South Korea and Japan enforce stablecoin regulations with KRW backing and licensing in 2023
South Korea and Japan regulate stablecoins with distinct approaches. South Korea mandates KRW backing, while Japan enforces strict licensing. Stablecoin market reached $150B in 2023.
U.S. Treasury rules out Bitcoin purchases as BTC holds at $42,000
U.S. Treasury Secretary Bessent confirms no Bitcoin purchases, citing policy concerns. Bitcoin (BTC) trades at $42,000, Ethereum (ETH) at $2,200 amid market reactions.
Fake law firms defraud crypto scam victims of $10 million, FBI reports
FBI reports fake law firms target crypto scam victims, with losses exceeding $10 million. Bitcoin and Ethereum mentioned in rising fraud cases.
US Treasury stops $20 billion Bitcoin reserve sale affecting BTC and ETH
The US Treasury paused selling its $20 billion Bitcoin reserve, impacting markets. Bitcoin (BTC) and Ethereum (ETH) prices fluctuated amid the announcement.
Crypto Super PAC spends $140M targeting Sherrod Brown in 2026 Senate race
A crypto Super PAC raised $140M to oppose Sherrod Brown in the 2026 Senate race, signaling industry influence in Ohio politics and federal elections.
Justin Sun sues Bloomberg in Delaware court over $1.4 billion crypto holdings dispute
Justin Sun sues Bloomberg in Delaware court to prevent disclosure of crypto holdings, citing Billionaires Index inaccuracies. TRON founder disputes $1.4 billion valuation.
Justin Sun sues Bloomberg for $100 million over 2023 defamation claims
Tron founder Justin Sun sues Bloomberg for defamation, seeking $100 million in damages. The case involves allegations of false reporting in 2023.
Scott Bessent halts crypto reserve acquisitions amid 3% Bitcoin drop
Scott Bessent, Trump’s Treasury Secretary, stated no new crypto acquisitions for reserves. Bitcoin dropped 3%, Ethereum held steady at $1,800 amid policy shifts.
Vietnam arrests 20 in $2 billion Paynet Coin Ponzi scheme affecting 32,000 investors
Vietnamese authorities arrested 20 individuals in a $2 billion Paynet Coin Ponzi scheme, involving 32,000 investors across Hanoi and Ho Chi Minh City.
US banks forecast $6.6 trillion stablecoin shift under GENIUS Act by 2030
US banks predict a $6.6 trillion shift to stablecoins due to the GENIUS Act, involving entities like JPMorgan and Tether, by 2030.
