Kimchi Shrinks: Stablecoin Trading Volume Plunges 80% in South Korea
South Korea’s cryptocurrency market, well-known for its focus on retail spot trading, is experiencing a noticeable slowdown. The country’s daily…
Category: Financial
Crypto Industry Unimpressed by Possible Exemptions from Bank of England Stablecoin Cap
News that the Bank of England could allow certain exemptions for its planned stablecoin holding cap has been greeted with…
Hargreaves Lansdown Warns Investors as UK Reopens Crypto ETN Market
Hargreaves Lansdown, the UK’s largest retail brokerage, advised investors to avoid adding cryptocurrencies to their portfolios even as regulators opened…
What Will the Fed Do Without Key Economic Data? Will Rate Cuts Continue? Two Fed Members Speak Out!
The US government shutdown has negatively impacted government agencies. As a result, government employees were furloughed, and the publication of…
Kalshi Raises $300M at $5B Valuation, Expands Prediction Markets to 140 Countries: NYT
Online prediction market Kalshi has raised more than $300 million at a $5 billion valuation as prediction markets move into…
Modi Backs RBI Digital Currency, Showcases India Stack at Global Fintech Fest
India’s Prime Minister Narendra Modi expressed confidence in the Reserve Bank of India’s digital currency initiative during his address at…
Morgan Stanley Expanding Access to Crypto Fund Investments: CNBC
Morgan Stanley is expanding its crypto offerings, allowing all clients to have access to digital assets, according to a Friday…
Is Howard Lutnick fundraising for Tether?
US Secretary of Commerce Howard Lutnick is personally assisting with Tether’s equity fundraise, according to Swan Bitcoin CEO Cory Klippsten.…
Russia’s central bank to permit banks to engage in crypto operations under strict limits
Key Takeaways The Central Bank of Russia is moving to permit limited crypto activity among banks. Strict capital reserve requirements…
Japan’s crypto market matures while regulations expand
Binance Japan’s business partnership with PayPay is an ambitious push to make crypto an everyday payment tool in Japan’s fragmented,…