South Korea readies stablecoin framework; bill set for October
The FSC will introduce a bill that’s expected to provide guidelines on issuance, collateral management and internal control systems for stablecoins.
The FSC will introduce a bill that’s expected to provide guidelines on issuance, collateral management and internal control systems for stablecoins.
Low demand-side volume and weakening price technicals could spell trouble for the XRP price, as bulls must reclaim $3 support or face a deeper correction.
Strategy bought $51.4 million in Bitcoin last week as BTC surged to all-time highs above $124,000 last Wednesday, only to dip to $115,000 on Sunday.
Bitcoin no longer has promising odds of a breakout in coming days as opinions differ on what caused the BTC price dip and what will happen next.
A Hong Kong SFC official warned that the new local stablecoin framework has fueled fraud risks, and urged investors to remain cautious amid hype-driven speculation.
Ether continued dominating ETP inflows last week despite Bitcoin printing new highs above $124,000 and ETH only nearing all-time highs.
The NFT market cap dropped 12% to $8.1 billion as Ether fell, with CryptoPunks and Bored Apes sliding while Pudgy Penguins climbed into second place.
The South Korean government passed laws in 2021 allowing regulators to seize crypto from accused tax delinquents.
Despite market volatility and evolving investment tools, hodling remains the go-to strategy for Bitcoin believers in 2025.
Faraday Future has said it plans to initially buy $30 million worth of crypto, with plans for "tens of billions” more, and is exploring the idea of launching a crypto…