South Korea is advancing stablecoin-based payment pilots with international firms to serve visitors, keeping foreign interest alive despite recent regulatory headwinds. The move aims to simplify cross-border spending and test practical use cases for stablecoins in tourism and retail.
SEC Chair Paul Atkins said Monday the agency will move forward with a proposal addressing crypto fundraising and startup exemption issues, signaling regulatory clarification is coming.
A select group of Argentine banks will pilot JPM Coin to speed up and reduce the cost of interbank settlements while regulators weigh lifting a ban on banks offering crypto services.
South Korea’s financial regulator now requires crypto exchanges to check and verify customer asset balances every five minutes following an overpayment mishap earlier this year that damaged market confidence.
Indian tax authorities are issuing Section 148A reassessment notices to crypto traders after system‑generated "estimated income" flagged mismatches with reported profits. Notices can reopen past returns and require investors to substantiate discrepancies.
Binance's top compliance executive is reportedly considering stepping down amid heavy staff turnover and intensifying regulatory scrutiny, raising questions about leadership stability. The move could complicate the exchange’s financial crime prevention efforts at a sensitive time for the industry.
Japan’s FSA-regulated market now lists more than 100 crypto assets across 28 registered service providers, including Binance and Coinbase. The expansion reflects steady, regulation-led growth and greater market clarity for investors.
Kentucky has amended its crypto law to remove a clause that could have limited self-custody, explicitly allowing individuals to hold and manage Bitcoin without mandatory state custody. Lawmakers say the change protects individual control over digital assets.
Todd Blanche owned bitcoin and last year instructed staff to ease off crypto developers even as prosecutions of industry figures continued. The contrast underscores a conflicted DOJ posture that could keep uncertainty high for crypto firms and investors.
Brad Garlinghouse says the key to getting corporations into crypto is a straightforward crypto-fiat treasury system rather than persuasion. He argues reliable rails, liquidity and treasury tooling are the practical enablers of enterprise adoption.