Weekly Crypto Summary: Global Control and Institutional Adoption Accelerate

Source: CritpoTendencia Original Title: Weekly Crypto Summary: Global Control and Institutional Adoption Accelerate Original Link: Once again, the crypto world consolidates itself as one of the most dynamic spheres in finance, and our mission is to keep you fully up to date with the latest information.

This week, the focus has been on two pillars: the growing capability of global authorities to combat fraud and the expansion of traditional financial institutions into the sector.

• Indonesia captures hacker accused of stealing crypto assets from Markets.com.
• PayPay Money arrives on a Japanese trading platform.
• Arrests in the United Kingdom for digital asset fraud.
• United States considers extending cryptocurrency oversight to overseas operations.
• ING opens the door to crypto investment.

Indonesia captures hacker accused of stealing crypto assets from Markets.com

Indonesian police arrested a hacker accused of exploiting a security flaw to divert millions of rupiah in crypto assets from a London-based trading firm. Investigators state the attack targeted Finalto International Limited, owner of Markets.com, resulting in approximate losses of $398,000.

The Cybercrime Directorate of the National Police detected the operation after Finalto reported suspicious manipulation in crypto asset purchase transactions made by certain users.

According to the police, the suspect—identified as HS—created four fake accounts under the names Hendra, Eko Saldi, Arif Prayoga, and Tosin. He allegedly obtained real identity data by extracting information from the Indonesian national document (e-KTP) from public sites.

PayPay Money arrives on a Japanese trading platform

A Japanese trading platform and PayPay announced the integration of PayPay Money within the spot trading service for crypto assets.

This integration allows users to purchase crypto assets with funds from PayPay Money, and also to top up their PayPay balance with profits obtained from selling crypto assets as PayPay Money. It is the first significant expansion beyond bank transfers in yen since PayPay acquired a majority stake in the platform.

Users can also use PayPay Points to fund crypto asset purchases. By activating the “Use for payments” option in the PayPay App, it is possible to combine PayPay Money and PayPay Points in a single transaction.

Arrests in the United Kingdom for digital asset fraud

The United Kingdom’s Serious Fraud Office (SFO) arrested two men in London and Bradford, marking the agency’s first large-scale criminal action in a crypto asset fraud case. The suspects face charges related to Basis Markets, a company that raised $28 millions through two NFT-based sales at the end of 2021, before collapsing the following year.

SFO Director Nick Ephgrave stated that the agency has developed specialized capabilities against crypto asset fraud. Given the rise of these scams, such capabilities are considered essential to protect investors.

Attorney General Ellie Reeves added that this type of fraud poses a serious threat to the UK economy. She reaffirmed the government’s support for enforcement actions, warning that crypto asset fraud erodes confidence in the financial system.

United States considers extending cryptocurrency oversight to overseas operations

The White House has begun the formal review of a Treasury Department proposal that could profoundly transform the financial privacy of US crypto asset investors.

According to Bloomberg Tax, the regulation aims to grant the Internal Revenue Service (IRS) access to information about digital accounts and wallets held by US taxpayers outside the country.

The proposal is being evaluated by the Office of Information and Regulatory Affairs (OIRA). If approved, it would close a significant tax loophole related to cryptocurrencies held abroad.

ING opens the door to crypto investment

Dutch bank ING announced the addition of two ETNs linked to BTC and ETH. These exchange-traded products will be available through its Naranja broker, expanding clients’ access to regulated digital assets.

With the addition of both ETNs, ING maintains its commitment to meeting client needs by providing access to the two main digital currencies, which currently represent 58.7% and 12.4% of the crypto market, respectively.

ING indicated it will continue to expand its exchange-traded product offerings throughout 2026, after registering record results over the past year with its Naranja broker.