The head of South Korea’s central bank reportedly said he isn't against the issuance of a won-pegged stablecoin, but was wary of possible foreign exchange issues.
Tarang Khaitan
Tarang Khaitan is a cryptocurrency reporter who has been covering the blockchain space since 2020. He is interested in how digital assets and DeFi will revolutionize the traditional finance space.
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South Korea’s central bank won’t oppose stablecoin: Report - News
Canada’s Sol Strategies files with SEC to list on the Nasdaq Sol Strategies’ stock price rose by more than 4% following the announcement that it has filed to be listed on the Nasdaq exchange.
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Agriculture firm AgriFORCE powers 120 crypto miners with natural gas AgriFORCE says it launched a site that uses stranded gas to power 120 Bitcoin mining rigs and will expand to two additional sites in Canada.
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Alex Mashinsky won’t get a piece of Celsius’ bankruptcy pie, judge says Alex Mashinsky and related entities have forfeited all claims to Celsius’ bankruptcy estate as the court prioritizes restitution to creditors.
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Metaplanet’s Bitcoin holdings hits 10,000 BTC, beating Coinbase Metaplanet’s stock surged over 20% after announcing its latest Bitcoin buy and a $210 million bond issuance to buy even more.
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My Big Coin execs to pay nearly $26M in fines to CFTC The CFTC said that My Big Coin investors might not get their money back as the alleged operators “may not have sufficient funds or assets.”
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Rep. Timmons asks SEC for docs on agency’s past approach to Ethereum Republican Representative William Timmons has asked US Securities and Exchange Commission Chair Paul Atkins for documents on the agency’s historical approach to Ether.
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Ripple commits $5M more toward crypto research in APAC The funds are on top of the $25 million that Ripple committed last month to education nonprofit organizations in the US.
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Crypto lobby wants software dev protections added to crypto bill A group of crypto advocacy groups have urged lawmakers to include a bill protecting software devs from being labelled as money transmitters included in a crypto market structure bill.
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Crypto leverage trader James Wynn loses $25M on Bitcoin bet Hyperliquid leverage trader James Wynn has claimed the market is being manipulated against him after he was liquidated for 240 Bitcoin, worth $25 million.
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Coinbase wants Oregon’s ‘copycat’ securities case in federal court Coinbase has argued that a securities lawsuit from Oregon’s attorney general should be heard in federal court because it’s an attempt to “invade the province of federal law.”
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ConSensys says Web3Auth acquisition to ‘greatly improve’ MetaMask UX ConSensys has acquired Web3Auth, which it says will help it improve the user experience for its popular MetaMask crypto wallet.
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Yuga Labs sells Moonbirds IP to Orange Cap Games Orange Cap Games has acquired the Moonbirds, Mythics and Oddities NFT collections from Yuga Labs, just a year after the NFT conglomerate acquired them.
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Decentralized AI favored by majority of Americans: DCG poll A Harris poll commissioned by Digital Currency Group found 77% of surveyed Americans saw decentralized AI “as more beneficial to society overall.”
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Crypto lobby group says SEC should back off regulating most DAOs The DeFi Education Fund and Uniswap argue that the SEC should treat decentralized autonomous organizations as individuals, not as companies.
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IMF says El Salvador to make ‘efforts’ to stop Bitcoin buys with $120M payments deal El Salvador’s Bitcoin Office bought more Bitcoin shortly after the IMF announced it had reviewed its loan deal with the country.
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France arrests over 12 suspects linked to crypto kidnappings: Report French authorities suspect the possibility of a criminal organization behind two recent crypto-linked alleged kidnappings, Le Parisien reports.
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DDC Enterprise buys 21 Bitcoin, kicking off plan to scoop 5K BTC in 3 years The New York-listed Hong Kong firm DDC Enterprise plans to buy 5,000 Bitcoin over the next three years, and started off with an initial 21 Bitcoin purchase.
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US big banks hold early talks on joint crypto stablecoin: WSJ Companies linked to JPMorgan, Bank of America, Citigroup and Wells Fargo have discussed the possibility of jointly issuing a stablecoin, The Wall Street Journal reports.
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Microsoft takes legal action against infostealer Lumma Microsoft says a US court gave it the green light to disrupt 2,300 websites critical to Lumma Stealer's operations.
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KindlyMD shareholders OK merger with Trump-linked Bitcoin firm KindlyMD shares jumped 5% after shareholders greenlit a merger with Nakamoto Holdings, founded by Donald Trump crypto adviser David Bailey.
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Semler Scientific sees after-hours stock slump as Q1 revenue plunges Shares of the Bitcoin-buying firm Semler Scientific saw a slight drop after the bell as its Q1 revenues fell and losses extended.
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Trump-owned Truth Social denies it is launching a memecoin The rumor started circulating after crypto influencer Ran Neuner tweeted that Truth Social would launch a memecoin in the next 72 hours.