovation with global sustainability goals.

Coinbase has officially launched Agentic Wallets, a first-of-its-kind infrastructure specifically engineered for autonomous AI agents. Announced by the Coinbase Developer Platform on February 11, 2026, this new tool allows AI bots to move beyond their traditional roles as digital assistants and emerge as independent economic actors. By providing agents with the ability to hold funds, execute trades, and manage on-chain transactions autonomously, Coinbase is addressing a significant technical hurdle: the “financial wall” that currently prevents AI from completing tasks that require capital.

The development of Agentic Wallets is a strategic expansion of Coinbase’s existing technology, building upon the previously released AgentKit framework. While AgentKit allowed developers to embed wallets during the creation of an agent, Agentic Wallets provides a more “plug-and-play” solution designed for seamless integration. The system relies on the x402 protocol – a machine-to-machine payment standard co-developed with internet stakeholders – which has already processed over 50 million transactions. This protocol enables AI agents to bypass traditional human-centric payment systems, facilitating direct, programmatic access to digital resources like API keys, compute power, and premium data streams.

Security remains a primary focus of the new infrastructure, as autonomous financial software introduces unique risks such as prompt injection and unauthorized spending. To mitigate these threats, Coinbase has integrated “Smart Security Guardrails” that allow users to program specific constraints, including spending limits, session caps, and transaction controls. Furthermore, the system utilizes “enclave isolation,” a security architecture that keeps private keys within Coinbase’s secure infrastructure. This ensures that the agent’s underlying large language model (LLM) never has direct exposure to the keys, effectively preventing the AI from accidentally or maliciously compromising the wallet’s security.

The operational scope of Agentic Wallets is broad, with initial support for Ethereum Virtual Machine (EVM) compatible chains and Solana. A key highlight for developers is the ability to perform gasless transactions on Base, the Coinbase-incubated Layer 2 network, which prevents agents from becoming “stuck” due to a lack of network fees. This capability allows for continuous, 24/7 operations, such as an agent automatically rebalancing a DeFi portfolio at 3:00 AM to capitalize on yield opportunities. By providing a native financial layer for code, Coinbase is laying the groundwork for a burgeoning “machine economy” where AI systems operate independently within trusted boundaries.

Recent blockchain data has sparked intense debate across the digital asset industry as it reveals that Binance now controls the vast majority of the circulating supply of USD1, a stablecoin closely associated with World Liberty Financial (WLFI). According to a report from Forbes on Monday, the world’s largest cryptocurrency exchange holds approximately $4.7 billion in USD1, representing nearly 87% of the token’s $5.4 billion total supply. This level of concentration is considered an anomaly in the stablecoin market, where leading assets like USDT and USDC are typically distributed across a wide network of independent wallets and global exchanges.

The rapid consolidation of USD1 on Binance appears to be the result of a series of strategic integrations and high-value corporate deals occurring over the past year. In early 2025, the Abu Dhabi-backed fund MGX utilized $2 billion worth of USD1 to acquire a minority stake in Binance, immediately placing a significant portion of the stablecoin’s reserves under the exchange’s custody. More recently, in December 2025, Binance further integrated the asset by converting the remaining collateral from its defunct BUSD stablecoin into USD1. Aggressive promotional campaigns have also played a role; in late January, Binance launched a $40 million reward program, distributing WLFI governance tokens to users who hold USD1 on the platform, which significantly boosted on-chain activity.

The ties between the stablecoin and the current U.S. administration have added a layer of political scrutiny to these financial developments. USD1 is issued by World Liberty Financial, a venture founded by the Trump family, with an affiliated LLC owning a 38% stake in the company. Financial disclosures indicate the project has already contributed roughly $1 billion to President Donald Trump’s net worth. The relationship between the exchange and the project has faced additional questioning following President Trump’s October 2025 pardon of Binance founder Changpeng Zhao. While both Binance and World Liberty Financial maintain that their partnerships follow standard industry practices, the SEC recently dropped a long-standing lawsuit against the exchange shortly after it listed USD1.

Market analysts and security researchers warn that such extreme concentration creates significant systemic and governance risks. If a single entity controls nearly 90% of an asset, any technical failure, legal dispute, or financial stress at that exchange could effectively freeze the entire USD1 ecosystem. Furthermore, transparency remains a primary concern, as it is currently unclear what portion of the $4.7 billion held by Binance belongs to the exchange itself versus its individual customers. As USD1 continues to expand into decentralized lending and prediction markets, the industry remains focused on whether this centralized influence will hinder the stablecoin’s long-term stability and regulatory standing.

バックパック、元FTXおよびアラメダリサーチの幹部によって設立された暗号通貨取引所は、月曜日にAxiosが報じたように、正式にユニコーンの地位を達成しました。この企業は、5000万ドルの新たな資金調達を確保するための議論に入っているとされており、これによりそのプレマネーバリュエーションは10億ドルに達することになります。この評価の急上昇は、ソラナベースのウォレットプロジェクトから包括的なグローバルトレーディングプラットフォームへの移行を遂げたチームの重要な回復と成長軌道を強調しています。

この資金調達ラウンドの発表は、バックパックの革新的なトークン化スキームの導入と一致しており、これは交換トークンがどのように配布され管理されるかを再定義することを目的としています。この計画の下では、総供給量の37.5%にあたる10億トークンのうち、「IPO後」の企業財務のために予約されています。共同創設者のアルマーニ・フェランテは、この構造が小売投資家にトークンを「ダンピング」する一般的な慣行を防ぐことを特に目的に設計されていると説明しました。チームの財務報酬を最終的な公開上場または株式の出口に結びつけることで、企業は開発者とコミュニティの間の長期的なアライメントを確保することを意図しています。

Binance has accelerated its strategic shift toward Bitcoin by purchasing an additional 3,600 BTC for its Secure Asset Fund for Users (SAFU). This acquisition, executed using approximately $250 million in stablecoins, brings the emergency fund’s total Bitcoin holdings to 6,230 BTC. The move is a key part of an aggressive plan announced on January 29 to convert the exchange’s $1 billion user-protection reserve from dollar-pegged tokens into Bitcoin within a 30-day window.

The exchange has framed this transition as a statement of long-term conviction, describing Bitcoin as the foundational asset of the crypto ecosystem. By moving the SAFU reserves into Bitcoin, Binance aims to ensure the backstop remains transparent, auditable, and resilient to inflation. To maintain the fund’s efficacy, Binance has pledged to keep the reserve value at $1 billion, promising to top it back up if market volatility ever drives the total valuation below the $800 million mark.

This significant accumulation is taking place against a backdrop of broader market turbulence and a “risk-off” sentiment among investors. While Binance is effectively buying the dip for its insurance chest, major digital assets have struggled to maintain their footing. Bitcoin has recently traded near $66,600, down roughly 5% in a single day, while Ethereum and Solana have seen even sharper drawdowns. Despite this immediate volatility, Binance remains committed to completing the full $1 billion conversion by the end of February.

Industry analysts view the move as both a defensive safeguard and a strategic bet on the future of digital reserves. Market trackers indicate that Binance has already deployed nearly $430 million toward Bitcoin purchases for the SAFU wallet in just a few days. However, the broader market remains cautious, with some technical indicators suggesting that if current support levels fail, the price of Bitcoin could potentially slide toward the low-$40,000 range despite high-volume institutional buying.

The Royal Government of Bhutan, operating through its sovereign investment arm, Druk Holding & Investments (DHI), has mobilized more than 284 Bitcoin – valued at approximately $22.3 million – over the past week,  

According to on-chain analytics from Arkham Intelligence, the movement included a notable transfer of 184 BTC worth $14.1 million on Wednesday, following a previous transaction of 100 BTC worth $8.3 million last Friday. These funds were directed to Singapore-based market maker QCP Capital, a destination typically associated with institutional liquidity management and asset repositioning.

While these transfers do not confirm an outright sale, they follow a documented pattern of “structured clips” where Bhutan offloads assets in batches of approximately $50 million. Market analysts are watching the activity closely as Bitcoin faces significant price pressure, having tumbled roughly 40% from its October 2025 all-time high of $126,000 to levels near $70,000. 

The kingdom’s total reserves have notably declined from a peak of 13,295 BTC in late 2024 to roughly 5,700 BTC at present, a shift that has seen Bhutan slip to the seventh-largest sovereign holder globally.

Bhutan’s approach to digital assets remains unique because its holdings are generated through state-backed mining operations rather than legal seizures. By leveraging its vast hydroelectric resources, the nation effectively converts surplus renewable energy into liquid foreign currency reserves. 

This strategic mining initiative, which began as early as 2019, has reportedly funded national priorities such as civil servant salary increases and infrastructure development, even as the cost of production has nearly doubled following the most recent halving event.

Beyond Bitcoin, the nation’s treasury activity suggests a sophisticated and active management style rather than passive holding. On-chain data recently flagged $1.5 million in USDT moving between exchange-linked wallets and DHI addresses, alongside various Ethereum transactions. 

As the Himalayan kingdom continues to integrate digital assets into its macroeconomic strategy -including plans to fund the “Gelephu Mindfulness City” initiative – its on-chain movements have become a critical psychological bellwether for institutional and sovereign sentiment in the crypto market.

 

テザー、世界最大のステーブルコイン発行者は、木曜日にアンカレッジ・デジタルに対する1億ドルの戦略的株式投資を発表し、米国のデジタル資産インフラへの深いコミットメントを示しました。この投資により、アンカレッジ・デジタル – 米国で初の連邦認可を受けたデジタル資産銀行の評価額は42億ドルとなります。この動きは、テザーが昨年夏に法律として署名された画期的なステーブルコイン法であるGENIUS法の影響を受けて、よりコンプライアントな姿勢に転換する中でのものです。

Binance has secured the top spot in the January 2026 Major Crypto Exchange Reserves Ranking Report, maintaining a commanding lead over the global digital asset market. According to the latest data from CoinMarketCap, Binance’s total reserves have reached approximately $155.64 billion. This figure significantly surpasses all other major trading platforms, reinforcing Binance’s role as the market’s clear Tier 1 leader. The report highlights Binance’s dominant scale in proof-of-reserve holdings, which reflects the exchange’s position as the largest liquidity venue in the global crypto market. CoinMarketCap notes that Binance’s reserves dwarf the combined totals of many competitors, serving as a primary indicator of platform scale and market dominance.

Behind the market leader, the report outlines a sharply tiered market structure where other exchanges follow at a considerable distance. OKX ranked second in the January report with total reserves of roughly $31.29 billion, while Bybit placed third with around $14.17 billion. Other exchanges included in the ranking were Gate with $7.86 billion, HTX with $6.92 billion, Bitget with $5.33 billion, MEXC with $2.97 billion, and KuCoin with $2.16 billion. This data illustrates a clear gap between the top-tier dominance of Binance and the Tier 2 challengers such as OKX and Bybit, while smaller regional platforms comprise a third tier of reserve holders.

A detailed breakdown of Binance’s reserve mix shows a heavy concentration in major crypto-assets and stablecoins, reflecting a strategic focus on deep liquidity and user withdrawal readiness. Binance held approximately $47.47 billion in stablecoins, accounting for 30.5% of its total reserves. Bitcoin-related assets, including BTC and derivatives exposure, represented another $49.84 billion, or 32.03% of holdings. The exchange also reported $34.20 billion in exchange-owned tokens, largely driven by BNB, alongside $14.16 billion in other altcoin reserves and nearly $10 billion in ETH-related assets. CoinMarketCap notes that this stablecoin reliance remains a critical component of exchange reserves, functioning as a cash-like buffer for withdrawals and general market operations.

The report further observes that reserve composition varies significantly across different platforms. For example, OKX held around $12.49 billion in stablecoins and over $10.4 billion in Bitcoin-related assets, while Bybit’s reserve mix showed a heavier weighting toward stablecoins and BTC. Some exchanges disclosed limited information regarding their exchange-owned token holdings or specific altcoin breakdowns, focusing primarily on core assets such as BTC, ETH, and stablecoins. Across the industry, assets like DOGE, XRP, and SOL were cited as notable altcoin holdings appearing on multiple platforms. These differences in allocation highlight the various risk management and liquidity strategies employed by major global exchanges.

Tether, the company behind the world’s most widely used stablecoin, has officially released MiningOS (MOS), an open-source operating system designed to overhaul how Bitcoin mining operations are managed. The launch represents a direct challenge to the proprietary, vendor-controlled software that has long dominated the sector. By open-sourcing the software under an Apache 2.0 license, Tether aims to provide a transparent alternative for miners, ranging from small-scale home enthusiasts to massive industrial operators, as it continues to expand its footprint in global crypto infrastructure.

Built on a modular, peer-to-peer architecture, MiningOS allows operators to monitor and automate their hardware, energy consumption, and site-level infrastructure within a single, unified layer. Unlike existing fragmented software stacks that often rely on centralized services, MOS is designed to be hardware-agnostic, meaning it can function across various types of mining rigs without locking users into specific manufacturers. Tether CEO Paolo Ardoino noted that the system is built to make mining infrastructure more accessible and scalable across different geographies, ensuring that new entrants can compete without the burden of expensive, closed-source management tools.

This strategic move aligns Tether with other industry advocates for open infrastructure, such as Jack Dorsey’s Block, and marks a significant evolution for the company beyond its core stablecoin business. Tether reported a staggering net profit of over $10 billion in 2025, largely fueled by interest income on its reserves. This financial strength has allowed the firm to diversify aggressively into tokenized commodities like gold, energy production, and various payment infrastructures. Along with the operating system, Tether also unveiled a Mining SDK, which will serve as the underlying framework for future community-led development.

The release of MOS comes at a time when the mining industry is increasingly focused on efficiency and transparency. By providing a free, customizable toolset, Tether is positioning itself as a foundational player in the physical security of the Bitcoin network. As the company rolls out new products like the U.S.-focused USAT stablecoin, the launch of MiningOS signals Tether’s intent to move away from being just a financial intermediary and toward becoming a central architect of the decentralized digital economy.

シンガポール・ガルフ銀行（SGB）は、ワンプアグループおよびバーレーンの政府系ファンドであるムムタラカットに支えられた完全ライセンスのデジタル卸売銀行であり、機関金融を合理化するための新しいステーブルコイン相互運用性サービスを正式に発表しました。このプラットフォームは2026年第1四半期に稼働予定で、法人顧客は単一の規制された環境内でステーブルコインを発行、取引、そして法定通貨に変換することが可能になります。この新しい提供は、アジア-GCC回廊を横断するデジタル資産企業向けに毎月20億ドル以上の法定取引量を処理している銀行の独自のリアルタイムクリアリングネットワークであるSGB Netの機能を拡張します。

ニューヨークを拠点とするTalosは、完全な取引およびポートフォリオ管理ライフサイクルをサポートする機関向けデジタル資産インフラ、技術、およびデータの提供者であり、2026年1月29日に4500万ドルのシリーズB拡張を発表しました。この戦略的な資本注入により、同社のシリーズB資金調達の総額は1億5000万ドルに達し、資金調達後の評価額は約15億ドルに引き上げられます。このラウンドには、Robinhood Markets、Sony Innovation Fund、IMC、QCP、Karatageなどの新しい戦略的投資家が加わり、a16z crypto、BNY、Fidelity Investmentsなどの重鎮が再登場しました。

ロシアは、7月に暗号通貨の包括的な規制枠組みを発表する準備を進めており、これは地元のデジタル資産市場における小売参加の合法化に向けた重要な変化を示しています。

アナトリー・アクサコフ、国家ドゥーマの金融市場委員会の長は、最近、議会公報に対し、今後の規則のセットが6月末までに投票のために最終化されることを通知しました。この法律は、その後すぐに承認されると予想されていますが、枠組みは1年後まで完全に発効しないため、資格のある投資家と非資格のある投資家の両方が2027年7月1日から暗号資産の取引を正式に許可されることになります。

旧世界の安全保障と新世界の金融を結ぶ動きの中で、テザー・ホールディングスSAは冷戦時代のスイスの核シェルターを世界最大の非国家的金準備に変貌させました。

このステーブルコインの巨人は、週に1トン以上の金塊を取得していると報じられており、その蓄積のペースは、暗号ネイティブ企業を世界の貴金属市場におけるシステム的な力に変えました。スイスアルプスに彫られたこの高セキュリティの金庫は、今や多くの中規模国家の保有量を超える金塊を保管しています。

The Ethereum ecosystem is currently preparing for a significant infrastructure shift as the official ERC-8004 standard is confirmed for mainnet deployment this week. Initially teased by the Ethereum Foundation on January 27, this new protocol marks a pivotal moment in the 2026 roadmap to transform the network into a foundational layer for the global agentic economy. Often referred to as the “Trustless Agents” standard, ERC-8004 introduces a comprehensive framework designed to solve the growing identity crisis faced by autonomous AI systems.

As AI-to-AI interactions begin to surpass human transactions in volume, the standard establishes three critical on-chain pillars to facilitate secure communication. The first is an Identity Registry, which assigns a unique and portable AgentID to every autonomous system, utilizing a specialized architecture to ensure each bot is distinguishable. This is followed by a Reputation Registry, an immutable audit trail of performance that allows agents to carry their credibility across different decentralized platforms. Finally, a Validation Registry provides a verification layer supporting cryptographic proofs to ensure an agent’s code is executing exactly as promised without human interference.

The primary goal of ERC-8004 is to move toward a truly decentralized AI landscape, moving away from centralized gatekeepers that currently control machine interactions. By treating the blockchain as a neutral reference point, the standard allows agents to find, verify, and transact with one another trustlessly. To keep costs manageable for high-frequency machine tasks, the protocol pushes heavy computation and complex data interactions off-chain while anchoring the essential identity and trust markers on the Ethereum mainnet. This design allows for a scalable environment where AI can manage value and exchange data without the bottleneck of traditional verification methods.

The timing of this launch is strategically significant for the broader crypto landscape. In 2026, data suggests that non-human identities are handling a vast majority of automated financial services, yet much of this activity had previously migrated to faster, alternative networks. ERC-8004 represents Ethereum’s evolutionary response, aiming to recapture its status as the primary hub for high-value machine-to-machine commerce. If the rollout proceeds as expected by Thursday, January 29, the standard will likely expand Ethereum’s influence far beyond finance and deep into the core infrastructure of artificial intelligence.

日本の金融庁（FSA）は、ステーブルコインの準備資産を規制する厳格な新しい草案ルールに関する公的な協議を開始することにより、国家のデジタル資産の枠組みを固めるために正式に動きました。この動きは、2025年の決済サービス法の改正の実際の実施における重要なステップを示しており、昨年6月に制定された立法パッケージは、国の電子決済の風景を正式化し、デジタル革新のための安全な環境を提供することを目指しています。

新しい提案の中心には、ステーブルコインの発行者がトークンを支える「指定された信託受益者の利益」を管理する方法に関する厳格な制限があります。草案の通知に基づき、信託構造を使用する発行者は、安定性と流動性を確保するために、高品質な担保の狭いプールに制限されます。準備資産として適格とされるには、外国発行の債券は2つの主要な基準を満たさなければなりません：指定機関からの1-2またはそれ以上のトップティアの信用リスク評価を維持し、外国発行者は少なくとも100兆円（約6,480億ドル）の発行済み債券総額を持たなければなりません。

The United Kingdom’s Financial Conduct Authority (FCA) has officially entered the final stage of consultations for a sweeping new regulatory framework designed to bring digital assets under the same rigorous standards as traditional financial markets. This move represents the “final step” in the government’s ambitious roadmap to establish the UK as a global hub for regulated cryptoasset activity while prioritizing consumer protection and market integrity.

The latest consultation package introduces ten proposed rules aimed at fostering a more transparent and competitive market. Key areas of focus include new standards for business conduct, restrictions on the use of credit to purchase cryptoassets, and stricter requirements for asset safeguarding. The regulator also aims to clarify how retail collateral should be treated in crypto borrowing arrangements. While the FCA noted that these rules are designed to build public trust, it issued a firm reminder to investors that regulation cannot eliminate the inherent volatility and risk associated with the crypto market.

A critical milestone in this roadmap is the introduction of a formal licensing regime. The FCA has indicated that the application gateway for cryptoasset service providers is expected to open in September 2026. Under this new system, firms will be required to obtain full authorization under the Financial Services and Markets Act (FSMA) to operate legally within the UK. This regime will replace the current limited registration system, imposing tighter oversight on governance, operational resilience, and anti-money laundering controls. Stakeholders and industry participants have until March 12 to provide feedback on these final proposals before the rules are codified.

Beyond market conduct, the UK government is also moving to tighten the intersection of digital assets and political activity. Ministers are currently weighing a ban on cryptocurrency donations to political parties, citing concerns over anonymity and potential foreign interference in the electoral process. The proposal, which may be included in the upcoming Elections Bill, follows a high-profile move by Nigel Farage’s Reform UK party to become the first major political organization in the country to accept digital asset contributions.

Simultaneously, the government is advancing a significant overhaul of the tax treatment for decentralized finance (DeFi). Under a newly backed framework, the government plans to implement “No Gain, No Loss” (NGNL) rules for liquidity provision and lending. This change would ensure that users do not trigger a capital gains tax event simply by depositing tokens into a protocol or smart contract, provided they maintain economic ownership. While capital gains would only be realized upon an actual economic disposal, staking rewards and yields will continue to be treated as miscellaneous income. This tax reform is seen as a major step in removing administrative barriers for UK-based DeFi users.

 

韓国の第三の暗号通貨取引所であるCoinoneは、国内市場におけるその位置を再定義する可能性のある大規模な所有権再編を検討していると報じられています。ソウル経済日報の初期報告によると、取引所は会長で最大の株主であるチャ・ミョンフンが保有する株式の重要な部分を売却するためのさまざまな選択肢を積極的に検討しています。現在、チャ会長は会社の支配的な53.4%の株式を保有しており、これには彼の個人的な19.14%の持分と、彼の会社であるThe One Groupを通じて保有されている34.3%の持分が含まれています。この潜在的な取引には、会社の第二の最大株主である地元のゲーム大手Com2uSが保有する株式も含まれる可能性があり、同社は2021年から2022年の間に38.42%の持分を取得しました。

Coinbase has launched an independent advisory board aimed at preparing Bitcoin and the broader blockchain ecosystem for the long-term risks posed by quantum computing. This move comes as rapid advances in the field raise questions about the durability of today’s cryptographic standards. While large-scale quantum computers capable of breaking current encryption do not yet exist, Coinbase argues that the industry must begin preparing years in advance to ensure the future security of digital assets.

According to a recent company blog post, quantum computers could eventually disrupt a wide range of industries, from healthcare and finance to national security. For blockchain networks, the implications are particularly serious. Most major chains, including Bitcoin and Ethereum, currently rely on elliptic-curve cryptography. While this system is considered secure today, it is potentially vulnerable to sufficiently powerful quantum machines in the future.

To address this possibility, the Coinbase Independent Advisory Board on Quantum Computing and Blockchain will bring together leading researchers to assess emerging risks and offer guidance to developers, institutions, and users. The board will operate independently and publish position papers evaluating the state of quantum research. It will also provide practical recommendations on how organizations can prepare for long-term threats and offer timely analysis when major breakthroughs in quantum computing occur.

The advisory board includes several prominent figures from the worlds of cryptography and blockchain research. Members include Scott Aaronson, a leading quantum researcher at the University of Texas at Austin, and Stanford cryptography professor Dan Boneh. The group also features Ethereum Foundation researcher Justin Drake, EigenLayer founder Sreeram Kannan, Coinbase head of cryptography Yehuda Lindell, and secure systems specialist Dahlia Malkhi. This collective expertise is intended to help the industry move toward concrete planning for quantum resilience.

Coinbase expects to publish the board’s first position paper early next year, which will outline a baseline assessment of quantum-related risks. Alongside these security efforts, Coinbase CEO Brian Armstrong is also pushing for a broader expansion of global capital markets through blockchain-based tokenization. In a new policy paper, the company argues that nearly two-thirds of the world’s adult population is currently locked out of wealth creation due to structural barriers in traditional equity and bond investing.

The report highlights a sharp economic divide, noting that while more than half of adults in the US invest in markets, participation falls below 10% in countries like China and India. Armstrong argues that access to global growth should not be determined by where someone is born. He points to an extreme “home bias” in the current system and suggests that tokenization can open these markets to billions of people who have previously been left out of the global financial system.

 

Superstate, a leader in the tokenized asset space, announced Thursday that it has raised $82.5 million in Series B financing. The company plans to use the capital to move beyond tokenized Treasury bills and establish a dominant position in the onchain primary markets for SEC-registered equities.

The funding round was co-led by Bain Capital Crypto and Distributed Global, featuring a massive roster of participants including Haun Ventures, Brevan Howard Digital, Galaxy Digital, and ParaFi. While the firm did not disclose its current valuation, this latest round brings Superstate’s total funding to more than $100 million.

The investment follows a year of significant momentum for the firm. Superstate revealed that its assets under management (AUM) have climbed past $1.2 billion across its various tokenized products. According to Distributed Global President Herve Bizira, the firm represents “category-defining infrastructure” essential for bringing real-world assets onto public blockchains.

Superstate’s primary goal is to modernize how companies raise money. By using the Ethereum and Solana blockchains, the firm aims to streamline the issuance, settlement, and recordkeeping of traditional securities.

Superstate has evolved from early proof-of-concept experiments to a high-volume infrastructure provider. Through its platform, Opening Bell, the company supports “Direct Issuance Programs.” These programs allow SEC-registered public companies to sell tokenized shares directly to investors.

This model offers several key shifts from traditional finance:

No Underwriters: Companies can raise capital without the traditional middleman.

Stablecoin Integration: Investors can pay using stablecoins.

Native Rights: Tokenized shares carry the same economic and governance rights as traditional stocks.

Real-Time Settlement: As an SEC-registered transfer agent, Superstate updates shareholder registries automatically as tokens move onchain.

The firm has already seen successful deployments of its technology. Companies like Galaxy Digital and SharpLink have used Superstate to tokenize existing shares. More recently, Forward Industries utilized the platform to issue SEC-registered equity directly on the Solana blockchain.

To further boost liquidity and accessibility, Superstate recently partnered with the crypto exchange Backpack to support the trading of these natively issued tokenized stocks. With the new Series B capital, the company plans to expand its team across the legal, engineering, and institutional finance sectors to support a broader range of global issuers.

 

India has emerged as the global leader in grassroots cryptocurrency adoption, driven by a massive, young, and tech-savvy population that makes the nation a natural hub for digital assets.

Binance CEO Richard Teng recently highlighted that India holds the top spot on the global crypto adoption index, noting that the country is indispensable to the exchange’s goal of reaching one billion users. Teng observed that while regulators in India and abroad have historically been skeptical, there is a visible shift toward active engagement as the technology becomes better understood, CNBC TV18 said in a report.

The regulatory environment in India remains complex; while the government permits digital assets and has launched trials for a Central Bank Digital Currency (CBDC), trading still exists in a regulatory grey zone.

Teng believes that deeper knowledge transfer is the key to shifting these perceptions, arguing that misgivings often stem from a lack of technical understanding. He pointed to the transition of prominent global financial figures from skeptics to believers as evidence that education can demystify blockchain, citing India’s CBDC trials as a strategically important step in this process.

Despite market fluctuations, Binance reports that the underlying market structure remains robust, with the platform reaching 300 million users last year and processing $34 trillion in trading value. The exchange has successfully onboarded over 60 million users annually for the past two years and recently secured a full global license from Abu Dhabi Global Markets. This growth is bolstered by a 20% rise in institutional volumes, as corporate treasuries increasingly adopt stablecoins and crypto to move capital globally on a 24/7 basis at a fraction of traditional costs.

The global landscape is also being reshaped by legislative clarity in the West, which Teng suggests is forcing a worldwide rethink of blockchain and AI policy. He praised the United States for the GENIUS Act, signed in July 2025, which established a federal framework for stablecoins and provided the oversight necessary for banks and non-banks to operate with certainty. Similarly, Europe is advancing toward the mid-2026 full licensing deadline for its MiCA regulation, creating a unified regime for digital asset service providers.

Ultimately, Teng argues that regulatory clarity has become a major competitive advantage for nations. As Binance expands its offerings to include gold and silver perpetual contracts to meet diversifying demand, the CEO warned that governments must adapt their approaches to AI and blockchain or risk losing their economic edge. He maintains that these technologies will soon drive every economic sub-sector, making clear legal frameworks essential for future growth.