Coinbase\'s XRP balance jumped 4,870.7 percent on the rich list, but it did not receive 5.5 billion new tokens, the article said. The change resulted from a reclassification after XRP ledger explorer XRPScan updated its wallet identification system and labeled 146 previously unidentified Coinbase wallets. Coinbase is now ranked third with 5.68 billion XRP across 152 accounts. Ripple remains first, while Upbit is second and Binance fourth.

South Korea\'s financial authorities expanded the scope of eased network separation rules for AI use to secondary financial institutions and electronic financial business operators. The number of firms to be selected rises to as many as 15, and eligibility thresholds are lowered. Selected institutions can use external AI and security SaaS after putting alternative controls in place. Industry expectations are mixed, with some firms cautious. Global fintech investment rose to $103.1 billion in the first half, with focus expected to shift to AI and financial infrastructure.