Bank of Korea Introduces Virtual Asset Division as Stablecoin Discussions Advance
The Bank of Korea (BOK) has launched a new division focused on virtual assets to oversee the cryptocurrency market and participate in legislative discussions.

The Bank of Korea (BOK) has launched a new division focused on virtual assets to oversee the cryptocurrency market and participate in legislative discussions.
The SEC’s decision to review staking for BlackRock’s Ethereum ETF could signal a pivotal shift in crypto investment products.
Investors awaiting the SEC’s decision on the Trump-backed Truth Social Bitcoin ETF will have to wait longer—the regulator has extended its review period to September 18.
Ethereum investment products have crossed $7.79 billion in 2025 inflows—outpacing 2024’s total—while Bitcoin funds saw $175 million in outflows last week despite bullish price action.
PayPal’s new crypto payment feature aims to simplify international transactions for US SMEs, supporting over 100 digital assets—including USDT, USDC, and Solana.
Key Democrats in the US Senate are pressing the FHFA on its plan to allow cryptocurrency as a factor in mortgage approvals.
Metaplanet has expanded its Bitcoin portfolio with the purchase of an additional 780 BTC for approximately $92.5 million, reinforcing its bullish stance on the cryptocurrency.
Ethereum is charging toward $4,000, fueled by a wave of institutional buying and record derivatives activity.
Investors take note: Galaxy Digital’s Michael Novogratz warns that Ethereum’s shrinking supply and corporate buying sprees could ignite a major rally.
Hong Kong is taking a hardline stance against unregulated stablecoin promotions, with a new law taking effect August 1 that could land violators in jail for up to six months.
Anchorage Digital Bank is set to make history by issuing Ethena Labs’ USDtb—the first stablecoin designed for compliance with the GENIUS Act.
FTX’s next creditor payout is set for September 30, with $1.9 billion approved for distribution after court-approved reserve cuts. The record date is August 15, but the exact payout amount remains unclear.
CoinShares, a leading European digital asset investment firm, has been granted a license under the Markets in Crypto-Assets Regulation (MiCA), marking a key milestone in its regulatory compliance efforts.
Another $534 million poured into US spot Ethereum ETFs on Tuesday, fueling speculation that ETH’s rally has legs.
The UK is putting ransomware gangs on notice—public sector bodies and critical infrastructure operators will soon be barred from paying their demands.

"A purely peer-to-peer version of electronic cash would allow online
payments to be sent directly from one party to another without going through a
financial institution." - Satoshi Nakamoto (Bitcoin White Paper)
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