DeFi News page 18

The Monetary Authority of Singapore wants issuers to back tokens with 100% reserves while barring interest payouts to holders. The Monetary Authority of Singapore has put forward a proposed license for stablecoin issuers operating in the country. The framework centers on two core requirements.

The campaign will distribute 125 million WLFI tokens and 6.25 million USD1 stablecoins to participants in its opening phase. Aster and World Liberty Financial announced Phase 1 of a new rewards program called USD1 RWA Boost. The initiative pairs World Liberty Financial's USD1 stablecoin with real-world asset activity on the Aster platform.

The Monetary Authority of Singapore opens public comment on new stablecoin regulations through October 2026. The Monetary Authority of Singapore has put forward a new set of proposed rules for stablecoins operating in or accessible from the city-state.

Seoul is building blockchain surveillance capacity to enforce a long-delayed capital gains levy on digital assets. South Korean regulators are preparing wallet tracing technology to support enforcement of a crypto capital gains tax scheduled for 2027, according to crypto.news.

The new card links crypto spending to everyday payments through Visa and Apple Pay integration. MEXC has introduced the MEXC Global Card, a Visa crypto card designed to let users spend digital assets like conventional money. The card offers up to 10% cashback in USDT on qualifying purchases.

A Gulf investment group tied to a $500 million World Liberty commitment has acquired a near-majority stake in a new crypto banking venture connected to the Trump family, the Wall Street Journal reports.

The fintech's euro-pegged token reaches a test group within its 75 million-user app as European regulators detail how a digital euro would protect user privacy Revolut has started rolling out EURR, its euro-denominated stablecoin, to users inside its banking app.

Crypto.com-linked network's validators paused the chain following an attack on its largest lending platform. The Cronos blockchain stopped processing transactions on August 30 after an apparent attack on Tectonic, its largest lending protocol. Validators moved to halt the chain in what several reports describe as an emergency measure.

Russia's largest bank says a new legal market limited to Bitcoin, Ether and USDT could handle tens of billions in trading within twelve months Sberbank has projected that Russia's first year of regulated cryptocurrency trading could reach $46 billion in volume.

A separate report traces a wider $96 million transfer pattern, reviving scrutiny of Binance's role in USD1 activity. A wallet secured through Fireblocks' custody infrastructure moved $30 million in USD1 to Binance, crypto.news reported.

The trading platform's blockchain generated $2.66 million in daily app revenue, edging out two established networks. Robinhood Chain generated $2.66 million in app revenue over a single 24-hour period, according to data cited by multiple outlets covering the crypto sector.

The exchange's blockchain network processed 5.5 million transactions in a single day, its busiest since launch. Robinhood Chain logged its highest single-day activity since launch on August 31, 2026. The network processed $874.8 million in decentralized exchange volume within 24 hours. It also handled 5.5 million transactions over the same period, according to Cryptopolitan.

Paolo Ardoino pushes back against the Bank for International Settlements as it raises concerns about stablecoin risks. Tether CEO Paolo Ardoino has publicly criticized the Bank for International Settlements over its push for tokenized bank deposits. The comments were reported separately by Bitcoin.com News and crypto.news on August 31, 2026.

Security firm Blockaid identified the drain of a lending reserve tied to wrapped FLOW tokens on the Flow EVM network. More Markets, a decentralized lending protocol operating on Flow EVM, suffered a $9.3 million exploit targeting one of its lending reserves.

The new platform lets users see how the same election question is priced differently across competing prediction venues. Predictions.io has introduced a free comparison tool built to track how prediction markets price the same election outcome differently. The platform pulls odds for identical questions from multiple venues and displays them side by side.

The best-supported overnight story is a custody firm buying a trading desk, not a new platform launch, and the publisher counts say so. The best-supported overnight story is a custody firm buying a trading desk, not a new platform launch, and the publisher counts say so.

Cryptopolitan and Cointelegraph agree on how The Sandbox's bridge was exploited and on its 1:1 compensation plan, but give different dollar values for the same ~14.74 million SAND withdrawn from the Ethereum vault. Cryptopolitan and Cointelegraph agree on how The Sandbox's bridge was exploited and on its 1:1 compensation plan, but give different dollar values…

South Korea's Upbit operator and the global payments network are exploring joint work in stablecoin settlement and artificial intelligence. Dunamu, the company behind South Korea's largest cryptocurrency exchange Upbit, has entered a partnership with Visa. The collaboration focuses on stablecoin-based payments and artificial intelligence business lines, according to reports from The Block and crypto.news.