Regulation

On Tuesday, Bitcoin slid from its 30-day line at $82.8k, dipped to retest the 50-day line at $81.1k, then bounced back to hover near the 30-day line. Off stage, though, a report from an international regulatory body pushed a stablecoin market now worth over $300 billion back into the spotlight on safety. On October 12, the Financial Stability Board (FSB) published a report warning that stablecoins could face a redemption crisis under market stress. What makes the warning special is precisely that it targets the well-reserved ones: even with full reserves, a run is not guaranteed survivable.[1] ...

Overnight, the apps of 29 overseas crypto exchanges vanished from Google Play in South Korea. This was no technical glitch — it was a surgical strike by Korean regulators. On July 24, 2026, South Korea’s crypto community erupted. Search Google Play for OKX, Bybit, MEXC, KuCoin, Gemini, or BitMEX — all gone. The trigger was a long-gestating action by the Korea Financial Intelligence Unit (KoFIU): every overseas exchange app that has not completed Virtual Asset Service Provider (VASP) registration with the KoFIU is to be removed from Google Play[1]. ...