New financial guideline aims to protect investors and bring order to digital asset lending South Korea’s financial regulators have introduced sweeping restrictions on cryptocurrency lending services, marking one of the strongest moves yet to safeguard retail investors in the country’s rapidly growing digital asset market. Investor Protection at the Core The Financial Services Commission (FSC) announced that crypto lending platforms will now face strict boundaries. The new rules prohibit leveraged loans that exceed collateral value and enforce a hard cap of 20% annual interest rates on lending products. In a statement, the FSC said the guideline “clearly defines the scope…
Author: Blockto Team
Tron founder disputes blacklisting by Trump-linked DeFi platform amid $9M transfer scrutiny Tron founder Justin Sun has urged World Liberty Financial (WLFI), a decentralized finance project tied to the Trump family, to unfreeze his pre-sale token allocation after his wallets were blacklisted this week. The freeze followed blockchain tracker reports of suspicious transfers totaling around $9 million, sparking speculation about Sun’s intentions. Sun responded on social media Friday, arguing that his allocation was “unreasonably frozen” and that WLFI’s actions run contrary to the decentralized values of blockchain. “Tokens are sacred and inviolable — this should be the most basic value…
Winklevoss-led exchange eyes growth under MiCA and MiFID II approval Crypto exchange Gemini has expanded its European services, rolling out Ether (ETH) and Solana (SOL) staking along with USDC-denominated derivatives trading for users across the European Economic Area (EEA). The move follows Gemini’s regulatory milestones, including approval under Markets in Crypto-Assets Regulation (MiCA) in Malta in August and authorization under the Markets in Financial Instruments Directive (MiFID II) in May. Mark Jennings, Gemini’s head of Europe, said the expansion positions the platform as a leading contender in the region. “Now that we have a full suite of products — spot…
XRP Struggles to Reclaim Momentum as Sellers Dominate Key Resistance Zones XRP is currently trading around $2.83, posting only a modest 0.9% gain in the last 24 hours, but the broader technical outlook suggests that the token remains under pressure. Despite a sharp rebound earlier this summer, XRP has been unable to sustain momentum above $3.00, and buyers now face stiff resistance at multiple levels. On the four-hour chart, XRP has clearly established support between $2.70 and $2.80, an area where demand has repeatedly prevented deeper declines. However, overhead resistance is building, with heavy sell walls near $3.10 and $3.40,…
BTC Dominance Reaches Two-Week Peak While Resistance Levels Limit Upside Bitcoin (BTC) has staged a recovery, climbing to around $113,000, as market dominance rose to 59% — the highest level in two weeks. This move signals renewed strength in the world’s largest cryptocurrency, but technical signals point to significant hurdles ahead. On the four-hour chart, Bitcoin broke out from a descending channel, bouncing off support near $110,000, which has acted as a crucial demand zone for buyers. The rally has since carried BTC into the $113,000 resistance band, an area marked by repeated rejections in recent sessions. “The $113K–$115K region…
Industry leaders call for clear regulations to ease banking barriers Australia has made major progress in integrating cryptocurrency into its financial system, but crypto users and businesses continue to face banking roadblocks that hinder growth. Industry leaders say clear government regulations are now essential to distinguish legitimate operators from bad actors and provide confidence for banks. Survey highlights banking frustrations A recent Binance survey of 1,900 Australians found that 58% wanted unlimited access to deposit funds into exchanges, while 22% switched banks to make crypto purchases easier. Matt Poblocki, Binance’s general manager for Australia and New Zealand, explained that access…
Market outlook shows bearish pressure while buyers defend key levels Stellar (XLM) fell by more than 3% in the latest trading session, slipping toward a long-standing support area around $0.34–$0.36. The move highlights ongoing weakness in the altcoin, though strong demand at lower levels has so far prevented a deeper decline. Key support level remains intact The chart shows that Stellar continues to hover near its green support zone, which has repeatedly acted as a floor over the past few weeks. This region has proven to be critical for price stability, with buyers stepping in to limit losses. “The $0.34…
Central bank pitches digital euro as crisis backup amid privacy and banking concerns The European Central Bank (ECB) is once again promoting its plans for a digital euro, framing it as a safeguard during times of crisis. But during a recent parliamentary session, several EU lawmakers voiced skepticism about the currency’s design, potential risks to commercial banks, and its impact on citizens’ privacy. ECB defends digital euro as a fallback system Speaking before the European Parliament’s economic committee, ECB board member Piero Cipollone said the digital euro would ensure that all Europeans have access to “a free, universally accepted digital…
Market outlook shows renewed strength with potential for further gains Bitcoin (BTC) has once again broken above the $112,000 level, signaling a potential shift in momentum after weeks of downward pressure. The move comes as the leading cryptocurrency defends a critical support zone, sparking optimism among traders looking for the next leg higher. Key support zones remain intact On the daily chart, Bitcoin found strong buying interest around the $108,000–$110,000 support area, highlighted in green. This zone has repeatedly acted as a cushion for price action throughout the summer, and the latest rebound reinforces its importance. “The defense of $110,000…
Dogecoin mining pivot signals bold move into crypto sector Thumzup Media Corporation, a company with ties to Donald Trump Jr., has announced plans to acquire 3,500 Dogecoin mining rigs, projecting potential annual revenues of up to $103 million if Dogecoin reaches the $1 mark. From adtech to large-scale Dogecoin mining In a recent shareholder letter, the company revealed it has executed agreements—pending shareholder approval—to acquire DogeHash Technologies, which currently operates thousands of Dogecoin miners. The deal includes 2,500 rigs already active with an additional 1,000 on order. The combined entity will be renamed Dogehash Technologies Holdings and listed under the…
