Won-Pegged Stablecoin Law Expected to Hit South Korean Parliament
SEOUL, South Korea – The Financial Services Commission (FSC) of South Korea is finalizing a bill to regulate stablecoins pegged to the South Korean won. The legislation, which marks the second phase of the Virtual Asset User Protection Act, could be submitted to Parliament in October. The proposal aims to create
SEC Delays Decisions on Truth Social, Solana and XRP ETFs
The US Securities and Exchange Commission (SEC) has postponed decisions on three high-profile crypto exchange-traded funds (ETFs), extending review deadlines until October. The agency established new decision dates through notices filed on August 18: October 8 for the Truth Social Bitcoin and Ethereum ETF on NYSE Arca, October 16 for
Amdax Launches First Bitcoin Treasury Company on Amsterdam Exchange
Dutch crypto services company Amdax plans to launch a Bitcoin treasury company called AMBTS (Amsterdam Bitcoin Treasury Strategy) on the Dutch stock exchange, the firm announced Monday. Amdax CEO Lucas Wensing stated that "with over 10% of Bitcoin supply held by corporations, governments and institutions, we believe the time
Digital Asset Kiosk Act: America's Anti-Fraud Revolution in Crypto
Illinois just sounded the alarm for the entire nation: the crypto Wild West era must end. The Digital Asset Kiosk Act isn't just consumer protection legislation – it's a clear political statement against the reckless deregulation promoted by the Trump administration.
The numbers are shocking: $272
Ethereum L2 Base challenges Solana with Zora SocialFi growth
Zora, a SocialFi platform integrated into Ethereum L2 network Base, has seen a significant surge in token launches, recently surpassing Pump.fun and LetsBonk. Nansen data indicate that despite Base’s growth, Solana remains the leader in users, transactions, and overall activity.
In July, Coinbase rebranded its wallet as the
Crypto Influencer “CP3O” Sentenced to 1 Year for $3.5 Million Cryptojacking
Crypto influencer known as “CP3O,” real name Charles O. Parks III, has been sentenced to one year and one day in prison for orchestrating a cryptojacking scheme worth $3.5 million. According to the U.S. Department of Justice, between January and August 2021, Parks used fake corporate identities to
Treasure hunts, art and space: the bold face of crypto’s new elite
John Collins-Black, an early Bitcoin investor, launched a $2 million treasure hunt, hiding five chests across the United States. These contain rare items, including a physical Bitcoin, collectible books, gold, and precious stones.
Justin Sun, founder of TRON, stood out with spectacular acquisitions. In 2024, he spent over $100 million
TouristDigiPay: Thailand’s plan to boost tourism with cryptocurrency payments
The Thai government is launching the "TouristDigiPay" programme on Monday, August 18, aimed at revitalising the tourism industry by allowing the conversion of cryptocurrencies into Thai baht for local payments.
The measure comes amid a significant decline in tourist numbers, especially from China. Details of the scheme will
U.S. centralizes seized crypto in new Strategic Bitcoin Reserve
The United States has established a Strategic Bitcoin Reserve following an executive order signed on March 6, 2025, by President Donald Trump. The initiative aims to centralize the management of seized crypto assets, with a primary focus on Bitcoin.
The reserve currently holds around 200,000 BTC, valued at approximately
Pantera Capital invests $300M in crypto treasuries
Pantera Capital has invested $300 million in companies managing crypto treasuries, stating that these firms may offer higher returns than cryptocurrency ETFs. The US-based venture capital firm said its investments focus on companies holding various digital tokens, including Bitcoin, Ethereum, Solana, and other altcoins.
Cosmo Jiang, Pantera's general