BitGo Korea Wins VASP Registration in First for Foreign Crypto FirmSouth Korea’s Financial Intelligence Unit (FIU) has accepted BitGo Korea’s virtual asset service provider (VASP) registration, making it the first locally established subsidiary of a foreign crypto company to obtain the status directly.BitGo, one of the industry’s oldest and largest institutional crypto custodians, said it chose to establish a local entity and meet South Korea’s regulatory requirements rather than enter the market by acquiri ...

BitGo Korea Wins VASP Registration in First for Foreign Crypto FirmSouth Korea’s Financial Intelligence Unit (FIU) has accepted BitGo Korea’s virtual asset service provider (VASP) registration, making it the first locally established subsidiary of a foreign crypto company to obtain the status directly.BitGo, one of the industry’s oldest and largest institutional crypto custodians, said it chose to establish a local entity and meet South Korea’s regulatory requirements rather than enter the market by acquiri ...

Source: https://t.co/ezQ9b644Vz ...

Coinbase Adds Hyperliquid Perpetual Futures Trading to Base AppCoinbase has integrated Hyperliquid perpetual futures trading into its Base App, allowing eligible users to access more than 290 perpetual markets, including BTC, ETH, equities and commodity-related markets, with up to 50x leverage. Trade execution is handled by Hyperliquid.Coinbase said perpetual futures account for about 75% of current crypto trading volume and are among the most requested features from Base App users. The product will not be ...

Source: https://t.co/TKb46KR35I ...

Glassnode Says Bitcoin Rebounds Remain Local Rallies, Not a Trend ReversalBitcoin remains below both the roughly $68,500 Short-Term Holder Cost Basis and the $75,800 True Market Mean, with Glassnode’s on-chain models continuing to place the market in a capitulation regime. Relative Unrealized Loss peaked at only about 25%, well below the more than 60% seen in previous cycles, while the 90-day Realized Profit/Loss Ratio remains at 0.75, above the sub-0.5 level historically associated with seller exhaustion.P ...

Arthur Hayes outlined the concept of Flop Network in a new essay titled The Book of Genesis. Hayes said he is self-funding the project, plans no large presale and favors a fair-launch model, with about 20% of the token supply to be distributed over time to testnet users and other network participants. He argues that if the AI-agent economy keeps expanding, a native currency representing claims on compute could become core infrastructure for machine-to-machine commerce. ...

Regulatory and Compliance - OKX clarifies that the exchange does not operate in mainland China under the current crypto regulatory environment [1] - OKX plans to tighten internal controls on large-language-model access to comply with regional policies [1] Industry Dynamics - OKX is in discussions with Anthropic to restore access to the Claude large language model [1] - OKX aims to ensure Claude is available exclusively to users in permitted regions [1]

Souce: https://t.co/crOJVP5iC6 ...

Compliance and Regional Policies - OKX restricted Hong Kong employees and staff traveling through China from using Anthropic's Claude due to regional access policy violations [1] - Anthropic's current policy does not permit Claude usage in mainland China or Hong Kong [1] - OKX adjusted operations by redirecting related artificial intelligence requests to alternative models following a brief enterprise account suspension in early August [1] Corporate Strategy and Financial Performance - OKX actively promotes artificial intelligence adoption among employees by incorporating artificial intelligence capabilities into performance evaluations [2] - OKX spends approximately $6 million to $8 million per month across major artificial intelligence model providers [1][2]