The Federal Reserve is considering allowing its employees a limited investment in cryptocurrency, claiming this would enhance their grasp of the technology. Fed Vice Chair for Supervision Michelle […]
SEC Investigates Trump-Linked Crypto Firm over Alleged Stock Manipulation
The U.S. Securities and Exchange Commission (SEC) is actively investigating a cryptocurrency firm closely tied to former President Donald Trump for potential stock manipulation. This probe comes amid […]
Fed Pushes for Cryptocurrency Ownership by Staff: Bowman Advocates for New Policies
Michelle Bowman, Vice Chair of the Federal Reserve for Supervision, has proposed allowing central bank staff to hold small amounts of cryptocurrency. Bowman argues that direct exposure would […]
Bank of Korea Urges Cautious Approach for Korean Won Stablecoin Rollout
Korea’s Bank of Korea is advocating a cautious strategy for the development of Korean won stablecoins, urging banks to lead the issuance process. Governor Lee Chang-yong stressed that […]
Treasury Unveils Plan to Leverage Stablecoins for Dollar Expansion
The U.S. Treasury is promoting stablecoins as a tool to increase global dollar access and potentially boost demand for US Treasury securities. This approach aims to enhance regulatory […]
South Korea Suspends Crypto Lending to Protect Investors
In a move aimed at safeguarding its citizens from potential financial risks, the Financial Services Commission (FSC) of South Korea has issued a directive requiring cryptocurrency exchanges to […]
South Korea Paves Cautious Path for Won-Based Stablecoin
Major South Korean banks are developing a phased introduction of a won-based stablecoin, aiming to enhance financial stability through regulatory control. This initiative prioritizes KYC compliance for large […]
South Korea Set to Implement First Stablecoin Regulation in October
South Korea is preparing to introduce its first legal framework for stablecoins, aiming to regulate the rapidly expanding digital asset market. The Financial Services Commission (FSC) plans to […]
U.S. Treasury Issues Public Call for Feedback on Stablecoin Regulations
The U.S. Department of the Treasury has embarked on a critical initiative to shape stablecoin regulations, seeking public input on how financial institutions can effectively address cryptocurrency-related illicit […]
US Treasury Seeks Input on Preventing Illegal Crypto Activities
The US Treasury Department has initiated a public consultation process related to the GENIUS Act, aiming to curb illicit activities linked to cryptocurrencies. This law, recently signed into […]
US Treasury Exploring Digital Identity Verification for DeFi Security
The US Department of the Treasury is exploring the use of digital identity verification to combat illicit financial activities within decentralized finance (DeFi). Seeking public input on this […]
Federal Reserve Ends Crypto Oversight Program, Integrating It Into Bank Regulation
The Federal Reserve is eliminating its Novel Activities Supervision Program, designed to oversee banks’ crypto activities. This marks a major shift in how the Fed approaches crypto risk […]
Trump’s Executive Order Broadens Crypto Access in 401(k) Retirement Plans
President Donald Trump signed an executive order on August 7, 2025, enabling cryptocurrency investments within U.S. 401(k) retirement plans for the first time. This move aims to expand […]
Standard Chartered Shares Plummet After Lawmaker Alleges Illegal Payments
Standard Chartered PLC shares experienced a significant decline on Friday, dropping by 8.21% to close at $1,291.50. This follows a period of strong growth for the bank, which […]
Fed Adjusts Regulatory Approach to Cryptocurrency
The US Federal Reserve has made a significant shift in its approach to cryptocurrency supervision, potentially impacting the future of the financial industry. The move comes in response […]