bor

Since the new system was launched by the Korean National Tax Service in July 2025, 33.9 billion won in unpaid taxes has been recovered through cross-border tax cooperation over the past nine months, accounting for most of the total amount recovered cross-border since 2015.Reports indicate that starting next year, South Korea will receive virtual asset transaction data from 56 countries based on a new cryptocurrency reporting framework, and plans to exchange information on overseas real estate holdings and transactions starting in 2030.

Bitget officially launched the "Blockchain4Youth Learning Center" with its first course, aimed at providing a systematic blockchain learning path for young people and further connecting knowledge learning with career development. After completing the course and passing the assessment, students will receive a certificate of completion issued by Bitget's Chief Marketing Officer Ignacio Aguirre Franco, serving as an official certification of their Web3 capabilities. Certificate holders can gain more industry exposure and priority employment opportunities among the partner employers of the Blockchain4Youth Talent Alliance.To bridge the gap from learning to employment, Bitget has partnered with the Web3 recruitment platform Bondex to provide students with a transparent job-seeking channel and a talent pool connection mechanism. Bondex co-founder Ignacio Palomera stated that the project aims to address the real issues faced by learners, such as "lack of industry connections after completing the course, insufficient effective certification, and unclear job-seeking paths," building a more direct bridge between young talent and recruiting companies.So far, the Bitget Blockchain4Youth series of projects has attracted over 15,000 young participants. Bitget CMO Ignacio Aguirre Franco pointed out that the goal of the learning center is to transform young people's interest in Web3 into a tangible entry path. As the program continues to advance, Blockchain4Youth is gradually evolving from a single event project into a long-term infrastructure focused on Web3 education, career guidance, and talent development.

Jupiter Lend announced that the borrowing limit for JLP/JupUSD has been increased from 25 million USD to 40 million USD, adding 15 million USD in capacity available for use.

According to Insight Korea, South Korea's digital bank K Bank has established a strategic partnership with blockchain company Ripple to advance the verification of next-generation cross-border remittance technology based on blockchain.Both parties will focus on assessing the optimization potential in remittance speed, cost structure, and transaction transparency through Ripple's global payment network and infrastructure. The current collaboration includes proof of concept based on digital wallets, joint development of cross-border remittance models, and expansion in the digital asset field. The ongoing second phase of testing has simulated the connection between the bank's internal systems and customer accounts, testing on-chain fund transfers aimed at the UAE and Thailand. K Bank is also evaluating the adoption of Ripple's SaaS digital wallet Palisade to enhance compliance and deployment efficiency.

DogPay announced a strategic partnership with DeCard to jointly launch the DogPay physical payment card, aimed at further bridging stablecoin assets with the global traditional payment network.It is reported that this payment card combines DeCard's regulated card issuance and settlement infrastructure with DogPay's modular digital financial platform. Eligible users can transact at over 150 million Visa-supported merchants worldwide, supporting real-world application scenarios such as offline POS machine consumption, retail shopping, and ATM withdrawals, thereby directly converting stablecoin balances into everyday purchasing power.DogPay officials stated that the launch of the physical payment card aims to meet the growing market demand for compliant and globally accepted digital asset payment tools, further promoting the deep integration of digital assets with regulated financial infrastructure.

Circle Chief Economist Gordon Liao submitted a governance discussion proposal for Aave, suggesting adjustments to the USDC interest rate parameters of the Aave v3 Ethereum core market to address the high utilization and liquidity strain that persisted for several days following the KelpDAO rsETH event.The proposal suggests raising the "Slope 2" to 40% initially, with a target of 50%, while lowering the optimal utilization rate to attract more USDC deposits. Some members of the Aave community believe that higher borrowing costs may exacerbate the liquidation risk for borrowers. Data shows that Aave's current total locked value is approximately $15.3 billion.

The cryptocurrency trading platform Bybit has officially launched a USD1 trading series event in collaboration with WLFI, and has listed USD1 spot trading pairs for BTC, ETH, and USDC. The total prize pool for this event reaches 10 million WLFI.It is reported that the event is divided into several sections: from April 22 to May 6, users trading designated USD1 spot trading pairs on the Bybit main site can share a reward of 6 million WLFI; during the same period, users who complete at least 500 USD1 transactions on the Mantle chain via Bybit Alpha can share 1 million WLFI. Additionally, starting from May 6, the USDC/USD1 and USD1/USDT trading pairs will have zero trading fees, and the platform will also launch the Puzzle Hunt event, allowing users to share the remaining 3 million WLFI prize pool through check-ins, trading, and inviting friends.

According to The Block, B2B stablecoin technology provider Infinite has launched Infinite Accounts, offering banking account services for businesses that support deposits, withdrawals, ACH, domestic and international wire transfers, as well as stablecoin minting, burning, and on-chain transfers, all accessible through a single API.This service is supported by traditional banking infrastructure from Erebor Bank, which has recently received its license. Infinite states that the fiat currency balance in the accounts may be eligible for FDIC insurance, while the stablecoin balance is not. This move comes at a time when institutional adoption of stablecoins is continuing to heat up.

According to monitoring by Lookonchain, the whale 0xD91D created a new address and deposited 9,500 wstETH into Spark. Subsequently, it borrowed 9,500 ETH, worth approximately 22.68 million USD, and transferred it to Binance for sale, while withdrawing USDE from Binance to repay its loan on Aave.

According to Fortune, the blockchain project Tempo, supported by Stripe and Paradigm, has launched a "stablecoin consulting" service, providing support for stablecoin adoption to enterprises and financial institutions, including identifying applicable scenarios and dispatching engineers to assist with stablecoin integration.The report states that the American food delivery platform DoorDash is collaborating with Tempo to explore paying delivery personnel with stablecoins; Stripe, Coastal Community Bank, and ARQ are also building stablecoin infrastructure based on Tempo, while Visa, OnePay, Felix, Fifth Third Bank, and Howard Hughes Holdings are integrating their payment services with Tempo.

According to DL News, the Russian government has published a draft bill on the State Duma website, proposing to hold criminal liability for organizing the circulation of digital currencies without registration or permission from the Central Bank of Russia, with a maximum penalty of 7 years of forced labor.The draft states that ordinary violators could face fines of up to approximately $4,000 and a maximum sentence of 4 years; operators of large cryptocurrency trading platforms could face fines of up to approximately $13,000, and responsible individuals could be sentenced to 5 to 7 years. The bill also proposes that most cryptocurrency transactions be completed through commercial bank apps and imposes penalties on industrial cryptocurrency miners for unreported activities. If approved by the State Duma and the president, the new regulations are set to take effect on July 1, 2027.

ChainCatcher reported live that Tang Bo, Assistant Dean of the Financial Research Institute at the Hong Kong University of Science and Technology, Fei Si, Partner at King & Wood Mallesons, Diao Zhi Hai, Head of International Wealth Management at China International Capital Corporation, and Gavin Wang, Managing Partner and Chief Investment Officer of SNZ Holding & SNZ Capital, jointly attended the HK Web3 Feastival roundtable discussion, sharing insights on "from asset registration" to "on-chain issuance," bridging the last mile of RWA cross-border compliance.Fei Si pointed out that the so-called "from asset registration to on-chain issuance" essentially establishes a replicable, sustainable, and legally compliant channel for "domestic assets, overseas issuance." He believes that the most critical aspect at this stage is to first establish a solid transaction structure and top-level product design, clarifying whether the product is classified as equity or debt, as this will directly determine the corresponding regulatory authorities, communication methods, and subsequent legal document arrangements.Diao Zhi Hai approached the issue from the practical perspective of traditional financial institutions, stating that the biggest challenge currently is not a single isolated pain point, but how to systematically connect multiple compliance nodes to form a truly implementable closed-loop mechanism. He indicated that RWA cross-border projects involve not only financial regulation but also data cross-border, cybersecurity, foreign exchange management, and other departmental collaborations. Therefore, it is essential to examine whether the underlying assets can be clearly defined and mapped on-chain, who qualifies as the issuer and controlling entity, and whether the non-financial regulatory requirements throughout the process have been incorporated into the plan.Gavin Wang entered the discussion from the investment and market demand perspective, emphasizing that the global trend of asset tokenization is certain, and that high-quality Chinese assets are still significantly undervalued overseas. This means that as long as the cross-border compliance path is opened, market demand genuinely exists. He believes that investment institutions are most concerned with whether the entire project has clear compliance boundaries and marketability: red lines cannot be crossed, and gray areas must be approached with caution. What is truly worth investing in are those asset types with clearer regulatory expectations that investors can more easily understand and accept. In the long term, he is optimistic about two types of Chinese cross-border RWA targets: one type is large, high-quality Chinese assets that are easily understood by overseas investors, and the other type includes high-end manufacturing, robotics, AI, and pharmaceutical pipelines that are still undervalued overseas but possess global competitiveness.

The custodian service provider Fireblocks will be responsible for the issuance and distribution of the euro stablecoin by the Qivalis consortium, which is expected to launch in the second half of 2026, regulated by the Dutch central bank and in compliance with the EU's Markets in Crypto-Assets Regulation (MiCAR).Qivalis members include 12 European banks such as BBVA, BNP Paribas, ING, and UniCredit. Reports indicate that the current stablecoin market size is approximately $305 billion, of which about 99% are dollar stablecoins, and the euro stablecoin market size is around $650 million. Qivalis plans to enhance the application of euro stablecoins in institutional scenarios with compliant products.

The Japan Securities Clearing Corporation (JSCC), a clearing institution under the Japan Exchange Group, has partnered with Mizuho Bank, Nomura Securities, and Digital Asset to launch a proof-of-concept trial aimed at exploring the use of blockchain technology for collateral management of Japanese Government Bonds (JGBs).According to a joint statement released on Monday, the trial will integrate existing systems from multiple institutions through the Canton Network to test the on-chain transfer and management of JGBs. This initiative aims to assess the feasibility of achieving real-time collateral trading while ensuring compliance with relevant financial instruments and trading laws. The trial will also investigate cross-border use cases involving clearinghouses, institutional investors, and other market participants.JSCC stated that this trial is part of a broader initiative under the Financial Services Agency's "Payment Innovation Project." As overseas markets like the United States make progress in testing similar infrastructures, advancing JGBs collateral management has become an "urgent priority." Previously, the Depository Trust & Clearing Corporation (DTCC) in the U.S. launched a pilot to tokenize U.S. Treasury securities, and South Korea is also conducting related tests.

According to CoinDesk, citing informed sources, Coinbase is collaborating with the cryptocurrency exchange platform Bybit to explore methods for tokenization, custody, and distribution of assets such as U.S. public and pre-IPO stocks.The informed source added that the ongoing discussions do not involve any form of equity acquisition or similar transactions. Bybit's plans to enter the U.S. market involve a new entity led by former co-CEO Helen Liu, working with a local partner providing licensing and compliance services whose identity has not been disclosed, rather than Coinbase.CoinDesk reported that both Bybit and Coinbase declined to comment.

At the 13th anniversary gala "GATE GALA 13" held at the Rosewood Hotel in Hong Kong, Gate founder and CEO Dr. Han delivered a keynote speech titled "How We Grow Together in the Crypto Industry," providing a systematic sharing on the future development path of the crypto industry. The event attracted over 300 institutional representatives, partners, and industry guests from around the world.In his speech, Dr. Han pointed out that the crypto industry is gradually moving from early breakthroughs to a new stage of multi-ecosystem collaborative development. Among them, the integration of CEX, DEX, and TradFi will become an important direction for the evolution of infrastructure, while the introduction of RWA, multi-asset allocation, and AI technology is reshaping the application boundaries and efficiency models of the industry.He further stated that future industry competition will no longer be limited to single products or tracks, but will depend on the platform's comprehensive capabilities in multi-asset integration, technological collaboration, and global resource connectivity. As institutional participation continues to rise, the industry as a whole will accelerate towards a more mature and systematic direction.

ChainCatcher reported live that KGA Managing Partner Kevin M. Goldstein, Binance Co-CEO Richard Teng, Stable CEO Brian Mehler, JPMorgan Asia Pacific (Payments) Fintech Industry Head Akhil Devmurari, and Bitstamp by Robinhood President Leonard Hoh jointly attended the 2026 Hong Kong Web3 Carnival roundtable discussion, focusing on "The Present and Future of Cross-Border Payments and Asset Digitization."Richard Teng pointed out that the existing financial infrastructure is extremely outdated, with bank transfers taking two to three days and high fees, while cross-border remittance rates can be as high as 11%. In contrast, stablecoin transfers are instant and cost very little. He revealed that with the passage of the U.S. Genius Act, stablecoin transaction volume has increased by over 70% year-on-year, surpassing Visa's transaction volume, and its market capitalization has grown by over 50% year-on-year. He also mentioned that Binance started trading precious metals in January this year, and within three months, its trading volume has exceeded that of many traditional commodity exchanges. Additionally, it has launched products such as petrochemical products, stock tokens, and Pre-IPO offerings, aiming to create a multi-jurisdictional, multi-asset trading platform serving over 310 million users. Regarding AI, he believes that stablecoins will become the native currency of AI, with the payment ecosystem for intelligent agents built around blockchain and AI.Akhil Devmurari pointed out from JPMorgan's perspective that the Asia-Pacific region has a population of 4.8 billion and over 90% fintech adoption rate, with cross-border payments being the biggest pain point. Digital currencies present a significant opportunity as an alternative payment track. He stated that JPMorgan's payment platform processes $12 trillion daily, focusing on tokenized deposits and tokenized assets, and applying blockchain technology to fund flows to reduce friction. He emphasized that the current market capitalization of digital currencies accounts for only about 1% of total payment volume, with 99% still in fiat currency, indicating huge growth potential, but compliance is a key link in ecological development. He defined the relationship between traditional finance and crypto as "co-opetition," stating that banks need to collaborate with the industry to drive ecological growth.Leonard Hoh stated that Bitstamp, as an exchange and infrastructure provider, has observed that trading and payment counterparties are adopting a "stablecoin-first" strategy, whether for prepayments, settlements, or credit collateral, with both traditional finance and crypto-native institutions feeling secure about this technology. He pointed out that the industry currently faces growing pains from excessive fragmentation—there is an oversupply of stablecoin issuers, Layer 1 solutions, and regulatory frameworks relative to market size, and exchanges need to address interoperability challenges across chains and borders. He believes that the key to unlocking the next stage lies in the development of non-U.S. dollar stablecoins and on-chain foreign exchange markets.Brian Mehler pointed out from the perspective of Layer 1 public chains that the technology itself is already functioning normally, with traditional cross-border payments charging about 6.5% fees for a $200 transaction, while on-chain it only requires 1% or even less. The real issue lies in the fragmentation of compliance, as regulatory frameworks in different countries operate independently. Therefore, compliance elements such as whitelist, blacklist, and travel rules must be embedded in the infrastructure layer of the chain to achieve true global interoperability. He also mentioned that PayPal has introduced PYUSD to the Stable chain, and traditional financial institutions are actively seeking to establish a presence on-chain, with Layer 1 not aiming to replace banks but to become a settlement layer.

Coinbase announced the launch of a crypto collateral lending service in the UK, allowing users to use BTC, ETH, and cbETH as collateral to borrow USDC within one minute. The service is supported by the open-source lending protocol Morpho on the Base chain.Coinbase stated that the product was launched ahead of 2025, and as of April 14, 2026, the total amount of loans issued through Morpho via Coinbase has exceeded 2.17 billion USDC. Users can check loan health, historical annual interest rates, and liquidation alerts within the Coinbase App, with rates dynamically adjusted according to market conditions.

According to on-chain analyst Yu Jin's monitoring, the amount of funds withdrawn from Aave today has reached 6.6 billion dollars, half of which is stablecoins. After a large amount of funds were withdrawn, both deposit and borrowing rates surged, with the deposit rate for USDT and USDC stablecoins reaching 13.4% and the borrowing rate hitting 15%.