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🚨ASIA’S TOP 10 CRYPTO #HEADLINES (AUG 4–10, 2025) 🔹🇺🇸 US SLAPS 21.6% TARIFFS on Southeast Asian Bitcoin mining rigs — sparking possible overseas expansion for US miners. 🔹🇨🇳 CHINA CURBS STABLECOIN TALK — regulators order brokers & think tanks to halt seminars/reports. 🔹🇭🇰 HONG KONG STABLECOIN HYPE COOLS — JD.com & Ant may miss first licenses. 🔹🇰🇷 SOUTH KOREA STUDIES STABLECOIN AML LAWS — legislative research runs until Dec 12. 🔹🇵🇭 PHILIPPINES BLOCKS 10 UNREGISTERED CRYPTO EXCHANGES — including OKX, Bybit, KuCoin. 🔹🇦🇪 DUBAI & UAE UNIFY CRYPTO RULES — aim for mutual license recognition & AML alignment. 🔹🇰🇷 KAKAOBANK EYES STABLECOINS — preparing issuance/custody services. 🔹🇯🇵 METAPLANET BUYS $53.7M IN BTC — now holds 17,595 BTC. 🔹🇯🇵 NAIL ART FIRM CONVANO PLANS 21K BTC HOLDING — target March 2027. 🔹🇯🇵 SBI DENIES CRYPTO ETF FILING — awaiting regulatory clarity before applying $ETH $BTC $SOL
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🚨El Salvador has passed a 🔥new law allowing #licensed investment banks to hold $BTC on their balance sheets and offer crypto services to professional investors. 🔹The law distinguishes investment banks from traditional commercial banks and imposes high entry thresholds, including a minimum of $50 million in registered capital and $250,000 in disposable funds
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🚨#Base recently marked its second anniversary. According to onbase data, over the past year, Base recorded 1.256 million active users (+1,280.6% YoY), 9.869 million total transactions (+2,049.6%), and nearly $4.5 billion in TVL. 🔹Meanwhile, network transaction fees dropped by 97.7% compared to the previous year$ETH
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🚨Abraxas Capital Faces Over $190M #Loss in $BTC $ETH 🔴Shorts 🔥Abraxas Capital is reportedly facing a floating loss exceeding $190 million from short positions in ETH, BTC, SOL, HYPE, and $SUI , with a $144 million loss from an ETH short position alone.
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🚨Ancient8 $A8 to #Unlock Tokens Worth Approximately $3.16 Million
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