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An analysis has found that the amount of money flowing into the virtual asset (cryptocurrency) market in the first quarter of this year plunged to about one-third of the level seen in the same period last year. According to The Block on the 3rd (loca
Outflows from the US spot Ethereum ETF market widened more than tenfold from the previous day. According to data from SosoValue on the 2nd (local time), US spot Ethereum ETFs posted total net outflows of $71.17 million on the day. This compares with
Circle, the issuer of the stablecoin ‘USDC,’ announced the launch of its own wrapped bitcoin, ‘cirBTC,’ as it moves to expand in the institutional digital asset (cryptocurrency) market. On the 2nd (local time), Circle unveiled ‘cirBTC,’ a new asset b
The U.S. spot Bitcoin ETF market rebounded, posting modest net inflows. According to Sosovalue on the 2nd (local time), the 12 spot Bitcoin ETFs in the U.S. recorded total net inflows of $8.99 million on the day. It marked a return to net inflows aft
U.S. President Donald Trump stepped up military pressure on Iran, warning of additional destruction of key national infrastructure. On the 3rd, via his social media platform Truth Social, President Trump warned, "Our military, the strongest in the wo
Gyeonggi Province has begun a full-scale push to introduce a stablecoin. The plan is to curb the volatility of crypto assets and build a province-specific digital finance infrastructure through a stablecoin that can be used for everyday payments and
Kakao Pay will participate as a founding member in establishing the foundation for the artificial intelligence (AI) agent payment standard, the 'x402' protocol. On the 2nd (local time), Kakao Pay said it has joined the 'x402 Foundation,' launched und
U.S. President Donald Trump abruptly dismissed Attorney General Pam Bondi and nominated Deputy Attorney General Todd Blanche—who previously served as Trump’s defense counsel in his criminal cases—as the new attorney general. According to CoinDesk on
Dunamu, the operator of digital-asset exchange Upbit, said on the 3rd that it held a graduation ceremony on the 2nd to wrap up activities of the 4th cohort of its Upbit university team supporters program, ‘UpTo.’ The fourth cohort comprised a total o
‘EastPoint:Seoul 2026 (EastPoint:Seoul 2026)’, jointly hosted by global Web3 venture capital firm Hashed, Bloomingbit and The Korea Economic Daily, will be held in Seoul on Sept. 28. Marking its second year, EastPoint is positioned as a platform wher
The release of the Clarity Act, a U.S.-backed bill to establish a market structure framework for the digital asset (crypto) market, is being delayed as last-minute negotiations among the crypto industry, the financial sector and congressional staff d
Decentralized data infrastructure company KGeN on the 2nd unveiled an AI training data collection architecture that leverages a user network of more than 53 million. KGeN is securing data generated in real-world settings through a user base distribut
World (World, WLD) said on the 1st that it will hold its global developer program 'World Build 3.0 (World Build 3.0)' in South Korea for the first time. 'World Build 3.0' is a global program in which developers worldwide build mini apps that can be u
Bdan (Bdan), the Busan Digital Asset Exchange, said on the 1st that it posted operating profit of about 2.82 billion won last year, successfully returning to the black just three months after being acquired. Bdan’s platform is a precious-metals tradi
<Next week’s key economic calendar> ▶︎March 30 (Mon): △Speech by Jerome Powell, Chair of the U.S. Federal Reserve (Fed) (23:30 KST) ▶︎March 31 (Tue): △European Union (EU) March Consumer Price Index (CPI) (18:00 KST) △U.S. Department of Labor February
Turkey’s parliament has abruptly scrapped plans to levy taxes on cryptocurrency transactions. The move follows mounting concerns that, amid strong opposition from the opposition bloc and the industry, the measure could trigger significant side effect
BNP Paribas, France’s largest bank, is stepping up its push into digital assets by launching a crypto exchange-traded note (ETN) investment service for retail customers. On the 26th (local time), BNP Paribas’ Commercial Banking division announced tha
Peter Schiff, a prominent Bitcoin (BTC) skeptic and chief economist at Euro Pacific Capital, criticized crypto-backed mortgages, saying they are stoking a housing market bubble and increasing the risk of household debt distress. On the 28th (local ti
It has been confirmed that the U.S. Department of Defense is drawing up plans for a multi-week ground operation targeting nuclear facilities and key military hubs inside Iran. Depending on whether President Donald Trump gives final approval, the Midd
The Canadian government has introduced legislation to block political fundraising via crypto assets (cryptocurrencies) outright. The move comes amid concerns that the anonymity of crypto assets undermines transparency in political financing and could
Prosecutors in Washington State in the United States have filed a lawsuit against prediction-market platform Kalshi, alleging illegal gambling operations and false advertising. The move reflects their view that the platform’s actual operating model i
A debate is continuing in the U.S. Senate over how broadly the proposed crypto-asset (cryptocurrency) market structure bill known as the CLARITY Act would protect decentralized finance (DeFi) developers. On the 27th (local time), Republican Sen. Cynt
The US spot Ethereum exchange-traded fund (ETF) market has fallen into a deep slump, posting net outflows for eight consecutive trading sessions. According to SosoValue on the 27th (local time), a total of $48.54 million flowed out of the 10 spot Eth
US spot Bitcoin exchange-traded funds (ETFs) posted net outflows for a second consecutive trading session. According to SosoValue on the 27th (local time), a total of $225.48 million in net outflows was recorded across 12 spot Bitcoin ETFs trading in
U.S. Democrats have raised national security concerns about China-linked Bitcoin mining equipment maker Bitmain and are urging a government response. According to Bloomberg on the 27th (local time), Democratic Sen. Elizabeth Warren sent a letter on t
U.S. investment bank (IB) Morgan Stanley has set the management fee for its in-house spot Bitcoin exchange-traded fund (ETF) at the lowest level in the market. The strategy is to leverage its dominant wealth management (WM) network with price competi
The U.S. Senate is expected to release detailed information next week on stablecoin-related rewards. However, with industry pushback continuing, further coordination appears inevitable. According to Eleanor Terrett, host of Crypto in America, on the
'Tax-free' for stablecoin payments under $200 Bitcoin excluded… controversy over differential taxation by coin The U.S. Congress is moving to exempt small stablecoin transactions from taxes in a bid to lower the barriers to using virtual assets (cryp
US President Donald Trump stressed the need for the United States to take the lead in responding as the influence of virtual assets (cryptocurrencies), including bitcoin, is expanding rapidly. Speaking on the 27th (local time) at the Future Investmen
U.S. President Donald Trump suggested the possibility of additional strikes, saying the military operation targeting Iran has not yet ended. Speaking on the 27th (local time) at the Future Investment Initiative (FII) Summit held in Miami, the United