The Russian State Duma has passed a bill that imposes a maximum sentence of five years in prison for illegal cryptocurrency exchange

Robinhood Crypto announced that Robinhood Wallet has integrated Robinhood Chain, allowing users to bridge, redeem, and explore across multiple chains such as Solana, Ethereum, and Arbitrarum within the app.

[Crypto ATM Scams in Texas Result in $56.8 Million Losses, Calls for Regulation Intensify] According to Cryptopolitan, approximately 1,200 people in Texas lost $56.8 million to crypto ATM scams last year, the highest in the United States. Local crypto ATMs lack state-level regulation, allowing scammers to impersonate law enforcement officers, courts, or utility companies to trick victims into depositing cash and converting it into cryptocurrency. Prosecutors and local law enforcement are urging the state legislature to strengthen regulations, with some areas requiring operators to post risk warnings and even calling for a complete ban on such devices.

According to Etoday, South Korean regulators have approved Future Asset Consulting's acquisition of 92.06% equity in Korbit for approximately $98 million, marking the first time a traditional Korean financial group has acquired a virtual asset exchange. The Korea Fair Trade Commission has announced the market share of cryptocurrency exchanges in South Korea for 2025, with Upbit accounting for approximately 69%, Bithumb for approximately 28%, Coinone for approximately 2%, Korbit for approximately 0.5%, and Gopax for approximately 0.1%.

The onshore RMB/USD exchange rate has risen above 6.8, with a intraday increase of 0.0999%.

[MicroStrategy Stock Drops 6.9%, KOL Opinions Turn Bearish] According to BlockFlow monitoring, MicroStrategy's stock fell 6.9% in a single day to $93.87, with KOL opinions shifting from bullish to collectively bearish within 48 hours. CryptoKaleo criticized MicroStrategy's ongoing equity dilution, stating that holders need an annualized Bitcoin return exceeding 3.3% to profit, with an entry price of $97.36. ChapoGrimey warned that MicroStrategy could trigger a market collapse similar to FTX, with an entry price of $93.69. WazzCrypto criticized MicroStrategy for changing its monetization strategy rules after its first Bitcoin sale.