1. ADNOC to Settle for Stablecoin Funds at Practically 980 Gasoline Stations in UAE, Saudi Arabia and Egypt link
ADNOC Distribution has introduced that it’ll settle for AE Coin, a stablecoin, as a cost technique at practically 980 service stations throughout the UAE, Saudi Arabia, and Egypt. The corporate has cast a partnership with Al Maryah Group Financial institution, enabling stablecoin funds by the financial institution’s AEC pockets. This cost choice applies to varied providers together with gas refueling, purchases at comfort shops, and automotive wash providers.
As the primary stablecoin licensed by the Central Financial institution of the UAE, AE Coin is pegged 1:1 to the UAE Dirham (AED), which ensures its stability in worth.
2. Hong Kong Launches CARF/CRS Public Session: Computerized Crypto Tax Information Change to Take Impact in 2028 link
The Authorities of the Hong Kong Particular Administrative Area has launched a public session on the Crypto-Asset Reporting Framework (CARF) and revisions to the Widespread Reporting Customary (CRS). Christopher Hui, Secretary for Monetary Companies and the Treasury, said that the Inland Income Ordinance (Cap. 112) will likely be amended to implement CARF and the up to date CRS, with native laws scheduled for completion in 2026. The objective is to begin the automated alternate of tax data associated to crypto-asset transactions with applicable companion tax jurisdictions on a reciprocal foundation from 2028, and to implement the revised CRS from 2029. Associate jurisdictions should meet knowledge confidentiality and safety requirements to help the crackdown on cross-border tax evasion and safeguard Hong Kong’s fame as a world monetary and business middle.
3. Kazakhstan Integrates Solana into Nationwide Technique to Advance Crypto and Blockchain Initiatives link
Farhaj Mayan, Mayor of the Solana Financial Group FORMA, shared on the Solana Breakpoint Convention how Kazakhstan is integrating Solana into its nationwide technique and outlined a collection of initiatives, together with: Kazakhstan has established a Solana Financial Zone and launched the Tenge stablecoin. As well as, Kazakhstan has carried out dual-listing IPOs on AIX and Solana, skilled 1,000 Solana builders, and established a nationwide cryptocurrency reserve. In the meantime, Kazakhstan has additionally deliberate CryptoCity, a metropolis totally devoted to blockchain.
4. Pakistan to Discover Up to $2 Billion in Asset Tokenization with Binance (*8*)
Pakistan has signed a Memorandum of Understanding with Binance, planning to discover the tokenization of up to roughly 2 billion US {dollars} price of sovereign bonds, treasury payments and commodity reserves to improve liquidity and entice worldwide funding. In the meantime, Pakistani regulators have issued preliminary licenses to Binance and HTX, permitting them to provoke native registration and put together for purposes for full alternate licenses.
Earlier, Binance introduced important regulatory progress in Pakistan. The corporate obtained Anti-Cash Laundering (AML) registration beneath the PVARA regulatory framework, marking a vital step in direction of securing full licenses and reaching localized operations within the area. Binance said that it’ll advance the appliance for the Digital Asset Service Supplier (VASP) license in a phased method and supply cross-border providers on the premise of compliance.
5. Japan Plans to Incorporate Crypto Regulation into Securities Legislation, Strengthen IEO Disclosure and Compliance Necessities link
The Monetary Companies Company (FSA) of Japan launched a report proposing to switch cryptocurrency regulation from the Fee Companies Act (PSA) to the Monetary Devices and Change Act (FIEA), aiming to strengthen data disclosure, regulate Preliminary Change Choices (IEOs) and crack down on unregistered platforms. The brand new framework requires exchanges to disclose particulars of issuers and conduct unbiased code audits prior to token gross sales, and mandates issuers to make public their identities and token allocation mechanisms. The plan may even introduce provisions prohibiting insider buying and selling, drawing on the EU’s Markets in Crypto-Belongings (MiCA) and related South Korean rules.
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6. Terra Founder Do Kwon Sentenced to 15 Years in Jail for Mass Fraud link
Do Kwon pleaded responsible to fraud involving up to 40 billion US {dollars}. Over 4 years, he publicly misled the market, fabricated a stability mechanism and hid the supporting preparations with Bounce Buying and selling, finally inflicting heavy losses to lots of of hundreds of buyers. A number of letters from victims indicated that they suffered extreme monetary and psychological penalties due to their reliance on the undertaking’s declare of being “low-risk”. Regardless of considering his early responsible plea, his help to Terra directors and the comparatively lenient detention circumstances, the decide finally dominated {that a} extra deterrent sentence was vital and sentenced him to 15 years in jail.
7. Yicai: Mainland Enterprises’ Hong Kong RWA Enterprise Cools Down Utterly link
After conducting a number of interviews, China Enterprise Journal discovered that the Actual World Asset (RWA) enterprise of mainland enterprises in Hong Kong has encountered an general downturn. A number of consulting intermediaries revealed that the variety of enterprise consultations from the mainland has plummeted by greater than 90% prior to now two months, and many of the initiatives already in dialogue have been required to be placed on maintain. The inventory costs of listed corporations associated to the RWA idea have additionally declined correspondingly. The share costs of idea shares reminiscent of Longshine Know-how Group Co., Ltd. (300682.SZ) and GCL Vitality Know-how Co., Ltd. (002015.SZ) have halved from their peak ranges.
8. Singapore Gulf Financial institution (SGB) Permits Purchasers to Mint and Redeem Stablecoins Immediately on Solana Blockchain link
Singapore Gulf Financial institution (SGB) introduced at Solana Breakpoint 2025 held in Abu Dhabi the launch of a brand new service that permits shoppers to immediately mint and redeem stablecoins on the Solana blockchain. As a regulated digital financial institution, SGB goals to combine conventional banking providers with blockchain know-how by this initiative.
9. South Korea’s Excessive-Web-Price People Reduce Actual Property Allocation, Enhance Holdings of Gold and Crypto Belongings link
The 2025 Korea Wealth Report launched by KB Monetary Group reveals that the monetary asset scale of South Korea’s high-net-worth people has exceeded 3,000 trillion gained for the primary time. As of 2025, the variety of “rich people” in South Korea — outlined as these with monetary or actual property property exceeding 1 billion gained every — has elevated to 476,000, with their whole held monetary property reaching 3,066 trillion gained, an 8.5% year-on-year development. By way of asset construction, the proportion of actual property has continued to decline, whereas that of “different property” reminiscent of gold, bodily property and crypto property has risen markedly.
10. UAE Telecom Big e& Pilots Dirham Stablecoin Fee System link
e&, a telecom big within the UAE, has signed a Memorandum of Understanding (MoU) with Al Maryah Group Financial institution to take a look at whether or not the regulated Dirham stablecoin can help mainstream client cost situations. The cooperation will deal with the appliance of AE Coin — a stablecoin licensed by the Central Financial institution of the UAE (CBUAE) and pegged 1:1 to the Dirham — throughout e&’s varied digital channels. Underneath the MoU, e& will assess the feasibility of integrating AE Coin into its cost programs, together with cell and residential service invoice funds, pay as you go top-ups and postpaid invoice administration, in addition to interactions with e&’s digital platforms and good providers.
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