Korea
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Bank of Korea Renames Digital Currency Unit, Eyes Stablecoin Bills
The Bank of Korea renamed its Digital Currency Research Lab and established a new Virtual Asset Committee to handle stablecoin regulation.Project Han River, a...
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South Korea Parties Clash Over Stablecoin Bills, Interest Ban Divides
South Korea’s main political parties each introduced proposed laws to regulate stablecoins pegged to the Korean won.
The two bills differ mainly on whether to...
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Bank of Korea Proposes Multi-Department Stablecoin Oversight Body
The Bank of Korea is proposing a new multi-department policy group to guide stablecoin regulations.Korea’s government is debating stablecoin oversight between the Financial Services...
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Bank of Korea Wants Banks to Lead Stablecoin Issuance, Eyes Safety
The Bank of Korea aims for commercial banks to issue won-based stablecoins first, before expanding distribution to other sectors.
Regulators express concerns about market disruption,...
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Parataxis Launches Bitcoin Treasury Platform in South Korea
Parataxis Holdings will launch a Bitcoin treasury platform by acquiring Bridge Biotherapeutics in South Korea.
The investment totals $18.5 million for a controlling stake, transforming...
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South Korea Revises Stablecoin Bill, Expands Bank of Korea Role
South Korea’s Democratic Party introduced new digital asset legislation to refine stablecoin oversight.The Financial Services Commission keeps main supervision but must now consider the...
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South Korea President Pushes Stablecoin Bill, Eyes Crypto Growth
Lee Jae-myung, recently elected President of South Korea, is moving forward with a bill focused on stablecoins.
The proposed law would let companies issue stablecoins...
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Korea Proposes New Digital Asset Law, Easing Stablecoin Rules
The Democratic Party of Korea has introduced draft legislation to ease digital asset regulations, including stablecoin issuance and crypto exchange operations.
The new proposal would...
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AI Trade Not Out of Steam, Says Wedbush
Analysts at Wedbush Securities argue the AI investment narrative is at a crossroads, with investor anxiety temporarily overshadowing strong...
Judge Blocks Tennessee from Banning Kalshi Prediction Markets
A U.S. federal judge temporarily blocked Tennessee from enforcing its gambling laws against prediction market operator Kalshi.The court ruled...
Sonic Labs Debuts AI-Powered Web3 App Builder Spawn
Sonic Labs unveiled Spawn, a first-of-its-kind AI platform for building full-stack Web3 applications from natural language prompts.The platform automatically...
