The next frontier for crypto innovation is clear: Decentralized physical infrastructure networks need a tailored legal framework to unlock their full potential. It’s time for lawmakers to provide regulatory clarity for DePIN. Opinion by: Aaron Basi, head of product at IoTeX With the recent passage of the GENIUS Act, the United States has taken its first real step toward regulating crypto nationally. The bill focuses on stablecoins, establishing reserve rules, audits and authorized issuers. This is a milestone for the industry. If lawmakers want to support the next wave of innovation, they cannot stop here. One of the fastest-growing sectors, decentralized physical infrastructure networks, or DePINs, still lacks a legal framework . Read more
Pyth Network has launched live, onchain price feeds for 85 major Hong Kong stocks, removing access barriers and enabling real-time financial data integration. Decentralized oracle network Pyth Network has begun publishing real-time, onchain prices for 85 of the most valuable stocks listed in Hong Kong, giving builders and traders worldwide direct access to one of Asia’s most important equity markets. The price feeds are sourced directly from institutional-grade venues and updated every 400 milliseconds across more than 100 blockchains, the project said in an announcement shared with Cointelegraph. “Whether you’re building trading strategies, structured products, tokenized portfolios, or simply want access to real-world stock prices from Asia’s financial gateway, these feeds bring Hong Kong’s equity market onchain openly, instantly, and permissionlessly,” the announcement said. Read more
Binance and WazirX face scrutiny as India investigates cross-border wallet flows and security risks. Globally, investigative agencies have been acting against illicit crypto funding. India’s Financial Intelligence Unit (FIU-IND) is investigating the global cryptocurrency exchange Binance and the Indian exchange WazirX, focusing on potential loopholes in cross-border digital asset transfers. The investigation is driven by concerns about unregulated wallet transactions linked to accounts from Pakistan. Authorities are particularly worried about activities near sensitive areas like Jammu and Kashmir, where such transfers could be used for illegal funding or money laundering. They are also investigating the funds sent from India to addresses located outside the country. Read more