Coinbase Tops Venture Funding as Thailand Cracks Down on USDT

Crypto news today was marked by Coinbase's leadership in venture funding and Thailand's efforts to regulate high-value USDT flows. According to CryptoRank, Coinbase Ventures completed 30 investments during the first half of 2026, followed closely by Animoca Brands with 19 deals and Andreessen Horowitz with 18.

The Bank of Thailand is planning to introduce stricter controls on large deposits in the fourth quarter, aiming to curb illicit financial flows. The regulator will target high-volume USDT transactions and other suspicious movements, including cash transfers, foreign-exchange transactions, and beneficial ownership.

Pakistan's Virtual Assets Regulatory Authority (VARA) has been engaged in discussions with scholars regarding digital assets under Islamic law. VARA Chairman Bilal bin Saqib met Mufti Taqi Usmani to discuss blockchain systems, stablecoins, tokenized assets, fraud prevention, and public protection.