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The Washington State Court has ordered the prediction market platform Kalshi to cease offering prediction services related to sports, elections, politics, entertainment, culture, technology, and science, due to its violation of the state's gambling laws.The court also requires Kalshi to implement geofencing technology by September 2 to prevent users in Washington State from accessing the relevant services.

According to the Financial Times, JPMorgan Chase terminated its banking services for Polymarket last October due to regulatory concerns, requiring the company to seek new banking institutions. Previously, Polymarket was banned from providing services to U.S. customers after the Commodity Futures Trading Commission took enforcement action in 2022.Currently, Polymarket has partnered with a new bank, but the specific name has not been disclosed. JPMorgan Chase still maintains business dealings with Polymarket and invited its CEO Shayne Coplan to participate in a private banking client meeting held in Miami this February, where he spoke alongside former NFL player Tom Brady. Polymarket stated that the two parties continue to maintain a close and active relationship in various areas, including multiple entities, operational integration, and customer fund flow management.Since 2026, prediction market platforms like Polymarket and Kalshi have faced legal actions from multiple U.S. states regarding their alleged operation as illegal sports bookmakers, while the relevant platforms argue that they operate as exchanges facilitating trades between buyers and sellers, rather than as bookmakers. According to user aggregated data, the nominal trading volume of prediction markets has exceeded $250 billion since 2026.Meanwhile, Polymarket is seeking over $1 billion in financing, with a target valuation of $20 billion, more than doubling from the approximately $8 billion valuation during the last round of financing in 2025.

Japan's largest banking group, Mitsubishi UFJ Financial Group (MUFG), plans to utilize blockchain technology to provide instant settlement services for certain Japanese Government Bonds (JGB) transactions.According to reports, MUFG plans to conduct blockchain-based Japanese Government Bond repurchase transactions using tokenized money market funds and stablecoins to shorten the settlement process of traditional securities transactions.

The B.AI APP for Android officially launched on August 12, providing a complete mobile experience that continues the core functionalities of the web version. This update introduces the "Service Availability Detection" feature, which includes a built-in API and real-time detection mechanism for web lines, helping users quickly obtain available access addresses and reducing the impact of changes in network environments.Android users can visit the B.AI official website, click the "APP" button in the upper right corner to scan the QR code, or directly scan the official poster QR code to complete the installation.

According to CoinDesk, the cross-border payment company MoneyGram announced the expansion of its cash and cryptocurrency exchange service MoneyGram Ramps to Solana, allowing wallets, exchanges, and developers within the Solana ecosystem to access its global cash network.The service supports two-way exchanges between cash and digital assets, with cash deposits covering over 25 countries and cash withdrawals covering over 170 countries and regions. MoneyGram had previously launched a cash deposit and withdrawal service based on USDC in partnership with Stellar and issued the dollar-backed stablecoin MGUSD, continuously expanding its stablecoin payment and remittance business.

According to Digital Asset, LG CNS, an IT service company under South Korea's LG Group, plans to launch a brand new blockchain service in September, specifically targeting the stablecoin ecosystem, covering core functions such as digital wallets, transaction processing, fee payment, and on-chain data management.Lee Jung-hwa, head of the blockchain department at LG CNS, stated that wallets are the most important infrastructure in the stablecoin ecosystem. In the future, whoever controls the wallets and the fiat currency entry and exit channels will occupy a key position. The company has previously accumulated technology related to CBDC and deposit tokens by participating in the Bank of Korea's "Project Hangang" and has verified various on-chain settlement models in experiments.

In response to rumors on social media about "Doubao recommending hotels for a fee," Liu Xing, the head of public affairs for Doubao at ByteDance, stated on the evening of August 10 that the related statements are inaccurate. He indicated that Doubao's life service business currently does not have paid promotions, and Doubao does not charge advertising fees for hotel recommendations; merchants cannot influence recommendations or rankings through payment, and only pay channel service fees after an order is completed.Liu Xing pointed out that some platforms adopt a "commission + advertising" charging model, while Doubao primarily charges based on completed transactions at this stage, making direct comparisons inappropriate. For merchants, the actual channel costs and the effects of new orders are more meaningful references. He also mentioned that Doubao's life service business is still in a very early exploratory stage.

The Solana Name Service (SNS) announced that .sol domain registrations are expected to be suspended on August 17, 2026, to align with the subsequent eligibility snapshot process. The official statement mentioned that .sol domains registered before the suspension will be included in the upcoming snapshot range, and users can check their eligibility results after the snapshot is completed.SNS also stated that it will continue to disclose relevant progress starting from August 17, and .sns domain registrations are expected to resume in mid-September, with more details to be announced later. The official also reminded users to be cautious of fraudulent claim links and emphasized that SNS will not ask users to claim domains, sign transactions, or pay fees to receive new .sol domains.

On-chain detective ZachXBT posted that U.S. threat actor Tiffany Milanovich participated in the theft of approximately $5 million in crypto assets by impersonating hardware wallet and centralized exchange customer service.Her methods included disguising as Bitcoin IRA email support, during one attack transferring about $1.2 million in BTC and ETH from the victim's Trezor wallet, and in another case stealing about $500,000 in BTC from a Coinbase account. Tiffany induced victims to hand over access to their funds under the guise of "customer service calls," later boasting about the stolen money on social media and Telegram groups, mocking victims with recordings, and collaborating with other threat actors to launder money using phishing panels and instant exchange services, with some of the stolen funds still dormant on-chain.The threat actor codenamed "Tiffany" is suspected of participating in multiple crypto asset thefts, gambling the stolen funds at crypto casinos. The platform Shuffle has frozen related accounts based on evidence submitted by ZachXBT; Tiffany previously shared a search and seizure warrant from Connecticut, dated before some of the incidents involved.ZachXBT has obtained chat logs, recordings, and on-chain evidence, anticipating that this individual may face further legal consequences. This threat actor is also linked to the John Daghita (Lick) case, who is suspected of stealing over $46 million in crypto assets from a U.S. government-seized wallet.

According to the official announcement, Robinhood has launched cryptocurrency trading services for UK investors, offering trading of over 50 crypto assets including Bitcoin, Ethereum, XRP, and Hyperliquid through Bitstamp UK, with zero trading fees and no account management or custody fees. This service will be integrated into Robinhood's existing app, alongside products such as stock ISAs, options, and futures.Robinhood also launched the AI analysis tool Cortex Digests, which uses generative AI to analyze news, market data, and technical indicators, providing investors with concise interpretations of cryptocurrency price fluctuations. Since the global launch of Robinhood Chain on July 1, DEX trading volume has exceeded $18 billion, and total locked value has surpassed $840 million. UK developers can build applications on this Layer 2 chain. Cryptocurrency trading is provided through Bitstamp UK and is not protected by FSCS or FOS, with trading involving the risk of principal loss.

According to SBS, the Financial Supervisory Service (FSS) of South Korea has begun a comprehensive reform of its system to address compensation issues related to financial fraud, including voice phishing involving virtual assets. The FSS launched the "Financial Fraud Loss Compensation System Improvement Project" on August 6. This project aims to reform the existing compensation calculation system centered on the Korean won, in preparation for including virtual asset losses in the compensation scope starting in October this year.The current system primarily calculates compensation amounts based on losses valued in Korean won, but after the reform, a compensation ratio will be adopted, taking into account the type and quantity of virtual assets involved. Additionally, during payment suspensions, the Korean won exchange value of virtual assets will also be included in the calculations.

The Financial Services Agency of Japan announced personnel appointments. As part of an organizational restructuring, the agency has established a new "Department of Crypto Assets and Stablecoins," specifically responsible for regulating crypto assets and stablecoins. Toshiaki Adomi has been appointed as the first section chief.Toshiaki Adomi graduated from Osaka University Faculty of Law in 2002 and then joined the Financial Services Agency. He later obtained a Master of Business Administration from the University of Birmingham in the UK and a Master of Laws from the London School of Economics. He has held positions in bank supervision and policy coordination, and from July 2025, he will serve as a councilor in the Comprehensive Policy Bureau. Until August 1, 2026, he served as the councilor overseeing postal savings and insurance supervision.

Cyprus-based enterprise AI customer service company Omilia announced the completion of a $67 million Series B funding round, led by Expedition Growth Capital. The funds will be used to accelerate business expansion in North America and globally, with plans to open its first U.S. office in the second half of 2026.Omilia was founded in 2002 and focuses on providing self-learning agent CX solutions for enterprise call centers using its proprietary voice AI technology. The platform supports compliance standards such as FedRAMP, PCI-DSS, SOC 2, HIPAA, and GDPR.

According to CoinPost, the Financial Services Agency of Japan has announced a partial revision of the "Comprehensive Supervision Guidelines for Major Banks and Others," which will unify the reporting format for cybersecurity incidents across 17 regulatory areas, including cryptocurrency exchange operators.A new "Common Format for Other Cyber Attacks and Related Incidents" has been added, which, along with the existing formats for DDoS attacks and ransomware, constitutes a three-category reporting distinction system. As a transitional measure, non-specific social infrastructure operators may continue to use the old reporting format until the end of March 2027, with the deadline for public comments set for September 7, 2026.

According to CoinPost, the Financial Services Agency of Japan and the National Police Agency recently jointly sent a letter to the Japan Virtual Currency Exchange Association (JVCEA), requesting exchanges to strengthen anti-fraud measures. This request includes 11 specific requirements, such as the need for withdrawal addresses to be registered in advance, enhanced transaction monitoring, strict verification of identification documents when opening accounts, and setting a withdrawal limit for a certain period after users deposit fiat currency or purchase crypto assets.The background of this action is the increasing prevalence of investment scams and "pig butchering" schemes on social media, where criminals frequently use crypto accounts to transfer illegal funds. The Financial Services Agency also suggested that exchanges flexibly set withdrawal limits based on customers' risk levels and transaction purposes, and that suspicious transactions should immediately result in account restrictions or freezes, while enhancing intelligence cooperation with the police. For system renovations that are difficult to implement in the short term, exchanges are allowed to proceed in phases. In addition, the Financial Services Agency has officially established the "Cryptocurrency and Stablecoin Division," responsible for related regulatory affairs.

Plume posted on the X platform that it has joined the Digital Asset Solutions Industry Working Group of the Depository Trust & Clearing Corporation (DTCC).The working group aims to provide feedback on DTCC's tokenization services and facilitate ongoing in-depth dialogue to promote the widespread adoption and innovation of digital assets.

According to RBC, the Moscow Exchange (MOEX) in Russia is preparing to launch a digital custody platform for cryptocurrency trading (digital custodian). Sources say that the project is currently still in the development stage and is expected to go live as early as the end of 2026 to early 2027.It is reported that this digital custody platform will not be built on the Moscow Exchange itself or the National Settlement Depository (NSD) under it, but will operate as a completely new independent structure. As Russia's regulatory framework for digital currencies is expected to partially take effect from September 1, the market still lacks a clear plan for the custody and registration mechanisms of crypto assets. Various technical models are currently being discussed within the industry.One proposal is to establish multiple liquidity centers for crypto assets, where brokers can access the Moscow Exchange's digital custody platform or conduct related business through their own digital custody systems. Another proposal may involve trading platforms handling trade matching, while the storage and registration of crypto assets are completed by banks or digital custodians under brokers.Previously, several large banks in Russia, including Sberbank, VTB Bank, T-Bank, and Alfa-Bank, have expressed plans to launch digital custody services. With the Moscow Exchange entering this field, competition among traditional financial institutions is expected to intensify and may further enhance crypto asset services.

According to CoinPost, the Financial Services Agency and the National Police Agency of Japan jointly issued a request to the Japan Virtual Currency Exchange Association (JVCEA), asking all cryptocurrency traders to strengthen withdrawal restrictions to prevent fraud victims, proposing a total of 11 new measures.The main content includes: the introduction of a pre-registration system for withdrawal destinations, setting a certain period of withdrawal restrictions after depositing fiat currency or purchasing cryptocurrency, establishing withdrawal limits based on customer risk assessments, and enhancing transaction monitoring and information-sharing mechanisms with police in each prefecture. The background is that the damage from social media investment inducements and "pig butchering" scams continues to expand, with criminal methods becoming increasingly complex.

The Move-to-Earn application Step App officially announced its closure after four years of operation. The official statement indicated that the platform has achieved over 1 million downloads, tracked billions of steps, and facilitated the integration of Web2 and Web3 in the fitness sector.All services will cease before August 21, 2026. The team reminds users to unstake locked tokens and manage their exchange positions before this date.