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French authorities can hold Pavel Durov until Aug. 28

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Prosecutors announced that the arrest was part of an investigation into an unnamed individual over cryptology services and complicity with illicit activities.

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Coin Market

Kakao taps Circle to explore won stablecoin payment infrastructure

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Kakao Group and Circle signed an MOU to explore won stablecoin payments, remittances, merchant settlement and tokenized financial services.

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Coin Market

Bitcoin ETFs approach $1B in 7-session inflow run

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US spot Bitcoin ETFs recorded $69 million in inflows on Wednesday, extending their inflow streak to seven sessions and bringing total inflows during the period to nearly $1 billion

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Swiss bank BancaStato launches regulated crypto trading with Sygnum

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Swiss cantonal bank BancaStato integrated Sygnum’s crypto trading and custody services into its Avaloq-powered digital banking apps for Bitcoin and other assets.

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