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South Korean authorities raid Bithumb in corporate fund misuse inquiry

Leave a Comment / crypto, Exchanges, Featured, Legal, Regulation / best time

South Korean prosecutors raided the headquarters of crypto exchange Bithumb on March 19 as part of an investigation into whether the company’s former CEO misused corporate funds to purchase an apartment, according to local media reports. Authorities from the Seoul Southern District Prosecutors’ Office searched Bithumb’s Yeoksam-dong offices, looking into claims that the exchange provided […]

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North Carolina Eyes 10% of Public Funds for Bitcoin Reserve Under New Bill

Leave a Comment / Bitcoin (BTC), North Carolina NC, Regulation / best time

The U.S. state of North Carolina may allocate up to 10% of public funds to bitcoin, aiming to establish a strategic reserve and embrace cryptocurrency as part of its financial strategy. North Carolina’s Senate Bill 327 Seeks to Invest 10% of Public Funds in Bitcoin North Carolina lawmakers are reviewing Senate Bill 327, the North

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ECB reiterates need for a digital euro to counter influence of dollar-based stablecoins

Leave a Comment / CBDCs, crypto, Featured, Regulation / best time

European Central Bank (ECB) Chief Economist Philip Lane has reiterated the need for a digital euro, emphasizing its role in mitigating risks from stablecoins and reducing reliance on US payment firms, Bloomberg News reported on March 20. Lane said at a conference in Cork, Ireland, that the digital euro central bank digital currency (CBDC) is

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Coinbase outlines new regulatory roadmap for SEC in crypto clarity push

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Coinbase has put forward a regulatory blueprint for digital assets, urging the US Securities and Exchange Commission (SEC) to establish clearer guidelines. The proposal follows a request from SEC Commissioner Hester Peirce, who leads the agency’s crypto task force, for input on regulatory clarity. According to the exchange, this move aligns with growing efforts to

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Argentina’s Senate Hosts First-Ever Conference On Bitcoin Regulation

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For the first time in history, the Argentine Senate has opened its doors to discuss Bitcoin, thanks to the efforts of NGO Bitcoin Argentina. The conference, titled “Bitcoin and its Regulatory Framework,” was held this week in the Arturo Illia Hall of the Legislative Palace. 🗞️ “El Senado de la Nación recibió por primera vez

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First-ever CFTC-regulated XRP futures debuts in the US

Leave a Comment / Regulation / best time

Key Takeaways Bitnomial has launched the first-ever CFTC-regulated XRP futures in the US. The XRP futures are physically settled, backed by actual XRP, reinforcing market integrity. Share this article Bitnomial, a digital asset derivatives exchange, officially launched the first-ever CFTC-regulated XRP futures in the US today, following the company’s voluntary dismissal of its lawsuit against

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Ripple CEO predicts XRP ETFs in H2 2025, expects XRP inclusion in US digital asset stockpile

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Key Takeaways Ripple CEO expects multiple XRP ETFs to launch in the second half of 2024 with 10 applications pending approval. Current US administration has improved relations with Ripple, leading to potential advancements in crypto-related policies. Share this article Multiple XRP ETFs will make their US market debut in the second half of this year,

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Tom Emmer says 1M Bitcoin reserve will be enacted under current Congress

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Congressman and Vice Chairman of the Digital Assets Subcommittee Tom Emmer believes the strategic Bitcoin (BTC) reserve plan to acquire 1 million BTC will be enacted before the end of this Congress. While participating in the Digital Asset Summit, he acknowledged the multiple bills to implement state-level Bitcoin reserves. According to data from the Bitcoin

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South Korea to Trial CBDC With 100,000 Users and 7 Banks

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South Korea’s CBDC pilot will involve seven major banks issuing deposit tokens, enabling 100,000 participants to make digital payments at top retailers like 7-Eleven, Hyundai Home Shopping, and Kyobo Bookstore. South Korea’s CBDC Pilot to Test Deposit Tokens in Real-World Transactions South Korea’s central bank, the Bank of Korea (BOK), is gearing up to launch

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Stablecoin bill could reach Trump’s desk within two months, says Bo Hines

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The regulation of stablecoins in the US can reach President Donald Trump’s desk in two months, according to the Executive Director of the Presidential Working Group on Digital Assets Markets, Bo Hines. During a speech at Blockworks’ Digital Asset Summit, Hines said the market does not fully grasp how legislation on stablecoins can benefit the

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