YM Lee

Bhutan issues 'TER', a gold-linked token on Solana… Expansion of national strategic digital assets

The government of Bhutan officially announced the issuance of 'TER', a digital asset (cryptocurrency) linked to physical gold on the Solana (SOL) network. TER will operate under a government-supported structure and has been presented as a core projec

[Market] Bitcoin temporarily relinquishes $90,000…"Downward trend intensifies despite US rate cut"

Bitcoin (BTC) briefly fell below the $90,000 level on the 11th based on the Binance Tether (USDT) market, showing a weak trend. Despite the US Federal Reserve (Fed) announcement of a benchmark interest rate cut, buying pressure across the market did

Stablecoin government proposal expected to be released this month…Financial Services Commission·Bank of Korea "compromise on key issues"

A government bill for a basic law on digital assets (cryptocurrencies), including stablecoin regulation, is expected to be released this month. The government and the National Assembly have been pursuing two-step legislation, and the Financial Servic

a16z Crypto to open first Asian office in Seoul… appoints Seongmo Park as head

a16z Crypto, the crypto asset (cryptocurrency) investment arm of U.S. venture capital firm Andreessen Horowitz (a16z), will establish its first regional office in Seoul to expand in the Asian market. The company cited South Korea's high on-chain acti

6 in 10 wealthy Asians "will increase their virtual asset allocation"

A survey found that high-net-worth individuals in the Asia region plan to increase their holdings of virtual assets (cryptocurrencies) over the next few years. The analysis showed that virtual assets have already taken a place in many portfolios and

U.S. CFTC Approves Gemini's Prediction Market Operation…Also Considering Expansion Into Virtual Asset Derivatives

The U.S. Commodity Futures Trading Commission (CFTC) has approved a designated contract market (DCM) license for Gemini to operate a prediction market. Gemini is considering expanding the business to include a derivatives market based on virtual asse

Stripe expands stablecoin integration by acquiring Valora team…accelerates blockchain payment strategy

Global payments company Stripe is accelerating the expansion of stablecoin payment technology and blockchain infrastructure after hiring the development team of the crypto assets (cryptocurrencies)-based payment app Valora. The company has recently b

U.S. Office of the Comptroller of the Currency confirms large banks' 'industry discrimination'… virtual asset companies also had services restricted

The U.S. Office of the Comptroller of the Currency (OCC) said it confirmed that large banks had restricted legal businesses, including virtual asset (cryptocurrency) firms, based on industry classification alone rather than a risk assessment. The age

Pantera Capital, Coinbase invest $15 million in Surf AI model development

The AI platform for digital asset analysis, Surf, has raised $15 million from investors including Pantera Capital and Coinbase Ventures and is accelerating the development of next-generation AI models that strengthen on-chain analysis capabilities. A

"U.S. CFTC launches new Innovation Council…many CEOs of major global exchanges named"

The U.S. Commodity Futures Trading Commission (CFTC) launched a chief executive advisory body to discuss derivatives market structure and blockchain-based infrastructure, naming heads of major global exchanges as its first members. On the 11th (local

GameStop misses Q3 earnings expectations… burdened by Bitcoin valuation losses

GameStop missed market expectations in its Q3 2025 results, facing both weak sales and pressure from Bitcoin valuation losses. The stock price fell more than 4% on the day of the earnings announcement. On the 11th (local time), Cointelegraph reported

Tether launches on-device AI health platform…switches biometric data processing to local handling

Tether unveiled QVAC Health, an on-device AI-based platform that processes personal health data only on the device. The company applied a technical architecture that minimizes the transmission of users' biometric information to external servers. Acco

Binance lists World Liberty stablecoin 'USD1' trading pair

Crypto exchange Binance has initiated a revamp of its spot trading services by newly supporting major USD1-based trading pairs and expanding the application of trading bots. Existing Binance-Peg (B-token) BUSD collateral assets will be converted to U

US Republicans push to include a full CBDC ban clause in the National Defense Authorization Act

Moves within the U.S. Republican Party to block the introduction of central bank digital currency (CBDC) are rising again. U.S. Representative Keith Self submitted an amendment to include a full ban on CBDC in the National Defense Authorization Act (

Solana liquidity retreats to bear-market territory… USD 500 million liquidation concern if price falls an additional 5.5%%

Solana's liquidity has recently contracted sharply, retreating to bear-market levels, and analysis suggests that if the price falls just an additional 5.5%, long positions worth USD 500 million could be liquidated. On the 10th (local time), Decrypt r

Altcoin rally 'on hold'…funds flow into Bitcoin and Ethereum

Capital flows in the crypto assets (cryptocurrencies) market are refocusing from altcoins to Bitcoin and Ethereum. Traders prefer delta-neutral strategies over directional bets, and views that the 'alt season' will be delayed are gaining traction. On

Investor sentiment overheats amid strong Bitcoin rebound…'Watch for pullbacks' heightens ahead of FOMC

Bitcoin's price jumped to $94,625, marking the highest level in three weeks, and FOMO sentiment is resurfacing across the market. However, major analysts warn that short-term flows could be shaken again depending on the outcome of the U.S. Federal Re

Final interviews begin for Fed chair candidates…Kevin Hassett among shortlist under review

President Donald Trump has begun interview procedures for the final group of candidates, including White House economic adviser Kevin Hassett, to select a successor to Jerome Powell, whose term as chair of the U.S. Federal Reserve (Fed) ends in May n

Regulatory clash over token securities intensifies… HSBC: "Policy tensions in the U.S. are rapidly escalating"

Regulatory debate in the U.S. over token securities has intensified, sharpening disagreements between traditional financial firms and the crypto industry. HSBC said in a recent research report that "policy tensions over the regulation of tokenized eq

Binance ends support for 8 spot trading pairs including CHR/ENJ on Dec. 12

Global cryptocurrency exchange Binance has announced it will delist some trading pairs citing liquidity and market quality management. The measure will take effect from December 12 at 12:00 PM Korean time (03:00 UTC). According to a Binance notice on

Twenty One Capital plunges nearly 20% on Nasdaq debut… concerns over lack of business model

Twenty One Capital (Twenty One Capital) entered the U.S. market through a SPAC merger, but on the first day its share price fell nearly 20%, highlighting uncertainty over the company’s value and business plans. On the 9th (local time), Cointelegraph

KindlyMD secures 210 million Tether loan from Kraken… Antalpha loan repaid in full

KindlyMD has entered into a Bitcoin-collateralized loan agreement with Kraken for 210 million Tether, restructuring its borrowing and repaying an existing loan from Antalpha Digital. According to The Block on the 9th (local time), KindlyMD's subsidia

KOSPI turns lower amid net selling by institutions and foreigners…won–dollar rate fluctuates around 1,470 won

The KOSPI turned lower intraday, pressured by selling from institutions and foreigners. The KOSDAQ index remained near flat. As of 11:00 a.m. on the 10th, the KOSPI stood at 4130.17, down 13.38 points (0.32%) from the previous day. The KOSPI rose to

U.S. teachers' union urges Senate to "reject crypto market-structure bill"

The American Federation of Teachers (AFT) urged a halt to legislation submitted to the Senate on crypto market structure, saying it could undermine protections for pension and retiree assets. The union argued the bill could weaken traditional securit

JPMorgan says recent Bitcoin correction is not a 'crypto winter'

JPMorgan said there is little evidence that the market structure has deteriorated despite the recent Bitcoin decline, rating the likelihood of a crypto winter as low. Industry experts acknowledged the short-term correction but said it is difficult to

ICE "More than half of institutional clients interested in Polymarket and other prediction-market data"

More than half of Intercontinental Exchange (ICE) parent company Intercontinental Exchange's institutional clients indicated they are willing to use prediction-market data from Polymarket. On the 10th (local time), Bloomberg reported that Jeffrey Spr

Trump "Jerome Powell's response to rate cuts was too late"

U.S. President Donald Trump once again publicly targeted Jerome Powell, chair of the U.S. Federal Reserve (Fed). On the 10th (local time), President Donald Trump said during a speech in Pennsylvania, "Chair Jerome Powell is still dragging his feet on

Trump "My favorite word is 'tariffs'… Trillions of dollars will flow into the U.S."

U.S. President Donald Trump again emphasized that he would stick to the 'tariffs' policy. On the 9th (local time), President Trump said in a speech in Pennsylvania, "Tariffs are my favorite word. Through tariffs, many companies are returning to the U

KOSPI rebounds to the 4,160 level, up 0.5%… SK Hynix up 4%

KOSDAQ is 'weak' The KOSPI is showing early-session strength thanks to buying by foreign investors. The KOSDAQ index is declining. As of 9:03 a.m. on the 10th, the KOSPI stood at 4,167.61, up 24.06 points (0.58%) from the previous day. The KOSPI, whi

SEC to pursue innovation exemption early next year…"Will begin to bear fruit"

Paul Atkins, commissioner of the U.S. Securities and Exchange Commission (SEC), signaled swift action on cryptocurrency policy priorities early next year. On the 9th (local time), according to The Block, Atkins said, "I haven't seen anything yet," an