South Korea Misses Stablecoin Bill Deadline as Policy Debate Drags On
South Korea’s financial regulator missed a key deadline to submit a stablecoin bill, extending uncertainty as lawmakers debate issuer eligibility and the central bank’s role.
Daniel Brooks reports on blockchain infrastructure, protocol upgrades, and the technical architecture behind major crypto networks. His coverage focuses on scalability solutions, consensus mechanisms, and developer ecosystems shaping next-generation blockchain platforms. He frequently analyzes how technological innovation affects network security, transaction efficiency, and adoption across decentralized applications. Based in Berlin, Daniel closely follows developer communities and open-source blockchain research.
South Korea’s financial regulator missed a key deadline to submit a stablecoin bill, extending uncertainty as lawmakers debate issuer eligibility and the central bank’s role.
Coinbase-backed x402 released its V2 upgrade, adding multi-chain routing and wallet-based sessions to support AI-native payments across crypto and traditional rails.
UK lawmakers urged revisions to proposed stablecoin rules, warning current limits could stifle innovation and drive capital to dollar-based tokens.
Coinbase selected Chainlink’s CCIP as the exclusive bridge infrastructure for its wrapped assets, enabling expanded cross-chain functionality across multiple ecosystems.
A16z Crypto has launched its first Asia office in Seoul, South Korea, appointing Sungmo Park to lead regional expansion and portfolio support.
A federal judge granted Kalshi temporary relief from Connecticut regulators, halting enforcement actions as the company challenges state claims that its markets constitute illegal gambling.
Robinhood is rolling out lower fees for high-volume US traders and expanding leveraged altcoin futures access in the EU as it targets more sophisticated crypto users.
BlackRock has submitted an SEC filing for a staked Ethereum ETF, signaling a shift in regulatory attitudes toward staking products under new agency leadership.
WisdomTree introduced the region’s first exchange-traded product backed entirely by Lido’s staked Ether. The launch adds regulated access to Ethereum staking yields for European investors.
U.S. spot ETF data for yesterday showed strong inflows into Ethereum, while Bitcoin and Solana posted notable outflows. XRP continued its streak of positive flow days.