Tag: crypto

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South Korea Warns Against Crypto-Heavy ETFs, Names Coinbase and Strategy

South Korea’s Financial Supervisory Service recently gave verbal guidance to domestic asset management firms, urging them to reduce their investments in crypto-related stocks like...

US Targets $7.1M in Crypto from Oil and Gas Scam

Federal prosecutors in Seattle aim to win forfeiture of millions worth of crypto tied to an investment scheme, hoping to distribute it to victims. The...

Report: South Korean Authorities Instruct Asset Managers on Coinbase Exposure Limits

A report from The Korea Herald said that South Korea's Financial Supervisory Service (FSS) recently instructed local asset management firms to adjust their exchange-traded...

New Draft Bill by US Senators Aims for Stronger Crypto Regulation

A group of US senators introduced a discussion draft of a new bill that would establish clearer regulations for the country's digital asset industry. On...

Source: Crypto Prediction Market Polymarket Considers Its Own Stablecoin

A source said Polymarket would create its own stablecoin to own the yield-generating USD reserves that back the amount of Circle's dollar-pegged token, USDC. According...

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Stablecoin Issuers Replace 40% of China’s Lost US Treasury Demand

As foreign official holdings retreat, crypto firms are identified...

SBI Proposes Stablecoin QR Payments for Japan-Korea Travel

SBI DigiTrust, alongside NICE Information & Telecommunication and DSRV,...

SEC Targets Custody Hurdle for Advisers Providing Crypto Services

Certain crypto assets have remained off-limits for some clients...

HSBC Redcoin to Launch With Transfers and Payments in Hong Kong

Person-to-person transfers and merchant payments will be prioritized initially...

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