Bank of Korea governor supports won-pegged stablecoin but warns of forex management challenges South Korea’s foreign exchange reserves dropped $11 billion to $404.6 billion in six months The governor of the South Korean central bank has voiced his cautious optimism regarding the issuance of a won-pegged stablecoin but has noted possible foreign exchange management issues. … Read more
TLDR: Fed Gorvernor Waller says July rate cut could prevent further labor market deterioration. Crypto markets reacted positively to Waller’s dovish policy shift. Rate cuts may drive risk-on appetite and boost digital asset prices. Fed divisions remain, but market eyes July for potential policy move. Federal Reserve Governor Christopher Waller hinted at a possible interest … Read more
The United States has racked up more than $37 trillion in national debt, a colossal tab that casts a long shadow over the country’s financial future and economic footing. For years, America has been drifting deeper into a whirlpool of unchecked spending and mounting liabilities. Buried in IOUs: U.S. Debt Hits $37 Trillion With No … Read more
Pound Sterling (GBP) is up a modest 0.2% vs. the US Dollar (USD) and outperforming nearly all of the G10 currencies in an environment of mild USD weakness, Scotiabank’s Chief FX Strategists Shaun Osborne and Eric Theoret report. Trend for GBP/USD remains bullish “Weaker domestic retail sales data have dampened some of the pound’s early … Read more
Key points: Bitcoin gives up pre-Wall Street gains as range-bound BTC price action stays in place. A potentially record-breaking TradFi options expiry event threatens curveball volatility across risk assets. Bitcoin continues to hold key support needed for a run at $135,000. Bitcoin (BTC) reversed earlier gains after the June 20 Wall Street open as a … Read more
Perpetual futures for crypto, also called perpetual swaps or perps, are gaining momentum in the United States amid concerns over risk to retail traders. Head of consumer products of Coinbase, Max Branzburg announced on June 13 that the exchange was planning to launch perps that are compliant with the Commodity Futures Trading Commission (CFTC) for … Read more
This content is provided by a sponsor. As the crypto market continues its remarkable ascent in 2025, two standout altcoins have captured investor attention with extraordinary growth potential. Neo Pepe’s presale, currently advancing through Stage 4, has significantly exceeded expectations, raising over $1.3 million at a compelling token price of $0.08, offering an exceptional opportunity … Read more
Opinion by: Margaret Rosenfeld, chief legal officer of Everstake At the dawn of the internet in the late 1990s, technology outpaced regulation — and lawyers, engineers and policymakers had to learn together in real-time. Some regulators saw the internet as a threat, others as a challenge. The ones who made the most significant difference, however, … Read more
Sei Network’s native token SEI surged more than 15% in the last 24 hours, following the Wyoming Stable Token Commission’s announcement that the layer-1 blockchain was one of two finalists selected for the state’s USD-backed stablecoin pilot. The price rally brought SEI to over $0.21, up from intraday lows of around $0.182 earlier in the … Read more
Regulations Coinbase has officially obtained a MiCA license from Luxembourg’s financial regulator, the Commission de Surveillance du Secteur Financier (CSSF), becoming the first U.S.-based crypto exchange to achieve full regulatory approval under the European Union’s new crypto framework. The company announced Friday that Luxembourg will now serve as its central hub for EU operations. This … Read more