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Kim Seo-joon, CEO of Hashed, emphasized that there should be no hesitation in promoting the introduction of a KRW stablecoin. On the 2nd, CEO Kim stated on his Facebook, "The competition over currency sovereignty surrounding stablecoins is intensifyi
It has been observed that there was a net capital outflow in Ethereum (ETH) spot Exchange-Traded Funds (ETFs). According to Farside Investors data on the 1st (local time), Ethereum spot ETFs saw an inflow of approximately $40.7 million. The product w
The Bitcoin (BTC) spot Exchange-Traded Fund (ETF) has recorded a net capital outflow for the first time in about a month. According to Farside Investors data on the 1st (local time), approximately $342 million was withdrawn from Bitcoin spot ETFs. Th
The Ethereum Community Fund (ECF) has been officially launched. According to The Block on the 2nd (local time), the Ethereum Community Fund aims to support the institutional adoption of Ethereum infrastructure and ultimately boost the price of Ethere
Global virtual asset (cryptocurrency) exchange Binance plans to maintain its hundreds of employees despite the tightening of Singaporean regulations on unlicensed exchanges. According to a Bloomberg report on the 2nd (local time), the Monetary Author
The futures trading volume on decentralized exchanges (DEXs) has reportedly reached nearly 8% of that on centralized exchanges (CEXs). On the 2nd (local time), the cryptocurrency-focused media outlet The Block reported, “As of June, the ratio of futu
President Donald Trump announced that he had negotiated the terms for a confirmed ceasefire with Israel. On the 2nd (local time), President Donald Trump stated on his Truth Social, "Today, I had a long and productive meeting with Israel in the Gaza S
The Governing Council of the European Central Bank (ECB) has approved support for research activities on distributed ledger technology (DLT) transaction settlement. According to a report by CoinDesk on the 2nd (local time), the Governing Council of t
Bitcoin (BTC) has broken below a key lower support level, raising expectations that it may enter a bearish sideways phase for the time being. According to Cointelegraph on the 2nd (local time), Bitfinex market analysts stated in a report, "After fail
Nasdaq-listed DeFi Development Corp (DFDV) has begun raising funds to strategically accumulate Solana (SOL) tokens. On the 2nd (local time), DeFi Development announced through its official channels: “We will privately issue $100 million of 2030-matur
The digital design technology company Figma announced that it holds a Bitwise Bitcoin exchange-traded fund (ETF) product worth $70 million. According to The Block on the 2nd (local time), Figma plans to pursue a listing through an initial public offe
Stablecoin: The Key Bridge for Digital Financial Transformation Capturing Both Financial Efficiency and Scalability President Lee’s Core Pledge: ‘KRW Stablecoin’ Government and Business Accelerate Legislation and Infrastructure Expansion US Strengthe
The global virtual asset (cryptocurrency) exchange Binance has clarified its position regarding the recent rumors in the community about a presidential pardon for Changpeng Zhao, the founder of Binance, by President Trump. According to a report by Cr
The global cryptocurrency exchange Binance has announced that it will select Moonveil (MORE) for its early-stage crypto project support initiative, the Alpha program. On the 25th (local time), Binance stated through its official channel, "We are very
A total of $71.3 million flowed into Ethereum (ETH) spot Exchange-Traded Fund (ETF) products. According to data from Farside Investors, as of the 24th (local time), the daily net inflow into Ethereum spot ETF products reached $71.3 million. The produ
It has been reported that there was a net inflow of about $588.6 million into Bitcoin (BTC) spot Exchange-Traded Fund (ETF) products. According to Farside Investors data, as of the 24th (local time), the daily inflow into Bitcoin spot ETF products re
Blockchain-based prediction market platform Polymarket is reportedly nearing the completion of a $200 million funding round. On the 25th (local time), Reuters quoted anonymous sources, stating, "Polymarket's $200 million funding round is in its final
The decentralized artificial intelligence platform Sahara AI has announced its supply plan for its native token, SAHARA. On the 25th (local time), Sahara AI stated via its official channel, "We are unveiling the native token SAHARA, which supports al
By Frank Holmes The US Dollar Index against a basket of major currencies has fallen about 10% this year through mid-June, trading at its lowest level in three years. This is by no means a small drop, and with the US deficit widening and ongoing conce
The Bank of Korea has warned that stablecoins could pose potential risk factors to the domestic financial market and economy. In its Financial Stability Report, the Bank of Korea explained, "Stablecoins are expanding their usage beyond the virtual as
The global cryptocurrency exchange Coinbase played a key role in tracking approximately $225 million worth of stolen virtual assets for the United States Secret Service. According to a report by The Block on the 25th (local time), Coinbase assisted t
KB Kookmin Bank has reportedly become the first major domestic bank to file a trademark for a KRW-pegged stablecoin. According to the intellectual property information search service KIPRIS, KB Kookmin Bank has applied for several stablecoin-related
Following KakaoPay, KakaoBank has also reportedly filed a trademark for a stablecoin. According to the financial industry on the 25th, KakaoBank has recently applied to the patent office for a total of 12 trademarks such as BKRW, KKBKRW, KRWKKB, and
Eight major domestic commercial banks are reportedly working to establish a joint venture for stablecoins. According to the financial industry on the 25th, eight commercial banks—KB Kookmin, Shinhan, Woori, Nonghyup, IBK Industrial, Sh Suhyup, Citiba
U.S. Vice President JD Vance questioned the hawkish stance of Federal Reserve (Fed) Chairman Jerome Powell. On the 24th (local time), JD Vance publicly expressed his dissatisfaction with the Fed's hawkish stance via his X (formerly Twitter), stating,
The Ohio House of Representatives introduced 'House Bill 18' for strategic reserves of virtual assets (cryptocurrencies). According to Decrypt on the 25th (local time), Steve Demetriou, a Republican member of the Ohio House of Representatives, stated
It has been confirmed that the US House of Representatives has officially received the stablecoin bill, Genius Act. On the 25th (local time), Eleanor Terrett, the host of Crypto in America, announced on her X (formerly Twitter) account, "The US House
The US Senate Banking Committee's Digital Assets Subcommittee held a hearing to discuss market structure, but it was revealed that more than half of the members did not attend. According to a Cointelegraph report on the 25th (local time), the hearing
XRP has rapidly risen to become the most prominent virtual asset (cryptocurrency) on the Chicago Mercantile Exchange (CME) derivatives platform, just one month after its debut. On the 25th (local time), the cryptocurrency-specialized media outlet Cry
FalconX, a digital asset brokerage firm, has joined as a launch partner for Lynq, a digital asset payment platform for financial institutions. According to a report by Cointelegraph on the 25th (local time), FalconX became a launch partner for Lynq a