exchange

According to Edaily, South Korea's FIU plans to tighten cryptocurrency regulation, proposing a reporting obligation for overseas cryptocurrency transactions exceeding 10 million won (approximately 7,200 USD), and strengthening KYC information verification and the applicability of the Travel Rule.The FIU is expected to hold its first discussion today (May 19) with the CEOs of the five major South Korean cryptocurrency exchanges: Upbit, Bithumb, Coinone, Korbit, and GOPAX, as well as DAXA.Some industry experts in South Korea have warned that implementing "full reporting" for large transactions may constitute excessive regulation and could lead to users and funds flowing to overseas platforms. They suggest that regulators should focus more on abnormal trading patterns rather than a single monetary threshold.

According to a report by Reuters, since 2023, Iran's largest cryptocurrency exchange Nobitex has processed at least $2.3 billion in transactions through TRON and BNB Chain. These two blockchains were founded by crypto tycoons Justin Sun and Changpeng Zhao, both of whom are major supporters of the Trump family's World Liberty Financial.On-chain data first disclosed by Reuters shows that since the outbreak of the war in Iran in February, at least $22.6 million in crypto assets have flowed through Nobitex on the BNB Chain, with at least $550,000 flowing through TRON. Nobitex is widely used by sanctioned Iranian institutions, including the Central Bank of Iran and the Islamic Revolutionary Guard Corps. A White House spokesperson denied any conflict of interest in Trump's business dealings. World Liberty stated that it has no connection to Nobitex. Binance and BNB Chain responded that BNB Chain is a decentralized public blockchain, and Binance does not operate or control the network. TRON stated that it cannot monitor every transaction.

According to on-chain analyst Yu Jin's monitoring, in just the past 2 months, the Ondo project's multi-signature wallet has transferred over 328 million ONDO (98.42 million USD) to exchanges such as Coinbase.

According to Jinshi reports, the dollar index, which measures the dollar against six major currencies, fell by 0.09% on May 19, closing at 99.192 in the foreign exchange market. 1 euro exchanged for 1.1637 dollars, higher than the previous trading day's 1.163 dollars; 1 pound exchanged for 1.3411 dollars, higher than the previous trading day's 1.3332 dollars; 1 dollar exchanged for 159.01 yen, higher than the previous trading day's 158.68 yen; 1 dollar exchanged for 0.7856 Swiss francs, lower than the previous trading day's 0.7865 Swiss francs; 1 dollar exchanged for 1.3749 Canadian dollars, higher than the previous trading day's 1.3739 Canadian dollars; 1 dollar exchanged for 9.4093 Swedish kronor, lower than the previous trading day's 9.4374 Swedish kronor.

According to Onchain Lens monitoring, Anchorage Digital associated addresses purchased 397,000 HYPE from Bybit and OKX, worth approximately 18 million dollars. In the past month, the wallet has accumulated a total of 2.13 million HYPE, worth approximately 91.99 million dollars.

According to Bloomberg, the Chicago Mercantile Exchange (CME) and the New York Stock Exchange (NYSE) are pressuring U.S. regulators to impose oversight on the decentralized derivatives exchange Hyperliquid, citing concerns about market manipulation and violations of sanctions.

According to the official announcement, Gate launched the spot trading of My Pet Hooligan (HOOLI) on May 15 at 18:00 (UTC+8), and My Pet Hooligan (HOOLI) will be available on the swap platform at 19:00 (UTC+8).

According to Bits.media, the Moscow Exchange is in discussions with brokers to launch a cryptocurrency trading mode. Experts expect that cryptocurrency trading in Russia will be similar to other exchange tools, but trading hours will be extended to 24/7. Currently, the Moscow Exchange is considering whether to adopt a 24/7 model, but the final decision depends on how the clearing operations will work.In addition, the Moscow Exchange is testing the deposit and withdrawal functions for cryptocurrencies and has invited some brokers to participate in the testing. In the future, users will not be able to register cryptocurrency wallets directly on the exchange but will need to operate through brokers' digital custody accounts. The Moscow Exchange's press office stated that the platform "is actively developing solutions to serve the cryptocurrency market."

According to Jinshi reports, the Tokyo Stock Exchange index rose over 1%, and the Nikkei 225 index increased by 0.8%.

According to Bloomberg, Gemini exchange founders Tyler and Cameron Winklevoss made a $100 million "strategic investment" in the exchange, purchasing Class A common stock at a price of $14 per share, with payment made in Bitcoin. The exchange's stock closed at $5.26 on Thursday, rising about 15% in after-hours trading, having fallen over 80% in the past year.Gemini's net loss in the first quarter narrowed to $109 million, compared to $149 million in the same period last year; revenue grew 42% to $50 million, mainly driven by income from services such as credit cards. CEO Tyler Winklevoss stated that the market has severely underestimated Gemini, and this investment will help the company transition from a crypto company to a market company. Gemini went public in September 2025, shortly after which the crypto market began to decline.

The Bitwise Hyperliquid ETF will begin trading on the New York Stock Exchange this Friday, with the ticker BHYP. Previously, 21Shares' Hyperliquid ETF (THYP) was launched this Tuesday, with a first-day trading volume of approximately $1.8 million. BHYP will become the first fund in the U.S. to offer Hyperliquid staking rewards, with related staking operations conducted through Bitwise's Bitwise Onchain Solutions. 21Shares also stated that it plans to stake most of its holdings in HYPE. Hyperliquid is currently a leading on-chain perpetual contract exchange and is gradually expanding into tokenized commodities and spot crypto trading. Its native token HYPE is used for platform fee payments and has consistently ranked among the top 15 cryptocurrencies by trading volume.

According to the official announcement, Gate launched Gensyn (AIGENSYN) spot trading on May 14 at 21:00 (UTC+8) and will launch Gensyn (AIGENSYN) on the instant exchange platform at 22:00 (UTC+8).

According to Onchain Lens, a whale with the address 0x3dC9...54b0 withdrew approximately 3.79 million LIT from OKX and Bybit, worth about 3.55 million dollars at the current price, and then deposited all the funds into Lighter Vault.

According to CoinDesk, XRP's trading volume on major exchanges in South Korea exceeded that of Bitcoin and Ethereum within 24 hours.In the past 24 hours, the XRP/KRW trading pair on Upbit had a trading volume of approximately $110.9 million, surpassing Bitcoin's $88.6 million and Ethereum's $67 million; it ranked second on Bithumb, only behind USDT/KRW.South Korea has been one of the most active speculative markets for XRP, but the price of XRP has only fluctuated slightly, ranging between $1.44 and $1.45, with a weekly increase of about 3%, still unable to break through the resistance zone of $1.49 to $1.50 since February.The South Korean Kospi index fell sharply on Tuesday due to comments on tax policies, indicating that market risk appetite is sensitive, with investors focusing on trading XRP rather than broadly chasing high-risk assets.

According to Times Brasil, the decision-making committee of the administrative sanctions procedure under the Central Bank of Brazil imposed a fine of approximately $3.15 million on Banco Topázio and prohibited it from conducting over-the-counter foreign exchange business for virtual asset trading for the next two years.Regulators stated that Banco Topázio had deficiencies in customer qualification review, customer registration, and anti-money laundering and counter-terrorism financing controls while handling approximately $1.7 billion in related business from October 2020 to September 2021, and failed to report unusual transactions to Coaf. Officials from the Central Bank of Brazil indicated that similar restrictions may also apply to other institutions involved in cryptocurrency business in the future.

According to data released by Binance Research, currently 28% of Binance users allocate at least half of their investment portfolio to stablecoins, a significant increase from 4% in 2020; in emerging markets, this proportion is as high as 36%.