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The Depository Trust & Clearing Corporation (DTCC) listed Fidelity Solana (SOL) ETF, Canary Hedera (HBAR) ETF, and Canary XRP (XRP) ETF on its website. However, this is a procedural step prior to formal approval and was taken irrespective of approval
Interview with Peter Abou Hachem, Head of Growth and Strategy at Hub71 Abu Dhabi government-backed startup platform Home to 370 startups… raised 2 billion dollars Launch of Web3·AI-dedicated ecosystem 'Hub71+' "Cooperation with Korea… a hub connectin
Dunamu, the operator of Upbit, the country's top virtual asset exchange by market share, appears to be preparing a new blockchain business called 'GIWA'. According to foreign media on the 9th, Dunamu is preparing to launch an Ethereum (ETH)-based Lay
Industry and regulators gather at a won stablecoin forum Industry stresses stronger global competitiveness and broader usability Authorities put the focus on risk management and regulatory consistency Discussions on introducing a won-denominated stab
Song Ho-geun, Vice President of Kakao Bank, said, "Stablecoin is a technology that will bring innovation to finance," and emphasized that legislation and ecosystem development should be expedited. Song said at the forum "Won-denominated Stablecoin, O
Min Byung-deok, a member of the Democratic Party of Korea, said the issuer of won stablecoins (Wonsco) should not be limited to banks and emphasized the need for participation from innovative companies. On the 8th, at the forum "Won Stablecoin, Openi
Ahn Do-geol, a lawmaker of the Democratic Party of Korea, identified the Korean won stablecoin (Wonsco) as a core driver of Korea's financial innovation and emphasized the need to accelerate discussions on institutionalization. Ahn said at the 'Korea
Global e-commerce company Coupang may support stablecoin payments. This possibility arose as its name appeared on the list of initial partners for 'Tempo', a blockchain-based payment layer launched jointly by payment platform Stripe and blockchain in
The world's largest stablecoin issuer Tether is reportedly discussing ways to invest in the gold mining industry. It appears to be a move to allocate the vast profits earned from virtual assets into the physical asset of gold. The Financial Times (FT
The possibility has been raised that the first spot Dogecoin (DOGE) exchange-traded fund (ETF) will be launched in the United States. On the 4th (local time), Cointelegraph reported that Eric Balchunas, a Bloomberg ETF analyst, said, "REX Shares appe
Solana (SOL) financial reserves are rapidly expanding, centered on institutional investors. On the 4th (local time), according to the tally by Strategic SOL Reserve, 13 institutions currently hold a total of 8,887,000 Solana, which corresponds to 1.5
The Democratic Party of Korea is set to soon launch a task force (TF) that will cover virtual assets (cryptocurrency) policy overall. Stablecoin policy and the enactment of legislation on the virtual asset industry are expected to be major agenda ite
Ethereum (ETH) spot exchange-traded funds (ETFs) failed to switch to net inflows. On the 4th (local time), according to Trader T's data, $166,380,000 flowed out of Ethereum spot ETFs traded in the United States. This marked four consecutive trading d
More than $200 million in net outflows occurred from spot Bitcoin (BTC) exchange-traded funds (ETFs). According to data from TraderT on the 4th (local time), U.S.-traded spot Bitcoin ETFs saw total net outflows of $222.94 million that day. By individ
The U.S. Securities and Exchange Commission (SEC) has formalized a policy of easing regulations on virtual assets (cryptocurrencies). Unlike the past, when conservative regulation drew heavy criticism, the new agenda largely includes safe-harbor prov
The UK Treasury has unveiled a draft revision of anti-money laundering (AML) regulations to further tighten supervision of virtual asset (cryptocurrency) operators. The move is intended to plug institutional gaps and respond to evolving risks as fina
The Financial Services Commission has issued guidelines on lending services for virtual asset (cryptocurrency) operators. This was to put in place institutional safeguards as concerns grew over investor harm from overheated competition. On the 5th, t
Bithumb announced on the 5th that it will hold the '9th Bithumb Trading King' event. The event's target assets are 25 virtual assets (cryptocurrencies) including Volta (A), Algorand (ALGO), and Kaito (KAITO). The starting prize per asset is 3,000,000
According to on-chain data analytics platform CryptoQuant, on the 4th (local time) the balance of stablecoins deposited on centralized exchanges (CEX) surpassed 68 billion dollars, recording a record high. In particular, Binance showed a dominant sha
According to ACJ, an analyst at crypto research firm Messari, tokenized Pokémon card transaction volume in August reached 124.5 million dollars. This is 5.5 times higher than in January of this year. Of these, the largest platform Courtyard recorded
Wyoming's stablecoin 'Frontier Stable Token (FRNT)' is expected to be issued on the Hedera (HBAR) blockchain this month. On the 4th (local time), Hedera announced that "the Wyoming Stablecoin Committee, after reviewing multiple blockchains, selected
Lee Eok-yeon, the nominee for Financial Services Commission chair, said that in addition to institutionalizing won-denominated stablecoins, a regulatory framework for dollar-based stablecoins such as USDT and USDC should also be established. At a Nat
Solana Transaction Speed Increased 100-Fold Draws Attention as Stablecoin Infrastructure Institutional Buying · ETF Approval Expectations "Could surpass its previous high and reach $300" The consensus upgrade 'Alpenglow', regarded as the largest even
The cryptocurrency market has remained sluggish in the summer, but Ethereum (ETH) has continued to rise as it attracts attention from institutional investors. According to CoinGecko data, Ethereum has risen more than 17% over the past 30 days. Over t
Changpeng Zhao (CZ), the founder of Binance, predicted, "Bitcoin will eventually become the global reserve currency." On the 28th (local time), attending Bitcoin Asia, CZ said, "I have witnessed the evolution of Bitcoin firsthand," and added, "It is
Matt Hogan, Bitwise Chief Investment Officer (CIO), said on the 28th (local time), "Institutional investors are skipping Bitcoin (BTC) altogether and going all-in on Ethereum (ETH)." CIO Hogan appeared on the podcast 'The Wolf of All Streets' and exp
U.S. Bitcoin (BTC) spot ETFs recorded net inflows for four consecutive trading days. On the 28th (local time), according to data from Farside Investors, Bitcoin spot ETFs traded in the United States recorded net inflows of $178.9 million (approximate
The People Power Party said on the 29th that it will prioritize 100 legislative tasks at the regular session of the National Assembly, including a bill to establish legal grounds for the issuance and circulation of won-denominated stablecoins. The Pa
Currently, the number of spot ETFs for virtual assets (cryptocurrencies) that are undergoing approval review or awaiting review in the United States has been found to exceed 90. On the 28th (local time), according to material released by James Seyffa