Fri, September 12

South Korea Eyes Won-Based Stablecoin Amid Forex Concerns

The governor of the South Korean central bank has voiced his cautious optimism regarding the issuance of a won-pegged stablecoin but has noted possible foreign exchange management issues. Bank of Korea Governor Rhee Chang-yong admitted that these digital assets may make currency exchanges easier but cautioned against unintended effects in

June 20, 2025 2 mins read

Pi Network Reports 3 Million New Mainnet Users and 400,000 Nodes in First 100 Days

The Pi Network Team has published a comprehensive review of achievements during the first 100 days following the Open Network launch in February, highlighting substantial growth metrics and ecosystem developments. The network has added over 3 million new Pioneers to the mainnet, expanding the total user base to more than

June 20, 2025 2 mins read

Israeli-Linked Hackers Destroy $90M on Iranian Crypto Exchange in Geopolitical Cyberattack

The anti-Iranian hacking group Gonjeshke Darande has claimed responsibility for destroying nearly $90 million worth of cryptocurrency on Nobitex, one of Iran’s largest digital asset exchanges, in what appears to be a politically motivated cyberattack rather than a traditional theft. The operation marks the group’s second major strike in two

June 19, 2025 2 mins read

Crypto Platforms Must Enable Digital Asset Inheritance, Says CZ

Changpeng Zhao, the former CEO of Binance, has encouraged cryptocurrency exchanges to introduce the inheritance capabilities of digital assets. The call is in response to the rising fears of billions of unclaimed crypto in the event of sudden death. Zhao pointed out that death is an unavoidable fact that the

June 19, 2025 2 mins read

Canada Debuts First Spot XRP ETFs as Purpose and 3iQ Launch on TSX

Canada has officially launched its first spot XRP exchange-traded funds (ETFs), with Purpose Investments and 3iQ listing products on the Toronto Stock Exchange (TSX). These ETF launches follow final approval from the Ontario Securities Commission (OSC) on Monday. Purpose Investments debuted its XRP ETF under the ticker XRPP. The product

June 18, 2025 1 min read

Legal Actions and Their Implications for the Crypto Industry

Regulators around the world are paying closer attention to the fast-evolving crypto industry—a space known for its constant innovation and decentralized nature. At the same time, several major court rulings in recent years have begun to reshape how the sector is viewed and handled legally. These legal actions and shifts

June 18, 2025 7 mins read

Washington State’s First Crypto ATM Ban Goes into Effect in Spokane

Spokane city authorities have dealt a devastating blow to cryptocurrency ATM operators by enacting an outright ban on them across the city in a landmark ruling. The blanket prohibition, passed unanimously without a single vote against it. It is a bold move because it is the first time that the

June 18, 2025 2 mins read

Senate Passes Stablecoin Bill in Big Win for Crypto Industry

In a historic milestone for the crypto market, the U.S. Senate approved the Genius Act, a much-anticipated stablecoin bill that brings federal regulation and regulatory certainty to one of the most important parts of the digital asset ecosystem. The bill, which has gained bipartisan support, now heads to the House

June 18, 2025 3 mins read

DTCC Adds VanEck’s Spot SOL ETF to “Active & Pre‑Launch” List

VanEck’s proposed spot Solana ETF, trading under the ticker VSOL, has officially been added to the DTCC’s “active and pre-launch” list. This move suggests that most of the behind-the-scenes prep is done, and the ETF could be closing in on final approval from the SEC. Even though VSOL isn’t available

June 18, 2025 3 mins read

Arthur Hayes Warns Investors of Overhyped and Unsustainable Stablecoin IPOs

BitMEX co-founder Arthur Hayes is sounding the alarm for anyone getting too comfortable with the new wave of stablecoin IPOs. In a recent blog post, he didn’t hold back, comparing these offerings to a “hot potato” and warning traders to treat them as short-term flips, not long-term investments. Hayes points

June 17, 2025 3 mins read
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