Tag: Government

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South Korea elects Pro-Crypto lee as president, paving way for Crypto ETFs and KRW stablecoins

South Korea has officially declared Lee Jae-myung, the candidate from the left-leaning party, as its new president on Wednesday. The appointment followed the impeachment...

Russia explores using Cryptocurrency to settle grain export deals

The Agricultural Bank of Russia is exploring the use of cryptocurrency-based solutions as a substitute for conventional payment methods in the export of more...

U.S. government asks court to dismiss Coinbase user’s challenge over Crypto records

In a filing to the Supreme Court, the U.S. government asserted that Coinbase user James Harper lacks the legal grounds to prevent the IRS...

Musk denies signing deal with Telegram amid grok integration buzz

On May 28, Elon Musk clarified that xAI and Telegram had not signed any formal agreement regarding the distribution of the Grok large language...

Eric Adams proposes Bitcoin bond for NYC, urges repeal of state BitLicense

New York City Mayor Eric Adams has advocated for the elimination of the state's BitLicense, a regulatory framework introduced in 2015 that has frequently...

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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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