South Korea’s Largest Banks Collaborate on Won-Backed Stablecoin
A consortium of principal commercial banks in South Korea is making significant progress toward the introduction of a stablecoin linked to the Korean won. This coalition, featuring KB Kookmin, Shinhan, Woori, Nonghyup, Industrial Bank of Korea, Suhyup, Citi Korea, and Standard Chartered Korea,
Turkey Intensifies Crypto asset Regulations as Turkish Lira Keeps Losing Value
The Turkish Ministry of Treasury and Finance, headed by Mehmet Şimşek, has unveiled a set of rigorous new measures designed to combat money laundering and improve the compliance of digital asset transactions. In a statement made on June 25, 2025, it was declared
Israel Ceasefire Breaches, US Attack Modest Achievement: What Implications Does This Hodl For BTC USD?
In light of escalating global tensions and the joint U.S.-Israeli operation targeting Iran’s nuclear facilities, which seemingly did not achieve its objectives, Bitcoin’s value remains robust. After a slight decline to $98,000 during the weekend due to fears of total war, BTC has
Chainlink Crypto Jumps Close to 20% After Mastercard Collaboration Revelation: Is LINK Set to Soar Soon?
Chainlink's crypto asset experienced a jump of +10% overnight after announcement of a partnership with Mastercard emerged, facilitating the ability for over 3 billion cardholders to buy crypto directly on-chain. On Tuesday, the official Chainlink X account revealed a strategic alliance with financial
South Korean Financial Institutions Collaborate on Won-Supported Stablecoin Project
A group of eight commercial banks in South Korea has united to create a won-backed stablecoin. Their declaration, made on 25 June 2025, signifies the inaugural instance of commercial banks in South Korea collaborating in a consortium to venture into the digital asset
Hong Kong’s Financial Secretary Validates Launch of Stablecoin Licenses Beginning in August
According to a China Daily report published on 23 June 2025, Hong Kong’s Financial Secretary, Paul Chan Mo-po, has announced that the stablecoin ordinance will become effective on 1 August 2025. This makes Hong Kong the first jurisdiction worldwide to establish a regulated
Is Trump Truth Social the Largest Danger to Crypto in 2025?
Could Trump’s Truth Social be the greatest danger to crypto and global stability? The former President is once again placing himself in the middle of Middle Eastern turmoil. Over the past weekend, he publicly floated the notion of displacing Iran’s leadership in a
A New Global Currency is Forming Through BRICS and Is Now One Step Nearer
Were you aware that Muammar Gaddafi, the former ruler of Libya, aimed to establish a gold-backed dinar for the entire African continent? He was the original member of BRICS. Did you also know that Gaddafi sought to cease oil transactions in US dollars due
Why is Digital currency Plummeting Today? Is the Decrease in Gold Prices a Superior Investment Compared to BTC?
This market is far from stable. Initially, there were tariff escalations, and now, the looming potential for widespread conflict between an Israel-U.S. alliance and Iran is dominating the news cycle. Investors across various sectors, from cryptocurrencies to stocks, are trying to comprehend the
99Bitcoins Exclusive: BitGO Europe Director Brett Reeves Advises “Avoid Relying on a Single Provider, Utilize Several”
Brett Reeves, the Head of European Sales for BitGo – a company recognized for its crypto asset custody and safety solutions, stated, “It may sound quite unusual for someone in sales like me to express this, but refrain from relying on a single
