Binance's $6.3bn hack and a rough day for bitcoin ETFs
In short
- Binance is paying customers back after a $6.3bn hack
- Bitcoin ETFs had their worst day since June
- Hong Kong now settles tokenised deals around the clock
- UK stablecoins get cash-like tax treatment from 2027
- HTX quits the UK after an FCA court case
- $6.3bn
Binance reopens withdrawals after a $6.3bn hack
Custody
CoinDesk - $643.3m
Bitcoin ETFs lose $643m in a day, wiping out most of 2026's inflows
ETFs & funds
CoinDesk - 24/7
Hong Kong moves tokenised settlement to 24/7, lines up stablecoin trials
Infrastructure
crypto.news - April 2027
The UK will tax stablecoins like cash from April 2027
Stablecoins
HM Revenue & Customs, Kelman.Law - 2031
HTX leaves the UK after settling the FCA's case over its ads
Regulation
Blockonomi, Kelman.Law