News Heat Trend
Project Overview
Unit is the asset tokenization layer on Hyperliquid, enabling seamless deposits and withdrawals for a variety of assets. Through its first integration, Unit supports the free flow of mainstream crypto assets like BTC, ETH, and SOL between Hyperliquid and their native blockchains.
Pakistan's Federal Investigation Agency (FIA) Establishes Cryptocurrency Investigation Unit to Combat Money Laundering and Terrorist Financing
the Federal Investigation Agency (FIA) of Pakistan has established a cryptocurrency investigation unit within its newly inaugurated National Command and Control Center (NC3) to probe money laundering and terrorist financing activities conducted through virtual currencies.Dr. Muhammad Athar Waheed, head of the FIA's Counter-Terrorism Department, stated that the new unit will investigate the criminal use of cryptocurrencies. The newly formed Pakistan Virtual Asset Regulatory Authority (PVARA) will be responsible for overseeing digital assets. Dr. Waheed also urged the National Cyber Crimes Investigation Agency and the Anti-Narcotics Force to establish similar departments to address the use of cryptocurrencies in cybercrime and drug trafficking.The NC3 integrates the FIA's financial crime tools onto a single platform, including anti-money laundering and virtual currency investigation units, an Interpol coordination point, open-source intelligence, cyber patrolling, and dark web investigation departments. Pakistan previously lifted its eight-year ban on cryptocurrency banking, created the PVARA, and is advancing the licensing of cryptocurrency exchanges. (Decrypt)
Private equity giants Blackstone and Apollo are planning a massive chip financing deal for Anthropic
private equity giants Apollo Global Management and Blackstone Group are bringing in more investors for a debt financing deal worth approximately $36 billion to help Anthropic build its artificial intelligence infrastructure.According to insiders, this debt financing will be used to purchase Google's custom TPU (Tensor Processing Unit) chips, which will then be leased by Anthropic. Broadcom, which assisted Google in developing the chip, will provide guarantees for the majority of this deal. This move is expected to become one of the largest private credit transactions in history and potentially the biggest debt financing deal for chips to date. The plan aims to leverage Broadcom's credit standing to provide computing power support for Anthropic.
T3 Financial Crime Unit Freezes Over $450 Million in Illicit Crypto Assets
According to The Block, the T3 Financial Crime Unit (T3 FCU), jointly established by Tether, TRON, and TRM Labs, announced that since its founding in 2024, it has frozen over $450 million worth of illicit crypto assets globally. In 2025, the unit’s interception of illicit proceeds increased by 43.9% year-on-year, covering 23 jurisdictions including the United States, Spain, and Germany, and has been recognized by the Financial Action Task Force (FATF) as “a critical resource for global law enforcement agencies.” The T3 FCU has participated in investigations across multiple crime categories, including exchange hacks, North Korea–related activities, terrorist financing, and violent crimes, and assisted Brazil’s Federal Police in freezing over $5.989 billion in assets—including 4.3 million USDT.
BitGo's Korean Entity Completes VASP Registration, Becomes First Overseas Crypto Enterprise to Directly Obtain a License
According to Yonhap News Agency, global virtual asset infrastructure company BitGo announced that its Korean entity, BitGo Korea, had its VASP (Virtual Asset Service Provider) registration application accepted by the Korea Financial Intelligence Unit (FIU) on August 18, becoming the first overseas crypto corporate entity to directly complete VASP registration in Korea to date. Established in 2024, BitGo Korea chose to enter the market by directly complying with regulatory requirements this time, rather than adopting the common industry practice of acquiring existing VASP companies. Moving forward, it will officially launch virtual asset custody (Custody) and transfer services in Korea based on this foundation, focusing on expanding business to financial institutions and corporate clients.
South Korea will include major shareholders of virtual asset service providers in screening starting from August 20, and equity changes must be reported 30 days in advance.
According to News1, the South Korean Financial Services Commission, Financial Intelligence Unit (FIU), and Financial Supervisory Service stated that starting from August 20, the scope of reporting review for virtual asset service providers will be expanded to include major shareholders; if changes occur to major shareholders or the compliance system, prior reporting must be submitted 30 days prior to the change.
Korea Plans to Raise Minimum Trading Unit for Single-Stock Leveraged ETFs to 20 Shares in September
the Korea Exchange has drafted amendments to the "Securities Market Business Regulations Implementation Rules," which will raise the minimum trading unit for single-stock leveraged ETFs from the current 1 share to 20 shares, and for ETNs from 1 security to 20 securities. The exchange is currently seeking market feedback.It is understood that South Korean financial regulators originally planned to implement this measure in November, but given the rising speculative trading in single-stock leveraged products and the need to cool it down ahead of schedule, the exchange is pushing for implementation as early as next month. In addition to raising the trading unit, regulators will also strengthen investor protection measures. New retail investors must complete at least 5 trading days of simulated trading—1 hour per day, totaling 5 hours—before participating in single-stock leveraged product trading. (EDaily)
U.S. Securities and Exchange Commission Establishes Specialized Enforcement Unit for Financial Reporting and Accounting
The U.S. Securities and Exchange Commission announced the establishment of a new "Financial Reporting and Accounting Unit" within the Division of Enforcement to strengthen investigations and enforcement regarding financial reporting fraud, accounting violations, and audit misconduct. The unit will be composed of attorneys and accountants with expertise in financial reporting, accounting, and auditing, and will be led by Timothy Zimmerman.
Luxembourg to Include Crypto Exchanges in FIU Alert System
Odaily News: Luxembourg has passed a new law authorizing the Financial Intelligence Unit (FIU) to send cross-institutional fraud alerts to traditional banks and cryptocurrency exchanges, with the relevant measures taking effect on August 8. The bill, numbered 8722, requires cryptocurrency exchanges operating in Luxembourg to receive alerts in sync with banks and payment institutions. The bill aims to close the loophole that allows fraudulent funds to move rapidly between traditional financial institutions and digital assets. Under previous rules, banks could only block transactions of flagged accounts within their own systems and were unable to notify another financial institution or cryptocurrency exchange to prevent funds from entering or leaving. Max Braun, head of Luxembourg's FIU, stated that incorporating cryptocurrency exchanges into the cross-departmental alert system will make it more difficult to cash out from flagged accounts. According to data from Luxembourg's Ministry of Justice, police recorded 6,382 fraud cases in the country in 2024, and financial practitioners submitted more than 18,000 reports of fraud and scams.
South Korea Plans to Legislate to Grant Financial Authorities Power to Freeze Accounts Suspected of Illegal Virtual Assets
According to Digital Asset, South Korean People Power Party lawmaker Kim Sang-hoon, together with 15 lawmakers, introduced an amendment to the Specific Financial Information Act on July 28. The bill defines the unique identification number assigned by virtual asset service providers to users as an "account," and grants the Financial Intelligence Unit (FIU) the power to request payment freezes on bank accounts and virtual asset accounts suspected of being used for illegal property transfers. The freeze period is 30 days and may be extended once; financial institutions failing to execute in a timely manner will face fines of up to 100 million Korean won. The bill will officially take effect 6 months after promulgation.
Luxembourg to Include Crypto Exchanges in FIU Alert System
Odaily News: Luxembourg has passed a new law authorizing the Financial Intelligence Unit (FIU) to send cross-institutional fraud alerts to traditional banks and cryptocurrency exchanges, with the relevant measures taking effect on August 8. The bill, numbered 8722, requires cryptocurrency exchanges operating in Luxembourg to receive alerts in sync with banks and payment institutions. The bill aims to close the loophole that allows fraudulent funds to move rapidly between traditional financial institutions and digital assets. Under previous rules, banks could only block transactions of flagged accounts within their own systems and were unable to notify another financial institution or cryptocurrency exchange to prevent funds from entering or leaving. Max Braun, head of Luxembourg's FIU, stated that incorporating cryptocurrency exchanges into the cross-departmental alert system will make it more difficult to cash out from flagged accounts. According to data from Luxembourg's Ministry of Justice, police recorded 6,382 fraud cases in the country in 2024, and financial practitioners submitted more than 18,000 reports of fraud and scams.
T3 Financial Crime Unit Freezes Over $450 Million in Illicit Crypto Assets
According to The Block, the T3 Financial Crime Unit (T3 FCU), jointly established by Tether, TRON, and TRM Labs, announced that since its founding in 2024, it has frozen over $450 million worth of illicit crypto assets globally. In 2025, the unit’s interception of illicit proceeds increased by 43.9% year-on-year, covering 23 jurisdictions including the United States, Spain, and Germany, and has been recognized by the Financial Action Task Force (FATF) as “a critical resource for global law enforcement agencies.” The T3 FCU has participated in investigations across multiple crime categories, including exchange hacks, North Korea–related activities, terrorist financing, and violent crimes, and assisted Brazil’s Federal Police in freezing over $5.989 billion in assets—including 4.3 million USDT.
UK FCA Raids Multiple Suspected Illegal P2P Cryptocurrency Trading Venues
Odaily News: The UK Financial Conduct Authority (FCA), in collaboration with HM Revenue & Customs and the South West Regional Organised Crime Unit, recently conducted raids on eight locations across the UK suspected of engaging in illegal P2P cryptocurrency trading. Officials issued prohibition orders on-site, requiring the operators to cease activities immediately and gathered relevant evidence. The UK FCA pointed out that currently, no P2P cryptocurrency traders or platforms are registered with the regulator in the UK. Furthermore, in the recent multi-agency Operation Atlantic, law enforcement agencies froze $12 million in assets linked to cryptocurrency scams and traced over $45 million in stolen cryptocurrency. The UK FCA has now launched a consultation on its guidelines for the cryptocurrency regulatory framework set to take effect in 2027.
B.AI Platform Launches GLM-5.2 Flagship Model with Limited-Time 40% Off Promotion
The B.AI platform is now launching a limited-time 40% discount on the GLM-5.2 model for all users. During the event, all calls enjoy a 40% discount on the settlement price, whether deployed via API for engineering purposes or used for daily interaction on the web interface. The discounted prices are: Input 0.84, Cache Write 0.84, Cache Read 0.168, Output 2.64 (Unit: Credits/Token). As a new generation open-source flagship model, GLM-5.2 features a 1M ultra-long context window and is designed for high-performance scenarios such as large-scale code development, complex reasoning, and agent tasks. Users can access it directly via the official API standard channel or the web interface, enabling seamless integration across all-scenario workflows. This event aims to unleash top-tier AI productivity at a lower cost. Starting today, users can log in to the B.AI platform to experience it.
Coinone Major Shareholder Change Approved: OKX Ventures and Korea Investment & Securities Complete New Shareholder Structure Filing
Odaily Planet Daily reported that South Korean cryptocurrency exchange Coinone announced on July 22 that it had received approval from the Korea Financial Intelligence Unit (FIU) to complete its major shareholder change declaration, formally establishing a new shareholder structure centered around Korea Investment & Securities, OKX Ventures, and Com2uS Holdings. Coinone stated that it will leverage the enhanced compliance and technical capabilities of its new shareholders to upgrade digital asset trading services and accelerate its transition into a comprehensive blockchain financial platform. (EDaily)
Cape Town Police Jointly Crack Down on Crypto Fraud, Seize Luxury Cars with Fake License Plates
According to Bitcoin.com, Cape Town Mayor Geordin Hill-Lewis launched a nighttime special operation in conjunction with the Metropolitan Police Department, seizing multiple luxury vehicles using forged or unregistered license plates, with drivers all claiming to be cryptocurrency and forex "traders". Among them was a Mercedes-AMG GLE valued at over $153,000 (approximately 2.5 million South African rand), which was fraudulently registered as a white BMW. Authorities pointed out that such "financial influencers" are accustomed to flaunting wealth with luxury cars on social media platforms like TikTok, luring victims into investing in fraudulent platforms. A report released in March had previously identified Cape Town and Johannesburg as hubs for organized crypto fraud, where criminal groups employ technologies such as deepfakes and cloned apps to commit fraud, and illicit funds are laundered through crypto wallets and physical assets. To address increasingly complex financial crimes, the mayor has established an independent Metropolitan Police Detective Unit to enforce the law independently, bypassing the under-resourced national police system.
South Africa's Tax Authority Issues Crypto Asset Tax Guidelines, Approximately 6 Million Users Face Audits
the South African Revenue Service (SARS) released a draft guideline on crypto asset taxation on July 1, 2026, aiming to establish compliance rules for approximately 5.8 to 6 million cryptocurrency users in South Africa. The public comment period is open until August 31, 2026. According to the updated framework, crypto assets are classified as intangible assets, not as foreign currency or traditional money. Taxpayers holding these assets are not required to pay tax on unrealized gains or losses. Tax obligations arise upon the disposal of the asset. If an individual’s crypto activities are deemed to resemble business operations or short-term day trading, the profits will be classified as gross income and taxed at marginal rates ranging from 18% to 45%. If crypto assets are held as long-term investments, gains from disposal are subject to capital gains tax, with effective personal tax rates ranging from 18% to 36%. The draft also treats exchanges between different crypto assets as barter transactions, with tax consequences arising immediately at the time of the exchange based on local market value. SARS stated that it has deployed a Crypto Revenue Augmentation Unit to track and audit digital wallets and urged taxpayers who have not previously disclosed their crypto earnings to complete their filings through a voluntary disclosure program to avoid administrative penalties following stricter enforcement after the August deadline. (Bitcoin.com News).
Coinbase Officially Enters the Indian Market, Supporting Direct INR Deposits and Withdrawals
According to Coinbase’s official blog, Coinbase announced on May 31 that it has officially launched services for retail users in India, enabling direct deposits and withdrawals of Indian Rupees (INR) via the IMPS channel—eliminating the need for P2P intermediaries. Indian users can now trade spot and perpetual futures on the platform and access a dedicated INR order book built specifically for the local market. Coinbase stated that it has completed registration with India’s Financial Intelligence Unit (FIU-IND) and complies with Indian tax regulations.
Private equity giants Blackstone and Apollo are planning a massive chip financing deal for Anthropic
private equity giants Apollo Global Management and Blackstone Group are bringing in more investors for a debt financing deal worth approximately $36 billion to help Anthropic build its artificial intelligence infrastructure.According to insiders, this debt financing will be used to purchase Google's custom TPU (Tensor Processing Unit) chips, which will then be leased by Anthropic. Broadcom, which assisted Google in developing the chip, will provide guarantees for the majority of this deal. This move is expected to become one of the largest private credit transactions in history and potentially the biggest debt financing deal for chips to date. The plan aims to leverage Broadcom's credit standing to provide computing power support for Anthropic.
Related news
BitGo's Korean Entity Completes VASP Registration, Becomes First Overseas Crypto Enterprise to Directly Obtain a License
According to Yonhap News Agency, global virtual asset infrastructure company BitGo announced that its Korean entity, BitGo Korea, had its VASP (Virtual Asset Service Provider) registration application accepted by the Korea Financial Intelligence Unit (FIU) on August 18, becoming the first overseas crypto corporate entity to directly complete VASP registration in Korea to date. Established in 2024, BitGo Korea chose to enter the market by directly complying with regulatory requirements this time, rather than adopting the common industry practice of acquiring existing VASP companies. Moving forward, it will officially launch virtual asset custody (Custody) and transfer services in Korea based on this foundation, focusing on expanding business to financial institutions and corporate clients.
South Korea's KakaoBank Renews Real-Name Deposit Account Contract with Crypto Exchange Coinone
According to Yonhap News Agency, KakaoBank and virtual asset exchange Coinone announced that they will extend the real-name confirmed deposit and withdrawal account service contract by one year, with the contract period extended to August next year. The two parties decided to renew the contract after completing on-site inspections and evaluating the adequacy of the Anti-Money Laundering (AML) system. Coinone has also completed the acceptance of the change filing with the Financial Intelligence Unit (FIU). Since the two companies first established real-name account cooperation in August 2022, this year marks the fourth year of continuous cooperation.
South Korea will include major shareholders of virtual asset service providers in screening starting from August 20, and equity changes must be reported 30 days in advance.
According to News1, the South Korean Financial Services Commission, Financial Intelligence Unit (FIU), and Financial Supervisory Service stated that starting from August 20, the scope of reporting review for virtual asset service providers will be expanded to include major shareholders; if changes occur to major shareholders or the compliance system, prior reporting must be submitted 30 days prior to the change.
B.AI Platform Launches GLM-5.2 Flagship Model with Limited-Time 40% Off Promotion
The B.AI platform is now launching a limited-time 40% discount on the GLM-5.2 model for all users. During the event, all calls enjoy a 40% discount on the settlement price, whether deployed via API for engineering purposes or used for daily interaction on the web interface. The discounted prices are: Input 0.84, Cache Write 0.84, Cache Read 0.168, Output 2.64 (Unit: Credits/Token). As a new generation open-source flagship model, GLM-5.2 features a 1M ultra-long context window and is designed for high-performance scenarios such as large-scale code development, complex reasoning, and agent tasks. Users can access it directly via the official API standard channel or the web interface, enabling seamless integration across all-scenario workflows. This event aims to unleash top-tier AI productivity at a lower cost. Starting today, users can log in to the B.AI platform to experience it.
Korea Plans to Raise Minimum Trading Unit for Single-Stock Leveraged ETFs to 20 Shares in September
the Korea Exchange has drafted amendments to the "Securities Market Business Regulations Implementation Rules," which will raise the minimum trading unit for single-stock leveraged ETFs from the current 1 share to 20 shares, and for ETNs from 1 security to 20 securities. The exchange is currently seeking market feedback.It is understood that South Korean financial regulators originally planned to implement this measure in November, but given the rising speculative trading in single-stock leveraged products and the need to cool it down ahead of schedule, the exchange is pushing for implementation as early as next month. In addition to raising the trading unit, regulators will also strengthen investor protection measures. New retail investors must complete at least 5 trading days of simulated trading—1 hour per day, totaling 5 hours—before participating in single-stock leveraged product trading. (EDaily)
U.S. Securities and Exchange Commission Establishes Specialized Enforcement Unit for Financial Reporting and Accounting
The U.S. Securities and Exchange Commission announced the establishment of a new "Financial Reporting and Accounting Unit" within the Division of Enforcement to strengthen investigations and enforcement regarding financial reporting fraud, accounting violations, and audit misconduct. The unit will be composed of attorneys and accountants with expertise in financial reporting, accounting, and auditing, and will be led by Timothy Zimmerman.