News linked to both this project and an event.
According to BeInCrypto, Chainalysis data shows that over the year ending June 2026, the South African crypto economy expanded by 52% to $39.3 billion, with increases across all tracked activity categories. Commercial payments, including those from South African merchants and P2P traders, reached $8.34 billion, outpacing institutional activity ($1.29 billion in inflows); stablecoin inflows through Sub-Saharan African P2P channels totaled $14.6 billion, on par with Bitcoin. A draft regulatory framework for crypto asset management released by the South African Treasury and Reserve Bank (SARB) on August 3 would stipulate that individuals may only transfer crypto assets abroad through authorized local service providers within existing foreign exchange limits, while businesses are prohibited from cross-border transfers of crypto assets. As of March 31, the Financial Sector Conduct Authority (FSCA) had issued licenses to 310 crypto asset service providers, though these entities must still secure separate authorization from the SARB. On October 21, Finance Minister Enoch Godongwana stated that after receiving thousands of public submissions, the Treasury will aim to release a revised second draft, with no timeline currently announced.
Odaily News — According to a recently published guide to European crypto trading platforms, Gate Europe has been named one of the European platforms suited for low-cost spot trading and EUR fiat on-ramp. The platform has obtained MiCA authorization from the Malta Financial Services Authority (MFSA), offers a standard spot trading fee of 0.1%, and supports EUR funding via SEPA bank transfers. In terms of user coverage, Gate Europe can accommodate the trading needs of users ranging from beginners to advanced traders, with strong suitability for spot trading users; in response to European users' asset migration needs, the platform also supports migration from USDT to USDC. BeInCrypto previously included Gate Europe in its guide to MiCA-licensed platforms, and continues to follow its regulatory progress and service capabilities in the European market.Currently, Gate Europe has taken the lead in obtaining the EU's Markets in Crypto-Assets Regulation (MiCA) license and a Payment Institution (PI) license, continuously strengthening its compliance foundation in the European market. Meanwhile, Gate Connect, Gate Card, and related support systems have completed PCI DSS v4.0.1 Level 1 compliance assessment. Against the backdrop of the full implementation of the MiCA regulatory framework and European users' growing attention to legal entities, scope of authorization, and fiat channels, Gate Europe is leveraging its compliance credentials to provide European users with a more comprehensive digital asset trading and fund services experience. (BeInCrypto)
According to BeInCrypto, JPMorgan Co-President Doug Petno stated at the Barclays Global Financial Services Conference that institutional interest in blockchain and stablecoins remains in its early stages, constrained by interoperability gaps, regulations, and KYC rules, with no genuine institutional demand beyond crypto trading currently. In swift response, Tether CEO Paolo Ardoino remarked that "there is no need to import ice to the Arctic," mocking JPMorgan’s assessment as out of touch with reality—Tether's USDT market cap has already neared $183 billion, while the total market capitalization of all stablecoins sits at approximately $311 billion. Notably, JPMorgan itself operates the blockchain payments division Kinexys, and its research team forecasts the stablecoin market to reach between $500 billion and $750 billion, falling well short of the $2 trillion upper limit projected by some firms.
According to BeInCrypto, Brazil's Superior Electoral Court (TSE) ruled on August 31 to suspend presidential candidate Renan Santos's digital campaign and freeze approximately 3.3 million reais (about $640,000) in public campaign funds. Justice Dias Toffoli ruled that because Santos registered his 16 campaign social media accounts 12 days past the filing deadline, he violated regulations. He was barred from participating in debates and placing paid political advertisements, with a fine of 50,000 reais (about $10,000) imposed for each violation. Santos had publicly pledged at the "Rio Blockchain 2026" conference on August 13 that if elected, he would establish a national Bitcoin reserve and turn Rio de Janeiro into a "crypto-friendly" city, while abolishing the Financial Operations Tax (IOF), making him the only candidate in this election to openly support a Bitcoin reserve. Santos termed the ruling "censorship" and stated he would pursue an appeal. His candidacy has not been revoked, and street campaigning may continue. Brazil's general election will take place on October 4.
According to BeInCrypto, payment company Banxa launched Banxa Native on August 20, providing embedded fiat deposit and withdrawal infrastructure for wallets, exchanges, and fintech platforms. Partners can execute fiat purchases or sales of crypto assets within their own interfaces, while Banxa provides backend pricing, compliance verification, and settlement services, reducing the need to redirect to third-party pages or undergo repetitive KYC verifications. For example, users can directly purchase USDC via Apple Pay, Google Pay, or bank cards within the wallet; for users who have already completed identity verification, their KYC information can be passed from the partner platform to Banxa, streamlining the process for subsequent transactions. Trust Wallet CEO Felix Fan stated that this partnership helps directly embed compliant fiat-to-crypto channels into the user journey.
据 BeInCrypto 报道，一种名为"Hwanchigi（换钱）"的跨境洗钱手法已成为韩国加密犯罪的核心方式，自 2021 年至 2025年 8 月间，该手法涉及的非法加密交易金额高达 64 亿美元，占韩国同期非法加密交易总额 71 亿美元的 90%以上。该手法通过加密货币转账将非法资金转移至境外，绕开韩国受监管的银行体系。 2026 年上半年，韩国涉虚拟资产洗钱案件达 1,214 起，较 2025 年全年仅 8 起激增 152 倍，占同期加密犯罪总量的 79.4%。USDT 是主要犯罪媒介。然而执法效率严重滞后，上半年仅逮捕 18 人，远低于 2023 年的 42 人。韩国海关同期查获非法外汇交易达 7.2 万亿韩元（约 492 亿美元），逾 90%涉案资金流经无牌渠道。
According to BeInCrypto, the U.S. Court of Appeals for the Second Circuit officially issued the mandate in the SBF case on August 4, marking the formal conclusion of Sam Bankman-Fried's appellate proceedings. The one-page order affirmed the original verdict without providing any new reasoning, leaving his 25-year prison sentence and approximately $11 billion forfeiture order unchanged. Previously, on June 12, the panel rejected SBF's appeals on all seven counts. In the opinion, Judge Parker noted that while SBF publicly assured customers, investors, and regulators of the safety of FTX funds, he misappropriated customer funds for real estate, political donations, and personal investments. Currently, SBF's only remaining judicial recourse is to petition for a writ of certiorari from the U.S. Supreme Court within 90 days, but the Supreme Court's acceptance rate is extremely low. Additionally, SBF has separately submitted a clemency application to the Department of Justice, but Senators Cynthia Lummis and Ruben Gallego have jointly introduced a resolution opposing the granting of clemency to him.
According to BeInCrypto, the official verified X account of U.S. Senator Cynthia Lummis was hacked on July 29. The account briefly posted a fake Solana Meme coin promotion post named $USA Token, featuring a pump.fun minting link. The post was deleted within approximately five minutes, accumulating around 5,600 views and 37 replies during that period. Crypto community users quickly issued warnings, and there are currently no records of financial losses. Lummis's office had not released any statement as of press time. The timing of this incident is sensitive, coinciding with the stalemate of the "Digital Asset Market Transparency Act" (CLARITY Act) championed by Lummis in Congress.
according to the latest selection by BeInCrypto, Gate has been listed among the "Best MiCA-Licensed Crypto Platforms in 2026" and was recognized as "Best for Access to a Large Cryptocurrency Selection." The review noted that Gate offers a diverse digital asset ecosystem covering spot trading, futures, wealth management, and Web3 services. Leveraging its extensive asset coverage and comprehensive product suite, Gate provides European users with a more refined digital asset trading experience.With the official end of the transition period for the EU's Markets in Crypto-Assets Regulation (MiCA), the European digital asset market has fully entered an era of unified regulation. Gate Europe had previously obtained both the EU MiCA license and a Payment Institution (PI) license. These two important regulatory qualifications provide solid support for Gate Europe's operations under the European regulatory framework, further strengthening the platform's capabilities in compliant operations, risk management, and long-term development. This recognition from a well-known industry media outlet further demonstrates Gate's positive progress in advancing compliance efforts and continuously optimizing products and services in Europe over the long term. Gate Founder and CEO Dr. Han stated that the formal implementation of MiCA marks the official end of the "regulatory arbitrage" era in the European crypto industry, shifting market competition back to products, security, and user experience. His views were also republished by Cointelegraph, further reflecting the industry's widespread attention to this new era of European regulation.Currently, multiple entities under Gate have completed relevant regulatory registrations, applied for licenses, or obtained authorizations and approvals in jurisdictions including Malta, the Bahamas, Japan, the United States, Australia, and Dubai. By securing regulatory permits and registrations across multiple regions, the platform has solidified its global business foundation. Gate continues to advance its global compliance strategy and continuously improve its global compliance network, aiming to provide users with safer, more transparent, and more efficient digital asset services.