The Bank of Korea calls on regulators to restrict the issuance of Korean won stablecoins to licensed commercial banks.

The Clarity Act hangs in the balance: the SEC may hold crypto accountable, and Ripple and developers face immense pressure

The prospects of the "Clarity Act" are unclear, which may lead the SEC to reconsider cryptocurrencies as securities, increasing legal risks. Industry insiders warn that short-termism and conflicting interests may delay the passage of the bill, impacting the legal status of mainstream assets. Cryptocurrency lobbying groups are prepared to address regulatory risks, calling for unity to ensure the long-term safety of the industry.

Michael Saylor once again compared STRC to money market funds, sparking a retail frenzy.

Strategy company founder Michael Saylor compared his stock STRC to a money market fund on CNBC, drawing attention. STRC has a dividend of up to 11.5%, but it is not a true money market fund and carries high risks. Despite the SEC stating that its risks are significant, Saylor still attracts a large number of retail investors, and analysts remind that caution is needed to distinguish between them.

Ripple CEO: The negotiations for the Clarity Act are tough, but an agreement on stablecoins and the cryptocurrency industry is about to be reached.

Ripple CEO Brad Garlinghouse stated that negotiations for the Clarity Act are progressing smoothly and an agreement is expected to be reached soon. He emphasized that the U.S. should pass the bill as soon as possible to solidify its status as a cryptocurrency hub and noted that the use of stablecoins will facilitate the integration of traditional finance with the crypto industry.

The CLARITY Act aims to provide SEC protection for DeFi developers and reduce regulatory uncertainty.

The "CLARITY Act" is an important piece of legislation promoted by U.S. Senator Cynthia Lummis, aimed at providing clear legal protections for DeFi developers and reducing regulatory uncertainty. The bill plans to clarify the regulatory scope of the SEC and CFTC, promote innovation, and attract projects to develop in the United States. The bill is currently still in progress, with a specific implementation timeline yet to be determined.

Bitmain Security Concerns! Warren Sends Letter to the Commerce Department, Inquiring About the Truth of Trump's Family Purchases.

Democratic Party Senator Elizabeth Warren wrote to the Department of Commerce, urging it to investigate the bitcoin mining company Bitmain’s mining rig transactions and their potential threats to national security, amid concerns that the U.S. government is conducting a security review of the company and worries about possible espionage activities. American Bitcoin, owned by the Trump family, purchased 16,000 mining rigs, and Warren questioned the conflict of interest that could influence decision-making.

Canada proposes crypto political donation ban over foreign interference fears

Canada’s federal government has proposed a total ban on cryptocurrency donations to political parties, citing concerns that foreign entities could exploit the technology to interfere in elections. Known as the Strong and Free Elections Act, the bill was introduced on Thursday and proposes to