News & Research

U.S. President Donald Trump plans to impose a 25% tariff on goods imported from India, according to Walter Bloomberg on X.

JPMorgan is partnering with Coinbase to make it easier for Chase customers to buy cryptocurrency, according to Eleanor Terrett, host of Crypto in America, on X. Soon, customers will be able to fund Coinbase accounts with Chase credit cards, and by 2026, they will gain access to direct bank transfers and 1:1 crypto purchases using Chase Ultimate Rewards points.

Hong Kong Financial Services and the Treasury Secretary Christopher Hui said the government plans to make tokenized bond issuance a regular practice in the 2025–26 budget, according to JinSe Finance. The Hong Kong Monetary Authority is preparing for the third issuance, and once legislation is completed, the regulatory framework will fully cover the digital asset industry, balancing risk management, investor protection and market innovation.

Bitcoin’s futures market has cooled despite prices near $123,000, signaling reduced leverage and risk-taking, according to CryptoQuant contributor ShayanMarkets. He said this reset suggests price support from organic demand, which could pave the way for a new all-time high.

Kraken Exchange reported that XRP perpetual futures trading volume reached $3.48 billion in July—surpassing Solana’s (SOL) $3.23 billion—for the first time. According to Cointelegraph, the surge follows a 40% rally in XRP’s price to a record $3.66 after its U.S. SEC lawsuit resolution and a more crypto‑friendly U.S. administration, Kraken’s derivatives head Alexia Theodorou said. Despite XRP’s volume lead, Solana still dominates global futures open interest with $10.69 billion versus XRP’s $8.53 billion.

Falcon Finance said on X that it has secured a $10 million strategic investment from World Liberty Financial, a DeFi project linked to the Trump family. WLFI’s USD1 stablecoin is already accepted as collateral on Falcon, supporting efforts to establish a new on-chain dollar standard.

The Osaka Exchange, part of Japan Exchange Group, is researching cryptocurrency futures, options and ETFs, aligning with global regulatory trends, according to BeInCrypto. CEO Ryosuke Yokoyama said the exchange is reviewing international models to determine their suitability for Japan’s market as part of a broader push toward institutional integration of digital assets.

Swiss crypto bank Sygnum Bank reported in its Q3 2025 Investment Outlook that improved regulatory clarity, growing liquidity and rising on‑chain activity could spark a long‑awaited altcoin season. According to Cointelegraph, the report noted Bitcoin (BTC) dominance has fallen more than 6% in a month, while spot BTC ETF assets topped $160 billion and Ethereum (ETH) saw record ETF inflows and 30% of its liquid supply staked after the Pectra upgrade. Decentralized exchanges hit a record 30% market share with $530 billion in volumes and DeFi lending topped $70 billion, indicating capital is rotating into projects with real‑world use cases.

A Beijing court has sentenced a former tech executive, surnamed Feng, to 14 years and six months in prison for embezzling 140 million yuan ($19.5 million) and laundering the funds through cryptocurrencies via eight overseas exchanges, Decrypt reported, citing the South China Morning Post. Feng, who was responsible for approving incentive payouts at a short video platform, conspired with external vendors to submit fraudulent claims and used coin mixing tools to conceal the flow of illicit funds. Authorities recovered over 90 BTC and tracked the laundering process using advanced blockchain analytics.

RD Technologies, a Hong Kong-based stablecoin infrastructure firm, has raised $40 million in a Series A2 funding round, The Block reported. The round was led by ZA Global, China Harbour, Bright Venture and Hivemind Capital, with additional participation from HSG, Eternal Digital, CMSC Partners and Guotai Junan International Private Equity Fund. The firm is currently developing HKDR, a stablecoin fully backed by the Hong Kong dollar, and has teamed up with ZA Bank to develop regulated use cases for financial services.