South Korea’s Financial Services Commission introduced new rules for crypto lending, banning leveraged loans, capping interest at 20% and restricting use to the top coins. South Korea’s Financial Services Commission (FSC) set new rules for crypto lending. The FSC said on Friday that interest on crypto lending is now capped at 20% in South Korea, and leveraged lending is not allowed. Crypto lending is restricted to the top 20 tokens by market capitalization or those listed on at least three won-based exchanges. The new rules follow late July reports that South Korea’s financial regulators had plans to release guidelines on cryptocurrency lending services to tighten oversight and protect investors. The move also followed the introduction of leveraged lending services by local crypto exchanges. Read more
Sora Ventures said the fund is backed by an initial capital commitment of $200 million from institutional partners across Asia. Crypto venture capital company Sora Ventures announced a $1 billion Bitcoin treasury fund, and said it plans to acquire the full amount within six months. On Friday at Taipei Blockchain Week, Sora Ventures founder Jason Fang unveiled what he called “Asia’s first $1 billion Bitcoin treasury fund” during a discussion titled, Introducing BTC Strategy into Major Asia Equity Markets. Sora said the fund is backed by a $200 million capital commitment from institutional partners across the region. In an article shared by Fang, the company said it aims to accelerate Bitcoin adoption among corporate treasuries. Read more
From BitMine’s massive 1.5 million ETH reserve to Coinbase’s dual-purpose holdings, corporate treasuries are rewriting the Ether playbook in 2025. Companies aren’t just holding ETH; they are staking and restaking to generate steady onchain income. Mega-holders like BitMine (1.5 million ETH) can sway liquidity, validator distribution and even upgrade dynamics. Weekly ETH disclosures from firms like SharpLink give investors real-time insight into accumulation and staking rewards. Read more
Sun said his WLFI pre-sale allocation was “unreasonably frozen” in a move that could damage the reputation of the Trump-family-linked decentralized finance platform. Update Sept. 5, 11:20 a.m. UTC: This article has been updated to include insights from Coinbase’s Conor Grogan. Tron founder Justin Sun is urging World Liberty Financial (WLFI), a crypto project linked to the Trump family, to unfreeze his token allocation. His wallets were blacklisted after suspicious transactions flagged by blockchain trackers sparked accusations of selling. Sun’s World Liberty Financial (WLFI) token address was blacklisted on Thursday, after blockchain data from Nansen and Arkham flagged the address for a $9 million transfer, Cointelegraph reported. Read more
Bitcoin’s relief bounce above $112,000 liquidated shorts as analysts said BTC price may get an additional boost from the US jobs report. Key takeaways: Bitcoin breaks back above $112,000 on Friday as bulls clinch key support. More crypto market volatility is expected after the release of the US jobs report later on Friday. Read more