[Robinhood to Enter Indonesian Market Through Acquisition of Brokerage Business and Crypto Trading Platform] According to Reuters, Robinhood stated in a blog post on Sunday that it will acquire Indonesian brokerage firm Buana Capital Sekuritas and licensed digital asset trader Pedagang Aset Kripto, marking the retail trading platform's official entry into one of Southeast Asia's major cryptocurrency hubs. Indonesia boasts over 19 million capital market investors and 17 million cryptocurrency traders, highlighting its appeal in stock and digital asset trading. Acquiring a brokerage firm helps companies meet regulatory requirements and establish a foothold, facilitating smoother entry into new markets; acquiring a licensed digital asset trader accelerates access to cryptocurrency product channels. Robinhood did not disclose the financial terms of the transaction, which is expected to be completed in the first half of 2026. The company stated that Pieter Tanuri, the major shareholder of the two Indonesian companies, will continue to serve as Robinhood's strategic advisor.

An 'insider whale' has seen their ETH holdings surpass $165 million, turning from profit to loss. The address currently holds 54,277.33 ETH (approximately $165 million) with an average entry price of $3,048.31, resulting in an unrealized loss of $294,000. Additionally, the address has placed a limit order to buy 20,000 ETH at the $3,000 level, valued at $60 million. If executed, the total holdings will reach $225 million.

[Coinbase Resumes User Registration in India and Plans to Launch Fiat Access Channels by 2026] Cryptocurrency exchange Coinbase has reopened app registration in India after suspending operations in the country for over two years. Users can now conduct cryptocurrency-to-cryptocurrency transactions. Coinbase's Asia-Pacific Director, John O’Loghlen, stated at India Blockchain Week (IBW) that the company plans to enable fiat deposit channels by 2026. Coinbase initially launched services in India in 2022 but ceased support for the UPI payment network after the Unified Payments Interface (UPI) operator, the National Payments Corporation of India (NPCI), refused to acknowledge its operations. Later in 2023, Coinbase halted all services for Indian users.

[Pakistan Advances Digital Asset Regulation Plan After Talks with Binance] Pakistan announced it will advance its digital asset regulation plan following talks with a Binance delegation. The meeting was attended by Pakistan's Prime Minister Shehbaz Sharif, Army Chief Syed Asim Munir, and Binance CEO Richard Teng. Bilal Bin Saqib, Chairman of Pakistan's Virtual Asset Regulatory Authority, stated that Pakistan aims to establish a transparent and secure digital asset framework, is developing a sovereign stablecoin, and is exploring central bank digital currencies.

According to Onchain Lens monitoring, Ethena's associated wallet extracted 25 million ENAs worth approximately $7.05 million from Bybit. The wallet currently holds 779.89 million ENAs, with a total value of approximately 207.7 million US dollars. （Onchain Lens）