YM Lee

Lee Eok-won: “Stablecoins are not designed to represent any specific industry” — cautious on differential regulation of exchange ownership stakes

Lee Eok-won, Chair of the Financial Services Commission (FSC), drew a line on claims that the government’s plan to design stablecoin issuance around banks represents the interests of a particular industry. However, he struck a cautious tone on calls

[Breaking] Bitcoin slips below $71,000... losses deepen

Ethereum battles around $2,100…selling pressure persists

Ethereum (ETH) continues to trade with a bearish tone around $2,100, with talk growing of the potential for a further correction. According to NewsBTC on the 5th (local time), Ethereum’s price failed to break above resistance at $2,250 and then saw l

BCG: "Hong Kong’s fund industry could more than double in size if it adopts tokenization"

Hong Kong’s fund industry could more than double its market size if it adopts tokenization-based financial infrastructure, according to a new analysis. According to The Block on the 4th (local time), Boston Consulting Group (BCG), in a white paper jo

SBI Holdings unveils a dedicated Layer 1 for tokenized securities, kick-starting on-chain equity infrastructure

Japan’s financial group SBI Holdings has moved to build on-chain securities infrastructure by unveiling a pilot model of a dedicated blockchain Layer 1 (Layer 1) aimed at trading tokenized equities. According to The Block on the 4th (local time), SBI

Binance says it has never sent a legal warning letter over bankruptcy claims…rebuts forged document

Global crypto exchange Binance has pushed back against a cease-and-desist letter circulating in connection with speculation about the company’s bankruptcy, saying it is a forged document. According to The Block on the 4th (local time), Binance said t

FSC to step up anti-money laundering measures for crypto assets…expand Travel Rule, move to regulate stablecoins

The Korea Financial Intelligence Unit (FIU) under the Financial Services Commission (FSC) will overhaul its regulatory framework, making the blocking of money laundering via crypto assets a key policy task. It plans to broaden the scope of the Travel

Woori Card to partner with Travel Wallet… reviewing a digital-asset-linked payment model

Woori Card is pushing ahead with cooperation with Travel Wallet on next-generation payment services, including digital-asset linkage. Woori Card said on the 5th that it has signed a memorandum of understanding with travel card specialist Travel Walle

Peter Schiff publicly targets 'Strategy'… "Bitcoin unrealized gains/losses will keep growing"

Gold investment advocate Peter Schiff has squarely criticized Strategy’s large-scale Bitcoin (BTC) investment strategy. He argues that with Bitcoin trading below the company’s average purchase price, the burden from unrealized gains and losses could

"US crypto industry proposes compromise to banks on allowing stablecoin interest payments"

The US crypto industry is reported to be putting forward a new compromise involving stablecoins in an effort to revive digital-asset market structure legislation that has stalled in the Senate. To ease pushback from the banking sector, proposals to e

Kaia joins Japan tokenized securities consortium “Progmat DCC”…to take part in regulatory discussions

The Kaia DLT Foundation has officially joined Progmat DCC (Digital Asset Co-Creation Consortium), a Japanese industry group focused on digital assets and payment infrastructure. The move is seen as a case of an overseas mainnet participating in Japan

Anthropic-driven acceleration in AI automation… growing expectations for an on-chain/crypto convergence

After Anthropic unveiled AI agent tools including legal-work automation, shares of global software companies plunged, fueling concerns that AI automation could disrupt the existing SaaS industry structure. At the same time, the market is also seeing

"Democrats’ digital-asset legislative talks in the U.S. making positive progress…emphasis on engagement with the industry"

Digital-asset legislative discussions within the U.S. Democratic Party—widely seen as having lost momentum for a time—are turning positive again. According to Eleanor Terrett, host of Crypto America, on the 5th (local time), a Democratic staffer fami

U.S. CFTC Overhauls Prediction-Market Policy, Withdraws Biden-Era Regulatory Proposal

The U.S. Commodity Futures Trading Commission (CFTC) has overhauled its regulatory stance on prediction markets, formally withdrawing the prior administration’s policy centered on banning political event contracts. With new leadership taking office,

$13 billion floods into Cipher Mining data-center bonds, highlighting AWS lease structure

Investor demand surged for a data-center bond issue tied to crypto miner Cipher Mining. The deal structure—combining AI infrastructure with cloud demand—was seen as drawing strong investor interest. According to Bloomberg on the 4th (local time), Cip

Bitcoin spot ETFs post net outflows for 12 straight trading days…cumulative withdrawals near $2.9 billion

Large-scale capital is continuing to exit Bitcoin spot exchange-traded funds (ETFs), intensifying downside pressure on Bitcoin prices. According to Cointelegraph on the 4th (local time), U.S.-listed Bitcoin spot ETFs saw total net outflows of $2.9 bi

Coinbase adds Aztec and Espresso as new roadmap assets

Coinbase, the largest crypto exchange in the United States, has added Aztec (AZTEC) and Espresso (ESP) as new roadmap assets. On the 4th (local time), Coinbase Markets said via its official X account that it had "added Aztec and Espresso to the roadm

[Breaking] Bitcoin briefly falls back below $72,000

Multicoin founder Kyle Samani says he will step back from day-to-day VC duties…will continue backing Solana

Kyle Samani, co-founder of crypto venture capital firm Multicoin Capital, is stepping back from day-to-day management. He said, however, that he will continue personal investing and advocacy for the Solana ecosystem. According to The Block on the 4th

[Market] Bitcoin drops intraday to the $72,000 level… debate over 'safe-haven credibility' reignited

Bitcoin extended its decline, sliding intraday to around the $72,000 level amid a global risk-off mood. In the market, skepticism is again growing over whether Bitcoin can serve as a safe-haven asset during bouts of volatility. According to Bloomberg

Bets on Bitcoin falling below $65,000 spread…prediction markets tilt toward bearish сценарий

Bets that Bitcoin could fall further are spreading, centered on prediction markets. The implied probabilities are skewing more toward downside scenarios than expectations of a rebound. According to Bloomberg on the 4th (local time), on the decentrali

FT: "Tether considering scaling back fundraising from $20bn to $5bn"

Tether is reportedly considering a plan to significantly reduce the size of its new fundraising from the level previously planned. The move is seen as being influenced by investor pushback over the company’s valuation. According to the Financial Time

Surge in ‘dust’ micro stablecoin transfers on the Ethereum network… beware of security attacks

Micro-value stablecoin transfers on the Ethereum network are rising rapidly. As lower transaction costs have boosted network usage, some transfers could be exploited for security attacks, prompting calls for caution. According to Cointelegraph on the

Crypto Developer Expands AI Experiment, Unveils ‘AI Platform That Hires Humans’

A developer in the crypto industry has unveiled an experimental platform designed to let AI agents directly hire humans to carry out real-world tasks. The move is being seen as an example of automation experiments long pursued in the crypto developer

NEXUS posts 386% sales jump in 2025…turns to operating profit on blockchain diversification

NEXUS, led by CEO Jang Hyun-guk, achieved a sharp rise in 2025 revenue and returned to an operating profit. The market views the performance improvement as a result of the company’s strategy to broaden its business scope across blockchain infrastruct

Ethereum ETFs see $15 million net inflows… led by BlackRock and Grayscale

U.S.-listed spot Ethereum exchange-traded funds (ETFs) posted modest net inflows in a single day, moving in the opposite direction from Bitcoin ETFs. According to Trader T on the 3rd (local time), total net inflows across Ethereum ETFs reached $15 mi

Bitcoin ETFs see $269.93 million in net outflows…BlackRock alone posts net inflows

US-listed spot Bitcoin exchange-traded funds (ETFs) extended their weak trend as $269.93 million in net outflows were recorded. According to Trader T on the 3rd (local time), total net outflows across Bitcoin ETFs came to $269.93 million. Among major

Korea Internet Corporations Association: "Opposed to exchange stake caps and bank-led stablecoins"

The Korea Internet Corporations Association (KICOA) said it is strongly opposed to moves to cap controlling shareholders’ stakes in crypto-asset exchanges and to promote bank-centered issuance of stablecoins. The association argued the policies could

[Analysis] Bitcoin battles around $74,000…downside pressure persists as momentum fades

Bitcoin is continuing to tussle around the $74,000 level, but analysts say downside pressure is persisting as weakening technical momentum coincides with macro uncertainty. According to Decrypt on the 4th (local time), Bitcoin has been oscillating ar

ARK Invest adds to crypto stocks in a down market…boosts stakes in Bitmine and Circle

ARK Invest, led by Cathie Wood, moved to buy the dip by increasing its exposure to crypto-related names even as the digital-asset market remains weak. According to The Block on the 3rd (local time), ARK Invest added to shares of crypto-related compan