Economist Dawie Roodt Warns South Africans May Drop Local Currency as Crypto …
In recent developments, a South African economist warns that the National Treasury’s proposed crypto regulations are an unenforceable attempt at state control that will ultimately backfire. The Push Toward Decentralized…
South African Treasury Extends Crypto Rule Deadline to June 30 After Backlash
In recent developments, south Africa’s National Treasury and central bank have assured the crypto industry that proposed capital-flow regulations will not criminalize digital asset ownership or apply retrospectively. Modernizing Exchange…
South Carolina Gov. McMaster Signs Anti-CBDC Crypto Law, Protects Self-Custod…
In recent developments, south Carolina Gov. Henry McMaster signed S.163 into law this week, enacting one of the most wide-ranging state-level crypto protection bills in the country. South Carolina Lawmakers…
South Korean funeral company records $33M unrealized loss on leveraged ETH ETFs
In recent developments, south Korea’s seventh-largest mutual aid company is currently sitting on a $33 million paper loss on its leveraged Ether ETF investment, following the crypto market downturn. Looking…
South Korea’s KB Financial completes stablecoin pilot for offline payments
In recent developments, the parent company of South Korea’s largest bank completed a stablecoin payment pilot ahead of the country’s proposed digital asset framework. Looking closer, market participants highlight key…
South Korea reviews Hana Bank’s Dunamu stake under banking rules: Report
In recent developments, south Korea’s FSC is reportedly reviewing Hana Bank’s $668 million Dunamu stake under “banking-commerce separation” rules that limit bank ownership tied to crypto firms. Looking closer, market…
OKX Targets South Korea Entry With Proposed 20% Coinone Investment
In recent developments, oKX and Korea Investment & Securities are reportedly in talks to acquire stakes in South Korean crypto exchange Coinone. The move could mark a major step in…
South Korea plans July rules for tokenized securities
In recent developments, south Korea’s FSC is preparing detailed rules for tokenized securities before a legal framework for blockchain-based securities takes effect in February 2027. Looking closer, market participants highlight…
South Koreans Pull $41B From Crypto as Bitcoin Slump Pushes Cash Into Stocks
In recent developments, the total value of virtual assets held by South Korean investors plummeted by over $41 billion in roughly one year, according to Bank of Korea data. Massive…
South Korea crypto holdings halve in a year as investors turn to stock market
In recent developments, south Korean crypto holdings fell from $83 billion to $41 billion in just over a year as investors shifted to stocks. The development has drawn attention from…
Ethereum Foundation sacks 20% of workforce amid strategic restructuring
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Chainlink joins European and Korean bank consortia to develop FX settlement n…
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