South Korea's Central Bank Establishes Dedicated Crypto Division
Bank of Korea creates Virtual Asset Division to monitor crypto markets and oversee local stablecoin development.
Articles by Nikolas Sargeant
Nik is a content and public relations specialist with an ever-growing interest in Crypto. He has been published on several leading Crypto and blockchain based news sites. He is currently based in Spain, but hails from the Pacific Northwest in the US.
Visa Surpasses $200M Stablecoin Settlement Volume Despite Regulatory Uncertainty
Visa has processed over $200 million in cumulative stablecoin settlements while expanding crypto infrastructure, though CEO Ryan McInerney says clearer regulations are needed for full potential.
AML Bitcoin Founder Receives 7-Year Prison Sentence for $10M Fraud Scheme
Rowland Marcus Andrade, AML Bitcoin founder, received a seven-year federal prison sentence for defrauding investors of nearly $10 million through false cryptocurrency promises.
PayPal Expands Crypto Payment Gateway to Support Over 100 Digital Tokens
PayPal launches new crypto checkout tool supporting 100+ tokens for US merchants with 0.99% transaction fees.
Chinese Crypto Giant Bitmain Plans First US Factory in Trump-Era Strategic Move
World's largest crypto mining hardware maker Bitmain announces first US manufacturing facility.
Interactive Brokers Considers Stablecoin Launch as Digital Asset Strategy Expands
Interactive Brokers is exploring launching its own stablecoin as part of its expanding digital asset strategy, founder Thomas Peterffy confirmed in a Reuters interview.
Coinbase Explores CoinDCX Acquisition Below $1B Valuation Amid Indian Market Entry
Coinbase is reportedly in late-stage acquisition talks with Indian crypto exchange CoinDCX at a valuation below $900 million, though the CEO has denied the rumors.
Democrats Challenge Housing Regulator's Plan to Include Crypto in Mortgage Approvals
Five Senate Democrats probe housing regulator over plan to count cryptocurrency holdings in mortgage risk assessments.
BTCS Closes $10 Million Convertible Notes, Expands Ethereum Holdings to Over 70,000 ETH
Nasdaq-listed BTCS increases its Ethereum treasury by 14,240 ETH through $55 million investment, reaching total holdings of 70,028 ETH.
Metaplanet Acquires 780 Bitcoin, Treasury Holdings Reach 17,132 BTC Total
Metaplanet added 780 Bitcoin to its treasury on July 28, bringing total holdings to 17,132 BTC after investing $92.93 million in the latest acquisition.
SharpLink Expands Ethereum Holdings with $295M Weekend Purchase, ETH Rallies 3%
SharpLink Gaming purchased an additional 77,210 ETH worth $295 million over the weekend, expanding their total holdings to 438,017 ETH valued at $1.69 billion.
Hong Kong Criminalizes Unlicensed Stablecoin Promotions Starting August 1
Hong Kong criminalizes unlicensed stablecoin promotions starting August 1 with fines up to $6,300 and six months imprisonment.