FridaySep 05, 2025 9:00 am

South Korea Agrees to Start Sharing Cryptocurrency Data with 48 Countries

The South Korean government has announced plans to begin collecting and sharing information on crypto investors, both local and foreign, who trade through local exchanges such as Bithumb and Upbit. Data collection is scheduled to start next year, while the full system is set to officially launch in 2027. Under the plan, the transaction records of South Korean investors will also be provided to the national tax office. This means exchanges must submit both trading activity and personal details of their users to tax authorities starting in 2026. The new rules are part of the Crypto-Asset Reporting Framework (CARF), which…

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ThursdaySep 04, 2025 9:00 am

Bitcoin Volatility Tamps Down, Paving the Way for Wall Street Involvement

Bitcoin’s extreme price fluctuations have eased this year, and analysts at JPMorgan suggest a major reason could be the growing number of corporations adding the digital asset to their balance sheets. The asset’s 3- and 6-month rolling volatility, which tracks how quickly and sharply its price shifts, has dropped to unusually low levels. This decline in turbulence has persisted even as Bitcoin hit fresh record highs. As of last Friday, the asset traded around $108,000 before bouncing to more than $109,000. So far in 2025, it has gained more than 17%. Bitcoin has been far more turbulent than traditional investments…

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WednesdaySep 03, 2025 9:00 am

Crypto Adoption Surges in Venezuela as Currency Collapses, Inflation Soars

Digital currencies are increasingly becoming part of everyday life in Venezuela as people seek ways to protect their income from the rapid decline of the bolívar and stringent financial restrictions. Shops of all sizes, from corner stores to national retail chains, now accept payments in crypto using services like Airtm or Binance. Some companies have taken it a step further, using stablecoins to cover employee salaries, while several universities have established programs that teach students about blockchain and digital assets. Venezuela ranked 13th worldwide for cryptocurrency adoption in the 2024 Chainalysis Global Cryptocurrency Adoption Index, with usage growing 110% compared…

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FridayAug 29, 2025 9:00 am

Banks Feel Stablecoins Could Pose an Existential Threat to Them

The introduction of the GENIUS Act, which officially regulates stablecoins, has stirred new friction between banks and the cryptocurrency sector. Traditional financial institutions are sounding alarms that the law could encourage massive movement of funds out of banks and into digital assets, potentially shifting trillions of dollars. Major banking groups, including the American Bankers Association, are redirecting their lobbying efforts to secure changes in the legislation. Their primary concern is the possibility of customers choosing stablecoins over bank deposits, particularly if crypto platforms continue offering attractive yields. The GENIUS Act prevents issuers themselves from paying interest on customer deposits. However,…

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ThursdayAug 28, 2025 9:00 am

Finance Minister in Japan Supports Portfolio Diversification Using Crypto

Japan’s Finance Minister has acknowledged that crypto assets can play a role in building balanced investment portfolios. Speaking at the WebX 2025 Conference held in Tokyo, Katsunobu Kato noted that while digital assets are prone to extreme price swings, the creation of a reliable and safe investment environment could make them a viable choice for diversification. Kato said he intends to concentrate on improving the trading environment in Japan so that investors have better access and protection when engaging with these assets. His remarks come at a time when Japan is grappling with tough economic conditions. The nation’s public debt…

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TuesdayAug 26, 2025 9:00 am

Ether Tops its 2021 Record as Fed Chair Hints at Rate Cuts

Ether broke past its 2021 all-time high on Friday after Jerome Powell, the Fed chair, suggested the possibility of interest rate cuts, pushing investors back toward riskier assets. Ether jumped 15%, rising to $4,885 and topping its previous peak of $4,866 set in November 2021. Bitcoin also moved up 4% to $117,008. The rally started during Powell’s speech at the annual economic conference in Wyoming. In his remarks, he said that with monetary policy currently sitting in restrictive territory, the Fed may need to reconsider its approach given shifting economic risks. His words fueled speculation that a September rate cut…

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FridayAug 22, 2025 9:00 am

South Korea Asks Crypto Exchanges to Halt Lending Services

Financial regulators in South Korea have directed crypto exchanges to pause the launch of any new crypto asset lending services. Officials say the move is necessary to reduce growing risks in the market and to give regulators time to create a clear set of rules. According to the country’s Financial Services Commission (FSC), letters were recently sent to major crypto trading platforms asking them to stop offering new lending services until formal guidelines are issued. Ongoing agreements, such as repayment schedules or contract extensions, will not be affected. Last month, the FSC announced the creation of a joint task force…

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ThursdayAug 21, 2025 9:00 am

Profit-Taking Causes Bitcoin to Slide Considerably

The cryptocurrency market started the week on shaky ground, sliding lower as global economic worries sparked more than half a billion dollars in forced liquidations. Bitcoin (BTC) slipped 1.1% to $116,394.87 after hitting a record high of $124,496 just days earlier, its fourth peak of the year. Ether also lost ground, sliding 2.5% to $4,354 after nearly touching its previous all-time high of around $4,800 last week. The downturn followed hotter-than-expected July inflation figures, which created doubt about whether the Fed will move ahead with a rate cut next month. The sell-off quickly escalated into widespread liquidations as investors locked…

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TuesdayAug 19, 2025 6:59 pm

Step Onto the Stage at Hong Kong Traders Fair 2025

The Hong Kong Traders Fair will once again bring together traders, investors, fintech innovators, and financial educators from all over the region and beyond. The event is known for drawing in a wide range of people who are interested in more than just exhibitions and networking. It is a place where ideas become actions and important talks can change the course of the financial industry. The fair brings together professionals who want to learn, share, and challenge ideas every year. This makes it so that speaking on stage isn't just giving a talk; it's having real conversations that go on…

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TuesdayAug 19, 2025 9:00 am

Citigroup Explores Payment Services and Custody for Crypto ETFs, Stablecoins

US bank Citigroup is considering offering services tied to stablecoins, including custody solutions, according to one of its senior executives. The bank joins a list of major traditional players, including Bank of America and Fiserv, looking to step further into the crypto space. The renewed interest follows a recent law passed by Congress that provides a framework for stablecoins to be used in everyday payments, settlement systems, and other financial services. Stablecoins are a form of crypto that track the value of a traditional asset, most often the USD. Under the new law, issuers are required to back these tokens…

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