According to Foresight News, US Securities and Exchange Commission (SEC) Chairman Gary Gensler has stated that most tokens are considered securities under securities law. This statement highlights the regulatory scrutiny that the cryptocurrency industry may face in the future.

70% of the deposits of South Korean digital bank KBank are related to cryptocurrencies, of which Upbit uses KBank to verify customer identities and serve as an entry point. The regulator recommended a 5% cap on banks’ exposure to cryptocurrency companies, especially for digital banks. Li Fook-hyun, director of the Financial Regulatory Services Agency, said, "He will learn more about the situation and report to the Financial Services Commission. Due to the close dependence between the two, both banks and CEX are vulnerable to each other's problems. If KBank encounters problems, it may Impact on KBank customers."

Odaily Planet Daily reported that South Korea's KB Kookmin Bank has joined the Korean banking industry STO alliance, which includes Suhyup Bank, Jeonbuk Bank, Shinhan Bank, Woori Bank and IBK Industrial Bank. With the recent addition of KB Kookmin Bank, the alliance has included Five major Korean banks. The banking STO alliance plans to continue discussing the STO plan in the second half of this year and is expected to discuss the establishment of an STO issuance platform. (Hankyung)

Odaily Planet Daily News Three large securities companies, Shinhan Investment Securities, KB Securities and NH Investment Securities, have formed the "Token Securities (ST) Security Token Alliance" and began to jointly build infrastructure. A securities industry official said: "Since the token securities market has not yet opened, dominant infrastructure is more important than anything else. If a joint network composed of large companies with significant dominance in the securities industry is established, it is very likely to become a market standard."

Coinbase has announced that it will add support for Virtua’s token TVK and Dimo’s token DIMO on the Ethereum network (ERC-20 tokens). If the liquidity conditions are met, trading will begin on or after 24:00 Beijing time on April 18, 2023. TVK-USD and DIMO-USD trading pairs will be rolled out in phases once the asset’s supply is sufficient.

Coinbase announced on Twitter that it will list the Voxies token VOXEL on Polygon. According to Coinbase, if the liquidity conditions are met, trading will begin on or after 1:00 on February 10, 2023, Beijing time.

Coinbase will list Aavegotchi token GHST and Litentry token LIT (ERC-20 token) on the Ethereum network. If the liquidity conditions are met, the transaction will start at or after 1:00 on December 7, Beijing time. GHST/USD and LIT/USD trading pairs will be rolled out in phases once supply is sufficient.

Coinbase announced that Aavegotchi token GHST, an NFT game in the Aave ecosystem, and Litentry token LIT, a Polkadot ecosystem identity aggregation protocol, will be included in the listing roadmap. Coinbase previously decided that in order to improve asset transparency, it will announce the assets that have been decided to go online in advance and move them to the roadmap.

Coinbase will add support for Injective (INJ), Pundi X (PUNDIX) and XMON (XMON) on the Ethereum network (ERC-20 tokens). If the liquidity conditions are met, INJ-USD and PUNDIX-USDT, XMON- USD trading will be launched in stages at 09:00 on September 20, PT time (00:00 on September 21, Beijing time).