Kim Nam-guk, the South Korean lawmaker at the center of the nation’s “Coin Gate” scandal, is set to join the government of the newly elected South Korean President Lee Jae-myung. Lee won the election with a comfortable margin earlier this month. He has since begun assembling his cabinet after making a series of pro-business crypto […]
South Korean Coin Gate Lawmaker Kim Nam-guk Set For Key Government Role Read More »
Digital asset investment products saw US$224 million in inflows last week, extending a strong seven-week streak to US$11 billion, according to the latest data from asset manager CoinShares. Despite the positive trend, the pace of inflows has decelerated amid investor caution surrounding the U.S. Federal Reserve’s next move on interest rates and inflation. Digital asset
Crypto Product Inflows Hit $224M, Momentum Slows Amid Fed Policy Uncertainty: CoinShares Read More »
The Japanese Senate, the House of Councilors, has approved a legal amendment that will give crypto brokerage firms more freedom to operate in the country. Per the Japanese newspaper Nihon Keizai Shimbun, senators approved several revisions to the Payment Services Act on June 6. Japanese Crypto Brokerages: Deregulation on The Way The revised act contains
Japanese Senate Approves Crypto Brokerages Reform Bill Read More »
Key Notes Competitors can share a prize pool of 16 million OL tokens. The competition will last two weeks, ending on June 22. The airdrop announcement brought a sharp selloff for the OL token. Binance, the largest crypto exchange by trading volume, featured Open Loot, a Web3 gaming marketplace, on Binance Alpha, an exclusive trading
Binance Giving Away Free OL Tokens – Here’s What You Need to Know Read More »
Key Notes Hyperliquid recorded an 843% increase in perpetual trading activity amid high leverage bets from traders. Judging by these records, it is clear that Hyperliquid is encroaching on Binance’s market dominance. However, HYPE price does not reflect this positive sentiment with its current bearish outlook. Top perpetual futures trading platform Hyperliquid (HYPE) is on
Hyperliquid Breaking Binance Dominance With $248 Billion Perp Volume In May Read More »
U.S. President Donald Trump has amassed an estimated $1 billion from his ventures in cryptocurrency in just nine months, a June 5 report from Forbes reveals. Trump Brings In A Digital Fortune According to Forbes’ calculations published in the report on Thursday, Trump has made $1 billion since just before the election, lifting his net
Donald Trump Amasses $1 Billion From Crypto In Just 9 Months: Forbes Read More »
Key Takeaways: The Federal Council approved automatic crypto-asset data exchange with 74 jurisdictions under OECD’s CARF, starting in 2027. The list includes EU states, the UK, and most G20 countries but excludes the U.S. and Saudi Arabia. Exchanges will only occur if partner countries meet reciprocity and compliance benchmarks. Switzerland’s Federal Council has approved a
Switzerland to Swap Crypto Holder Data with 74 Countries Under the OECD’s CARF Read More »
Key Takeaways: Beijing’s police authority has introduced a formal process for liquidating seized digital assets through Hong Kong exchanges. The system was developed with the Beijing Equity Exchange and involves third-party custody and compliant offshore liquidation. The first test case was completed in Shunyi District, with funds transferred to the national treasury within 24 hours.
Beijing Fast-Tracks 24-Hour Seized Crypto Liquidation via Hong Kong Exchanges Read More »
The tokenized real-world asset (RWA) sector has witnessed huge growth in 2025, according to new findings from Binance Research, authored by Moulik Nagesh, Joshua Wong, Michael JJ, and Asher Lin Jiayong. In just the first half of the year, the RWA market has ballooned from $8.6 billion to over $23 billion—a massive 260% surge. This
Circle Internet Financial, the company behind the USDC stablecoin, has priced its initial public offering at $31 per share, raising $1.05b in one of the largest US listings this year. The upsized deal, confirmed late Wednesday, will see Circle begin trading Thursday on the New York Stock Exchange under the ticker symbol CRCL. The Boston-based
Circle Upsizes NYSE IPO to $1.05B — Here’s What Investors Should Watch Read More »
