Regulatory Changes - Japan's FSA plans to tighten regulations on crypto lending under the Financial Instruments and Exchange Act [1] - The aim is to close loopholes and mandate stronger risk and custody controls for crypto lending [1] - Proposed investment limits for Initial Exchange Offerings (IEOs) to curb retail speculation [1] Potential Concerns - Experts warn that investment caps on IEOs could be easily bypassed in secondary markets [1]

Largest crypto lending protocol Aave to integrate Maple’s yield-bearing assets https://t.co/Up9mbXL4rX ...

Core Insights - Société Générale is actively engaging in decentralized finance (DeFi) by integrating its euro and dollar stablecoins with major DeFi platforms like Uniswap and Morpho, marking a significant step beyond pilot projects in the banking sector [2][3][4] Company Developments - SG Forge, the digital assets arm of Société Générale, has integrated its USDCV and EURCV stablecoins with Uniswap, which has a monthly trading volume exceeding $100 billion, and Morpho, a lending protocol with $11 billion in deposits [2] - The integration allows institutional clients to swap stablecoins and other crypto assets on Uniswap and to lend and borrow against them through Morpho [2][3] Industry Trends - The DeFi lending sector is gaining traction, with deposits to DeFi lending protocols reaching an all-time high of $130 billion in early September, indicating a strong demand for decentralized lending solutions [3] - Other banks, such as Credit Suisse and Standard Chartered, are also exploring digital assets and tokenization, reflecting a broader trend in the banking industry towards embracing DeFi and digital currencies [5] Regulatory Environment - Recent regulatory developments, including the European Union's MiCA rules and new stablecoin regulations in the US, are fostering a more favorable environment for banks to engage with digital assets [6] - Future regulations, such as the planned market structure bill in the US, are expected to further encourage banks to explore DeFi initiatives, although potential delays due to government shutdowns may impact this [6]

🇺🇸 JUST IN: The SEC and Gemini Trust reach an agreement over crypto lending dispute involving the Gemini Earn product, nearly three years after the initial complaint was filed. https://t.co/SIRnVUWeSt ...

RT GG (@ggDecrypt)Tokenized Pokémon Cards Are Hot. Lending Them for Crypto Is a Different Story► https://t.co/gwKYyQwA66 https://t.co/gwKYyQwA66 ...

RT shαs (@XBT002)Here's your round-up of today's news from @TheBlock__'s team in Asia:Lead Bank, a Missouri-based lender focused on fintech and crypto companies, has raised $70 million in its Series B round, pushing its valuation to $1.47 billion. @timmyhmshenDecentralized exchange Bunni published a post-mortem report on the exploit that resulted in $8.4 million in losses. @ParkKunwoongAn Ethereum ICO participant moved 150,000 ETH through three addresses to a staking address on Thursday, according to onchai ...

Regulatory Landscape - South Korea temporarily paused crypto lending [1] - Regulatory clarity push could set the standard for other nations [1] Industry Impact - The move towards regulatory clarity in South Korea could influence global crypto regulations [1]

South Korea's pause on crypto lending after a major liquidation event highlights a global trend of rising market leverage.Read more: https://t.co/S995C2Ws8l ...

Regulatory Action - South Korea's Financial Services Commission (FSC) has ordered domestic exchanges to suspend all crypto lending programs, citing risks of user losses and operation in a legal gray zone [1] - Exchanges must comply with the FSC's order or face on-site inspections [1] - The FSC will allow existing contracts to be repaid or extended but has barred fresh lending [3] - The regulator plans to formalize digital asset lending with new guidelines once user safeguards are in place [3] Market Impact - Approximately 27,600 investors borrowed ₩1.5 trillion (approximately $1.1 billion) in the first month of one firm's lending program [2] - About 13% of the loans were liquidated due to price swings [2] - The FSC flagged market disruption, citing an abnormal USDT sell-off linked to the new lending services [2] Lending Program Details - Upbit allowed users to borrow up to 80% of their deposits against BTC, XRP, or USDT [2] - Bithumb offered loans worth up to four times collateral [2] Future Outlook - South Korea is shifting towards structured crypto regulation, preparing spot ETFs, easing institutional curbs, and drafting a stablecoin framework pegged to the won [3] - Leveraged lending is currently on pause but not ruled out in the future [3]

COMMENT: The regulator stated that these products exist in a legal gray area and could lead to user losses, warning exchanges to comply or risk on-site inspections.BSCN (@BSCNews):SOUTH KOREA ORDERS EXCHANGES TO HALT CRYPTO LENDING- South Korea’s Financial Services Commission (FSC) ordered domestic exchanges to suspend all crypto lending programs starting Tuesday.- The regulator said the products operate in a legal gray zone and pose risks of user https://t.co/qyar606noE ...