exchanges

According to the Vietnam News Agency, Vietnam is piloting a regulatory framework for the cryptocurrency market to strengthen investor protection while opening up financing channels. The government’s Resolution No. 05, released in September 2025, specifies that cryptocurrencies must be backed by RWA, excluding securities and fiat currencies, and will initially be issued only to foreign investors. Currently, five companies have undergone preliminary assessments through the exchange and must meet Level 4 security requirements and contribute at least 100 trillion Vietnamese dong (approximately 383 million USD). The decree No. 284, issued in July, will impose penalties on unlicensed platform trading activities starting from September 1, and domestic investors must wait six months after the first licensed service provider receives a license from the Ministry of Finance before they can trade through licensed providers.

According to South Korean media Daum, an analysis of the five major Korean won exchanges Upbit, Bithumb, Coinone, Korbit, and GOPAX, as well as the public API of CoinGecko, found that after excluding duplicate assets, the five exchanges collectively support approximately 606 types of crypto assets. Among them, 164 types (27.1%) are only available for trading on one exchange, and another 324 types (53.5%) are traded on two or fewer exchanges.Among the assets supported by a single exchange, Coinone has the most, with 55 types; Bithumb has 54 types, GOPAX has 25 types, Upbit has 16 types, and Korbit has 14 types. In terms of liquidity, the median trading volume of these 164 assets in nearly 24 hours is only about 1.37 million won, with 79 types having a trading volume of less than 1 million won, and 38 types even having zero transactions.The analysis suggests that listing on a single exchange does not inherently mean that the asset carries risk. If the relevant assets are actively traded on overseas exchanges or support smooth withdrawals, investors still have other exit channels. However, for assets with low overseas trading volume and restricted deposit and withdrawal networks, once support is terminated, investors may face difficulties in both selling and transferring.

According to CoinDesk, six Bitcoin wallets that were active from 2011 to 2014 and had not moved since transferred a total of 553.59 BTC, worth about $40 million, between August 16 and 26. Five of the wallets sent Bitcoin to addresses with no known exchange associations, while one wallet transferred 40 BTC to the German crypto custody and trading service provider Boerse Stuttgart Digital. Additionally, two of these wallets are linked to a lawsuit in New York, where the pseudonymous plaintiff Noah Doe is seeking control over Bitcoin held in 39,069 dormant addresses under the state's lost property law. Data from Galaxy Research shows that the on-chain movement of dormant Bitcoin fell to its lowest level since 2022 in the second quarter, with the total movement expected to be less than half of last year's for the entire year of 2026. Galaxy Research director Alex Thorn stated that none of the many whale clients he interacts with cited quantum computing risk as a reason to sell, but some institutional investors are indeed avoiding buying Bitcoin for this reason. Following the disclosure of a vulnerability in the Coldcard hardware wallet, approximately 210,000 BTC left long-term holder wallets within a week.

According to the latest ranking of stock derivatives exchanges released by RootData, the three exchanges with the largest spreads among the listed exchanges are HTX, BingX, and OrangeX, with spreads reaching 0.856%, 0.332%, and 0.258%, respectively.It is worth noting that these three exchanges have ranked in the top three for spreads for several consecutive days. RootData reminds that this spread is the weighted spread based on 24h trading volume, and a higher value usually indicates higher trading costs.

According to data from DefiLlama, Gate's 24-hour net capital inflow reached $194.09 million, ranking among the top three centralized exchanges in the world.

According to Decrypt, THORChain announced the launch of version 3.2, which adds native cross-chain exchange support for Monero (XMR) and Zcash (ZEC). Users can directly exchange XMR and ZEC for BTC, ETH, and stablecoins without the need to wrap assets, register centralized exchange accounts, or relinquish asset custody.This upgrade also introduces Protocol Owned Liquidity (POL) and Stable Reserve, and restores support for Solana, Base, and BNB. Among them, Stable Reserve supports zero liquidity fee exchanges between stablecoins. This upgrade is expected to provide a new non-custodial trading path for users facing liquidity channel shrinkage due to centralized exchanges delisting or restricting XMR.

The decentralized AI infrastructure DGrid AI completed its TGE yesterday at 16:00, with $DGAI simultaneously launching on multiple exchanges including OKX Boost, Gate, Bitget, KuCoin, Kraken, MEXC, and PancakeSwap.According to CoinMarketCap data, the opening price of $DGAI was $0.1, reaching a high of $0.85 within 12 hours after launch, an increase of 8.5 times. As of today at 16:00, $DGAI is priced at $0.72, with a current FDV of approximately $720 million.$DGAI is the native token of the decentralized AI network DGrid, primarily used for node staking, AI service payments, ecosystem incentives, and governance.

According to Gate data, Changxin Storage (CXMT) is currently priced at $8.256, with a 24-hour increase of 0.78%. According to CoinGlass data, Gate Changxin Storage (CXMT) has a position volume of $6.6283 million, ranking first among centralized exchanges.

According to data from The Block, the trading volume of centralized cryptocurrency exchanges (CEX) doubled within five days, rising from an annual low to over $37 billion, but still far below the peak of $105 billion reached after the massive liquidation event on October 10, 2025. CEX trading volume has reached $490 billion so far in August, down from $670 billion in July.The report points out that the rise of spot ETFs and digital asset treasuries may weigh on CEX trading volume, but demand for altcoins will still flow to CEX due to advantages in listing speed, trading pair depth, and tools for small and medium market cap tokens. Bitcoin and Ethereum rose over 23% and 30% respectively last week, while the market cap of altcoins (excluding BTC and ETH) increased by about 13% during the same period. The popularity of DEXs like Hyperliquid and Lighter is also diverting CEX trading volume.

According to official news, the decentralized AI infrastructure network DGrid AI announced that its token $DGAI will launch its TGE on August 24, 2026, at 16:00, and will simultaneously open spot trading on multiple exchanges including OKX Boost, Kraken, Bitget, Gate.io, Kucoin, and MEXC.According to previous news, DGrid AI has announced the $DGAI token economics, of which 50% will be used for node network operation and node incentives, 8% will be used for airdrop rewards, and the $DGAI airdrop will be distributed to users' linked exchange accounts on the day of TGE.

According to CoinDesk, Fairmint CEO Joris Delanoue stated that the boom in tokenized stocks may replicate a digital version of Wall Street's "paper crisis" from the late 1960s. At that time, trading volume in U.S. stocks surged, overwhelming the back office that relied on paper stock certificates, leading to an increase in settlement failures. The New York Stock Exchange even closed on Wednesdays to clear the backlog, ultimately driving infrastructure reforms such as central depositories and custodial trust companies.Delanoue mentioned that the main issue is whether the crisis is being recreated in a digital manner. Exchanges, special purpose vehicles (SPVs), token packaging, and proprietary ledgers may sever ownership records during the growth of tokenized stocks. Some products only provide economic exposure to the underlying stocks rather than legal ownership, and investors may rely on intermediaries, facing uncertainties regarding voting rights, dividends, and asset claims when issuers or SPVs encounter problems. The global market for tokenized stocks has grown from less than $500 million at the end of the first quarter to approximately $2 billion.

The Financial Supervisory Service of Korea submitted data to the National Assembly's Political Affairs Committee today, revealing that as of the end of July, the five major virtual asset exchanges in Korea have registered a total of 6,590 corporate accounts. Bithumb has the highest number of registered corporate accounts, reaching 3,280; the accounts under Upbit operator Dunamu total 2,086. The two major exchanges account for a total of 5,366 corporate accounts, making up 81.4% of the total. In addition, Korbit has 620, Coinone has 539, and Gopax has 65.

According to a report by the Korean News Agency, the Financial Supervisory Service of Korea submitted data to the National Assembly's Political Affairs Committee, revealing that as of the end of July, the five major virtual asset exchanges in Korea (Upbit, Bithumb, Coinone, Digital Asset Exchange, Gopax) have registered a total of 6,590 corporate accounts.In terms of the distribution of exchanges, Bithumb has the highest number of registered corporate accounts, reaching 3,280; the operator of Upbit, Dunamu, has 2,086 accounts. The two major exchanges account for a total of 5,366 corporate accounts, which is 81.4% of the total. Additionally, Korbit has 620, Coinone has 539, and Gopax has 65.In terms of compliance, there are a total of 711 corporate accounts that have completed customer identity verification (KYC), accounting for 10.8% of all corporate accounts. Among them, Upbit has the most with 290; Bithumb has 199, Korbit has 184, and Coinone and Gopax have 33 and 5, respectively. In terms of the scale of virtual asset holdings, Korean corporate accounts hold approximately 43.377 billion Korean won (about 31.2 million USD), with Upbit having the highest share, holding approximately 27.08 billion Korean won, accounting for 62.4% of the total; Bithumb holds about 6.29 billion Korean won, and Coinone holds about 5.15 billion Korean won. The deposit scale of corporate accounts is approximately 9.13 billion Korean won.

In the second quarter, the trading revenue of three listed cryptocurrency exchanges, Coinbase, Bullish, and Gemini, decreased sequentially. The gap between trading revenue and non-trading revenue for the three platforms narrowed, with Coinbase's difference dropping from approximately $132 million to $44 million within a year.Coinbase expanded its product offerings in stablecoins and prediction markets, with the average USDC holdings in the third quarter increasing by 44% year-on-year to $20 billion. Gemini increased the number of market makers in the prediction market to three times that of the beginning of the year.Bullish launched a new rewards program to support trading operations, with adjusted trading revenue in the second quarter decreasing by 21% sequentially to $29.9 million, but increasing by 24% year-on-year. Gemini's trading volume decreased by 66% year-on-year to $3.8 billion, with a 38% decline in trading revenue.

According to Digital Asset, on August 20, members of the Korean National Power Party, including Yoon Tae-yong, proposed an amendment to the Specific Financial Information Act, which aims to grant the Financial Intelligence Unit (FIU) direct enforcement authority over unreported virtual asset service providers.According to the amendment, anyone can report illegal activities to the FIU. Upon receiving a report or discovering suspected violations, the FIU can initiate investigations and analyses, and refer the case to or notify investigative authorities. The proposal points out that while current laws impose reporting and anti-money laundering obligations on virtual asset service providers, there are no direct enforcement measures against unreported operators, posing risks of money laundering and illegal cross-border transfers, making it difficult to respond quickly relying solely on inter-agency coordination.

According to Digital Asset, the South Korean government stated that digital assets held by residents through personal wallets or overseas exchanges, as long as they generate income from transfers or lending, are generally subject to taxation.The digital asset tax will be implemented starting January 1, 2027, taxed as other income, with a deduction of 2.5 million won and a tax rate of 20%, including local taxes up to a maximum of 22%.

According to Livecoins, the Joint Task Force Against Organized Crime in Rondônia, Brazil (FICCO/RO) executed arrest and search warrants against a gang suspected of electronic fraud and money laundering. The criminal organization is accused of using cryptocurrency exchanges to hide illegal funds transferred from the original victims' accounts.A case investigated in 2025 resulted in losses of approximately $5.74 million. The court has issued 8 preventive arrest warrants and 18 search warrants, and authorized the freezing of related assets such as cryptocurrency exchange and bank accounts. In addition to targeting securities accounts, the law also mandates the seizure of vehicles and boats belonging to the individuals under investigation.

According to the latest ranking of stock derivatives exchanges released by RootData, the top three exchanges with the largest spreads are OrangeX, BingX, and HTX, with spreads reaching 0.318%, 0.298%, and 0.292% respectively.It is reported that this spread is the weighted average spread based on 24-hour trading volume, and a higher value usually indicates higher trading costs.