South Korea is signaling a major policy shift in its approach to the crypto industry. The country is proposing a legal amendment that would officially recognize cryptocurrency-related businesses as certified venture companies, unlocking access to tax incentives and government funding previously denied to the sector.
Stablecoin giant Circle (NYSE: CRCL) and leading crypto exchange OKX have announced a strategic partnership to enhance global liquidity and usability of USDC.
The crypto market was shaken recently as SOON, a token tied to a Layer-2 ecosystem integrating the Solana Virtual Machine (SVM) into multiple blockchains, suffered a dramatic 40% drop in a single day. The crash brought renewed attention to past allegations involving the project’s leadership, including claims that its real founders have a controversial history in the industry.
SOON Token Plunges 40% in a Day: Shadow Founders and Controversy Resurface Read More »
Robinhood faces scrutiny after allegedly rug-pulling tokenized SpaceX and OpenAI stocks on Arbitrum. Was it a blockchain test gone wrong—or something more serious?
Binance founder Changpeng Zhao (CZ) recently opened up in a rare interview, sharing his inspiring story of growing up in poverty, becoming a tech prodigy, and ultimately building the world’s largest crypto exchange. He also addressed his recent legal troubles in the U.S. and offered his perspective on Bitcoin’s future and Binance’s path forward.
From No Electricity to Building Binance: The Extraordinary Journey of CZ Read More »
BlackRock’s iShares Bitcoin Trust (IBIT) has turned into an unexpected revenue powerhouse, surpassing the annual fee income of IVV—BlackRock’s flagship S&P 500 ETF and the third-largest ETF in the U.S.—despite having just a fraction of its assets. The milestone highlights a dramatic shift in investor appetite toward adding Bitcoin exposure to traditional portfolios, even at a premium cost.
A new strategy, dubbed the “Pennsylvania Plan,” is making waves on Wall Street. According to Deutsche Bank strategist George Saravelos, this approach could become a cornerstone of former President Trump’s economic playbook, leveraging stablecoins and domestic incentives to reduce America’s reliance on foreign buyers of U.S. debt — and potentially restore the dollar’s dominance on the world stage.
Can Stablecoins Save U.S. Debt? Inside Wall Street’s “Pennsylvania Plan” Read More »
At the main stage of the Token2049 summit in Dubai, OKX CEO Star announced the official launch of OKX Pay, positioning it as the first crypto payment wallet fully integrated with a comprehensive compliance framework. According to Star, OKX Pay will enable users worldwide to instantly and securely send and receive USDT and USDC.
OKX CEO Star Unveils OKX Pay as the Gateway for Billions to Enter Web3 Read More »
Following its IPO ambitions, stablecoin issuer Circle has confirmed it has applied to the U.S. Office of the Comptroller of the Currency (OCC) for a National Trust Bank Charter. The move could pave the way for Circle to establish the First National Digital Currency Bank, offering digital asset custody services under direct federal oversight — a significant step toward integrating stablecoins into the regulated banking ecosystem.
Circle Makes a Play for National Trust Bank License — What’s at Stake? Read More »
Japan is preparing for a major shift in its crypto landscape. At a recent Financial System Council meeting, the country’s Financial Services Agency (FSA) proposed integrating crypto assets more closely into traditional financial systems and revising tax policies to make the sector more appealing to investors. If realized, these changes could reignite Japan’s stagnant crypto trading volumes and attract institutional players from both home and abroad.