Binance has appointed SB Seker as the new regional chief of the Asia-Pacific region. He brings 20 years of experience in legal, compliance and monetary policy roles, including his past work as an Australian litigant and as a lawyer for the Singapore Monetary Authority. His background fits well with the Binance of the environment.

The appointment is made during a critical review

Binance Australia is currently undergoing independent audits requested by the country’s financial intelligence agencies. The audit focuses on money laundering and counter-terrorism funding policies. The Saker’s Arrival Come inside This review period and his expertise I’ll add it Weight into future Binance approaches.

We look forward to welcoming SB Seker as the new head of APAC!

With over 20 years of experience in the sector, Seker’s expertise is useful #binance It will strengthen its partnerships, navigate and prioritize sustainable growth, navigate the evolving regulatory environment… pic.twitter.com/j8ydvrgi9t

– Binance (@binance) September 1, 2025

Seker’s experience is consistent with the previous task

Before joining Binance, Seker played a senior role at Crypto.com, where he helped lead products and regulatory development. His work I touched it Several areas of financial compliance and technology policy; give He has a strong understanding of how global crypto companies operate under pressure. He works both internal With the government Inside Fast companies. That blending of experiences could help his new role.

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Industry leaders are paying attention

James Volpe, director of UCubed, said Seker has built a reputation know method Working inside A complex regulatory framework. His appointment gives regulators and business partners a clearer signal that Binance is taking oversight seriously. It also sends a message to local users that leadership changes are happening with long-term growth in mind.

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The role of a community with broad responsibility

Seker currently oversees Binance’s operations Asia Pacific. This includes direct involvement with regulators, policy teams and market partners. He will help shape how Binance deploys its products across regions where the pace of policy development changes across countries. That’s a big role in big moments.

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Addresses structural and staffing gaps

The audit process in Australia identified areas where Binance could improve. Especially around Staff stability and governance practices. Binance is already there It’s been built Large global compliance team, and Over 1,200 employees I work in this field. Seker’s leadership brings Sharpter We will focus on how these resources are used in the Asia-Pacific region.

A step towards greater adjustments

This is not just one office or one country. The company is clearly making moves to ensure local branches work closely with regulators rather than simply responding to investigations and enforcement actions. Such employment gives the company people who understand how to have those conversations without any friction.

Where does things go from here?

SB Seker is currently in the process of becoming more important. His work will help shape the way Binance meets local expectations, balances innovation and regulations and maintains momentum in key markets. Asia Pacific. That’s its role You will need it Patience, accuracy and a clear understanding of both Crypto Space and traditional finance.

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British Cabinet Office Minister Pat McFadden has questioned the political donations made in Crypto. According to a Guardian report issued on July 18, 2025, McFadden, an intimate ally of British Prime Minister Kiel Starmer, said, “While democracy funding is often a controversial area, I think it’s very important to know who is providing donations.

British Cabinet Office Minister Pat McFadden has called for election officials to consider banning political donations made in digital currency. #crypto #UKhttps://t.co/qhoremm5hg

– cryptonews.com (@cryptones) July 18, 2025

Important discussions about crypto regulations have been cleaned up in both the UK and the US. In the US, President Donald Trump has announced that he will accept code donations. In fact, Thumzup Media Corporation, a Donald Trump JR-backed advertising technology startup, has secured board approval to hold up to $250 million in crypto. Meanwhile, the UK government is taking steps to “protect democracy.”

“Protection of democracy is one of the government’s most important duties. The increased risk that crypto donations, and crypto will be used to lead to British politics, is a clear and current danger to democratic integrity,” said Tom Brake, director of the Unlocked Democracy Campaign Group.

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Crypto companies collect user data from 2026, with large fines for false reports

The UK is implementing serial crypto reforms through HM Revenue and Customs (HMRC). The UK government has introduced another drastic regulatory move driven by the adoption of the Economic Co-operation and Development Organization (OECD) Crypto Asset Reporting Framework (CARF). Starting January 1, 2026, all cryptographic companies must collect and disclose detailed user and transactional data.

“If you are offering CryptoAsset services in the UK starting January 1, 2026, you will have a new responsibility to collect and report data. HMRC” said the May 14, 2025 announcement.

All CryptoAsset service providers (both domestic and foreign platforms that serve UK clients) are required to collect and report extensive information about all users and all transactions. This includes address, country of residence, national insurance number, unique taxpayer references, and more.

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It is set to prohibit Crypto purchases with credit cards and loans

If you are using a credit card to purchase Crypto in the UK, it may be numbered on that day. The Financial Conduct Authority (FCA) has officially proposed rules to prevent retail investors from using borrowed funds to purchase cryptocurrency. This includes credit cards, personal loans, and even loans from crypto-specific lenders. However, some crypto users are worried that the UK ban will block innovation and limit access to the market.

The move is part of a broader effort to protect consumers from acquiring debts that chase unstable digital assets. And as more people are jumping into the code with money they don’t actually have, the UK’s top financial watchdogs are ringing their alarms.

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DoubleLine Capital CEO Jeffrey Gundlach says that the trend of American exceptionalism has come to an abrupt end.

In a new CNBC interview, the billionaire “Bond King” says that foreign investors have been happily investing in US assets over the last two decades, leading to massive capital inflows to the tune of tens of trillions of dollars.

But now, Gundlach says he’s seeing signs that foreign investors are yanking capital out of US markets in favor of the euro and European equities. According to the hedge fund chief executive, the reversal in flows tells him that investors are now crowning a new market leader.

“Foreigners have been very willing – downright enthusiastic, almost euphoric – about buying dollar assets over the past 18 years or so. Over $25 trillion has been invested in US financial markets, more than the US has invested in foreign markets. 

That’s a massive increase. It went from $3 trillion to $28 trillion by one measure. That may be reversing, and this is part of the underpinning for why I think that the trend of US outperformance is over. And I mean over for real…

I’ve been recommending Europe in European currency for dollar-based investors. The [European] index has outperformed the US index by a decent amount, but if you had the currency side of it, if you own it in euros and you get the currency translation, you are just printing money right now. 

And that trade, I believe, is just getting started.”

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We look forward to announcing the launch of a regulated crypto derivative in Europe and providing clients and partners with access to a range of liquid futures equipment within an all-recognized regulatory framework.

Eligible clients and partners in the European Economic Area (EEA) are now able to trade a wide range of crypto derivatives, including both permanent and fixed maturity agreements. These products comply with the Financial Instruments Directive (Mifid II) market and offer them through MIFID-regulated investment companies that we acquired earlier this year.

One of Europe’s most fluid onshore regulatory brokers and crypto derivative exchanges, Kraken Derivatives offers facility-grade infrastructure, strong local FIAT support and flexible collateral options. This allows traders to optimize capital allocation and manage risk more effectively. The launch of MiFID controlled futures is an important step to strengthening our market position by providing these benefits under a reliable regulatory regime.

“Europe is one of the fastest growing regions for digital asset trading and investment, some of the most sophisticated and demanding clients and institutions,” says Shannon Kurtas, head of Kraken. “The launch of regulated derivatives in Europe is very timed to meet this growing demand, highlighting our commitment to providing reliable and compliant access to the best markets and trading opportunities.”

Since acquiring its first regulated crypto derivatives venue in 2019, it has built one of the deepest global liquidity pools for crypto-trading derivatives. The deployment of the mid-fid control derivative marks another major milestone. This strengthens our leadership as a comprehensive and compliant platform for crypto trading in Europe.

Kurtas added: “With a regulated framework, clients and partners are increasingly looking for comprehensive products. This launch allows futures to be traded seamlessly as part of a complete product from one of Europe’s most established platforms.

Our new derivative offerings are available through Payward Europe Digital Solutions (CY), a Cyprus-based entity regulated under MiFID II.

A widely followed analyst is saying Ethereum (ETH) could depreciate massively against Bitcoin (BTC) if the second-largest crypto asset by market cap loses a key support level.

The analyst, pseudonymously known as Sherpa, tells his 245,400 followers on the social media platform X that Ethereum is at a “do-or-die” level when paired against Bitcoin.

According to Sherpa, Ethereum could plunge by around 58% from the current price if the major support level at around 0.01745 BTC is lost.

“If you lose this area, then you go back to early 2017 levels for Ethereum…”

Ethereum is trading at 0.01898 BTC at time of writing, down by around 88% from the all-time high reached in June of 2017.

Next up is Bitcoin. The pseudonymous analyst says that over the short term, Bitcoin could enjoy a rally before undergoing a correction of up to 20% from the target price.

A correction will then be followed by another rally to a higher target price later. According to Sherpa, the up and down movements in Bitcoin’s price will be correlated to those of altcoins all through.

“Continued Rally until $100,000 BTC; altcoins continue to do well until then, followed by equities pulling back (currently in a lower high rally) = BTC pullback to $80,000, altcoins also pullback.

Chop period and then much higher in third quarter/fourth quarter.”

Bitcoin is trading at $94,460 at time of writing, up by around 13% over the past two weeks.

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Dogecoin is Trade with a bearish momentum Over the past few weeks, the price has fallen below the critical resistance level at around $0.3 and is currently struggling to around $0.2. In this downtrend, Relatice Strength Endex (RSI) indicators are looking at the trend downwards very large, with RSI in one day slipping into extraordinary territory.

However, an interesting technical outlook suggests the price of dog coins It might turn around Soon, quickly reach an ambitious $0.90 price target.

Dogecoin trades near the channel bottom because RSI shows weakness

Recent analysis from TradingView analysts Possible purchase opportunities Just as one day of RSI slips into territory where it is being sold over. Notably, despite this continuous decline, this possible purchase opportunity is based on the current setup of RSI and chart patterns, which is reminiscent of the bottom of Dogecoin’s past prices.

Related readings

Technical analysis That dogcoin has been moving within the channel up pattern for the past year. This pattern is characterized by repeated bounces between resistance and support levels. In particular, the current price action shows Dogecoin near the lower boundary of this channel.

However, the current deal at the lower boundary is more interesting as it slips into oversold territory due to its one-day confluence with RSI. This phenomenon reflects the situation in August 2024, just before the start of the astounding rally between August 2024 and September and December 2024. Furthermore, the bear wave is below the MA200 of the day, transcending RSI of the day. Just like Bottom on August 5th, 2024.

One-day MA200 and Fibonacci expansions point to a $0.90 target

Based on historical trends, current pricing suggests that gatherings may be on the horizon over the coming weeks. When this asset last exhibited the same market conditions (trading near the lower boundary of overselling RSI and channel up patterns) it ended up with an astonishing 480% surge. reaching multi-year peaks $0.475.

Related readings

In particular, this price peak was almost exactly in line with the 1.618 Fibonacci expansion level when forecast from the bottom of August 2024. If a similar scenario unfolds, history could repeat itself in another parabolic gathering in the coming months. In this case, the analyst set $0.90 as a potential target, and was derived again from the 1.618 Fibonacci expansion, this time projected from a low in March, around $0.18.

Not only does it list the price of Dogecoin Price Chart, but the sentiment surrounding the market is a key factor. Despite the technological target of $0.90 based on the 1.618 Fibonacci expansion, achieving this level seems increasingly difficult, especially in current market conditions, with bear pressure. Mounted on Bitcoin.

Dogecoin support from $0.19 to $0.2 Under pressure, And if you don’t keep this level, you could cause a deeper retracement to either $0.16 or $0.14. At the time of writing, Dogecoin has fallen 1.47% over the past 24 hours, trading at $0.1972.

Unsplash featured images, charts on tradingView.com

Kitely, a leading OpenSim grid, has announced a significant upgrade to its virtual world hosting service, doubling the performance of all Kitely regions without increasing prices. The company has achieved this by adopting the latest Amazon server technology, the M7i generation, while maintaining its existing pricing structure.

“This upgrade enables your worlds to handle more scripts and avatar activity without experiencing server lag,” said Kitely CEO Ilan Tochner.

According to our most recent stats report, Kitely is currently the third-largest OpenSim grid by land area and one of the 20 most popular by traffic numbers.

The grid’s prices start at $15 a month for a 15,000-prim region with up to ten simultaneous visitors, and go up to $150 per month for a 64-region land area with up to 180,000 prims and up to 80 simultaneous visitors. But for people just starting out, Hypergrid Business recommends their $ 20-a-month plan, which has four contiguous regions, 60,000 prims, and a capacity of 40 visitors.

Kitely has always been committed to using powerful servers, hosting a limited number of regions on each server, and employing a modified version of OpenSim with proprietary high-performance assets and inventory systems, the company said in its announcement yesterday. The company’s servers are hosted in an Amazon Web Services data center in California, which offers high-speed connectivity to the Internet.

“This latest upgrade reinforces our commitment to providing a premium experience to our OpenSim customers,” Tochner said.

Kitely, which opened its doors to the public in March 2011, is one of the longest-running OpenSim grids. It is unique in that it offers on-demand regions — the regions are only active when people are visiting them, and go to sleep when they are empty, allowing the company to keep costs low while offering high performance on regions when they’re active.

“We have a great reputation for customer support, reliability, and high-performance virtual world hosting,” said Tochner. “Kitely is also the home of Kitely Market, the premier marketplace for buying and selling virtual items across the hypergrid.”

Hypergrid Business editor and publisher Maria Korolov is a science fiction novelist. During the day, Maria Korolov is an award-winning freelance technology journalist who covers artificial intelligence, cybersecurity and enterprise virtual reality. See her Amazon author page here and follow her on Twitter, Facebook, or LinkedIn, and check out her latest videos on the Maria Korolov YouTube channel. Email her at maria@hypergridbusiness.com. Her first virtual world novella, Krim Times, made the Amazon best-seller list in its category. Her second novella, The Lost King of Krim, is out now. She is also the publisher of MetaStellar, a new online magazine of speculative fiction.

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