South Korea to test tokenized government bonds with CBDC in 2027
South Korea will test tokenized government bonds linked to the Bank of Korea’s wholesale CBDC system in 2027 as token securities rules take effect.
White House crypto adviser Patrick Witt to report for military training: Report
Witt’s departure comes during a critical moment for the CLARITY Act, with deputy director Harry Jung expected to assume his responsibilities.
US government moves $297M in seized Bitcoin, Ether to Coinbase Prime
The transfers have raised questions over Trump’s Bitcoin reserve pledge, though deposits to Coinbase Prime do not confirm an impending sale.
Thai scammer’s $122M wallet, Japan embraces crypto credit: Asia Express
Bitcoin backed mortgages and stablecoin yield are hot topics in Japan right now, as Hyundai experiments with Avalanche for global stablecoin transfers. Asia Express
CLARITY Act gains second law enforcement endorsement before Senate push
The Federal Law Enforcement Officers Association expressed support for the CLARITY Act but urged changes to the legislation’s language.
Global law firm launches MiCA compliance tool as crypto companies navigate new EU rules
Reed Smith’s Aquarius platform automates regulatory filings and legal workflows as demand for MiCA compliance tools grows across Europe.
Bolivia mulls recognizing USDT as payment currency amid dollar shortage
As foreign currency reserves remain under pressure, Bolivia is considering a framework to let the world’s largest stablecoin be used for payments, savings and trade.
Hyundai completes USDT treasury settlement pilot between US and Mexico
Hyundai completed a proof-of-concept using Tether’s USDT to settle a cross-border treasury transfer between its US and Mexican subsidiaries, highlighting growing enterprise interest in stablecoin-based payments.
Donald Trump invokes US senator’s death to push crypto bill
With the death of Senator Lindsey Graham and another senator hospitalized, Republicans’ current majority in the chamber has been reduced to 51-47, likely requiring more Democratic support to pass crypto market structure.
Bitcoin threatens $62K in risk-asset rout as Donald Trump says US will ‘run’ closed Hormuz Strait
Bitcoin bulls faced an uphill struggle to preserve $62,000 as stocks opened down on Strait of Hormuz rhetoric between the US and Iran.