South Korea’s Biggest Party Urges ‘Expedited KRW Stablecoin Rollout’
South Korea’s Democratic Party urges fast-tracking a KRW stablecoin to compete with USD-pegged coins like USDT and USDC, aiming to secure a global position in the stablecoin market.
Tether to issue separate stablecoin for U.S. despite ‘getting comfortable’ with the Genius Act, CEO says
Tether plans to create a separate U.S. stablecoin while maintaining USDT for emerging markets. The company supports the GENIUS Act but criticizes Europe’s MiCA regulation for its reserve requirements.
Over $200M in Assets Seized in Historic DOJ-Led Operation Targeting Fentanyl Traffickers
The DOJ-led Operation RapTor seized over $200M in assets and arrested 270 individuals involved in fentanyl trafficking. International collaboration targeted darknet markets, confiscating drugs and firearms.
XRP ETF Approval Odds Soar 13% Despite US SEC Delay
XRP ETF approval odds rise to 83% despite SEC delays, with analysts predicting October decisions. Ripple’s CEO supports ETF growth, while the first XRP futures ETF launches on Nasdaq.
Trump Administration ‘Going Big on Digital Assets’ To Trigger $2,000,000,000,000 in Demand for Treasuries: Scott Bessent – The Daily Hodl
Scott Bessent states the Trump administration prioritizes digital assets, aiming to boost US crypto leadership and stablecoin regulation, potentially generating $2 trillion in Treasury demand.
Top Unicoin Executives Accused of Defrauding Investors in SEC Complaint
The SEC has charged Unicoin and its executives with defrauding investors through misleading claims about asset-backed tokens, alleging they raised far less than claimed and violated securities laws.
XRP News Today: Ripple CEO Highlights Institutional Pivot While XRP Traders Brace for ETF Decision – Brave New Coin
Ripple CEO Brad Garlinghouse emphasizes institutional interest in XRP, highlighting new futures ETFs. XRP traders await SEC decisions on spot ETFs amid ongoing legal challenges with potential market impact.
Bessent: Biden ‘Starved’ Crypto—Trump’s Plan Could Flood Treasuries With Trillions – Bitcoin News
U.S. Treasury Secretary Scott Bessent claims the Trump Administration plans to aggressively support digital assets, particularly stablecoins, to boost demand for U.S. Treasury bonds.
Scammer Drains $5,050 From Bank of America Account – Why the Bank Says Reimbursement Is Not Happening: Report – The Daily Hodl
Bank of America refuses to reimburse a college student who lost $5,050 to scammers after she authorized a fraudulent wire transfer, citing federal law and lack of unauthorized transactions.
Ripple CEO Brad Garlinghouse Explores the Role and Importance of Crypto ETFs
Ripple CEO Brad Garlinghouse discusses the significance of crypto ETFs, highlighting institutional access and industry institutionalization. Spot Bitcoin ETFs have revolutionized institutional investment, with BlackRock’s IBIT leading. An XRP ETF is anticipated, though SEC delays persist.
