South Korea’s FSC To Prohibit Stablecoin Interest Payments In Upcoming Framework
South Korea’s Financial Services Commission (FSC) will reportedly follow US regulatory steps and include a ban on stablecoin interest payments in its highly anticipated framework, expected to be released later this year. FSC To Prohibit Interest Payments on Stablecoins On Monday, Yonhap News reported that Financial Services Commission Chairman...
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Ethereum core dev criticizes Vitalik Buterin’s influence, cites centralization
Centralized governance in Ethereum may hinder decentralization goals, risking protocol capture and diminishing developer engagement and innovation. The post Ethereum core dev criticizes Vitalik Buterin’s influence, cites centralization appeared first on Crypto Briefing....
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Stock Market Insights: Stop Waiting & AI Growth Secrets! #shorts
A crypto miner is shifting focus to AI cloud services, utilizing its GPU infrastructure. The AI business is rapidly expanding, targeting over $500 million ARR by Q1 next year. Recurring revenue is what Wall Street wants. #cryptomining #AI #cloudservices #GPU #ARR...
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SunPerp waives maker fees through Nov. 3 to boost trading activity
SunPerp’s fee waiver could increase platform engagement, potentially attracting more liquidity and enhancing its competitive edge in the crypto market. The post SunPerp waives maker fees through Nov. 3 to boost trading activity appeared first on Crypto Briefing....
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Bitcoin Hits Key Support: Bull Run or Bull Trap?
Bitcoin has returned to a key technical level that has played a central role in previous rallies. The 50-week Simple Moving Average (SMA), often called the bull market baseline by traders, has acted as a reliable support zone since early 2023. As of press time, Bitcoin is trading at...
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Chinese Tech Titans Retreat From Hong Kong Stablecoin Launch After Beijing Warning
Chinese tech giants Ant Group and JD.com have paused plans to issue stablecoins in Hong Kong after being told to stop by mainland regulators, according to reports. The move comes as Beijing reasserts control over who can issue money-like tokens, even as Hong Kong builds a legal path for...
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Dogecoin’s $0.21 Problem: Why This Analyst Says Keep It On Your Radar
On Monday, social media influencer Ali Martinez, known popularly on X as Ali, drew the attention of the crypto community to an important resistance level for Dogecoin (CRYPTO: DOGE). Major Technical Barrier For DOGE Ali underscored how 10.50 billion DOGE were recently accumulated at $0.21—a price that could now act as...
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Asia Morning Briefing: Bitcoin Holds Steady as Market Resets After Leverage Flush
Glassnode says last week’s selloff “cleared out excess without breaking structure,” while Enflux points to renewed institutional layering from Blockchain.com’s SPAC and Bitmine’s $800 million ETH buildout as signs of deeper market resilience....
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Senate Republicans Call for Own Meeting With Crypto CEOs After Democrats’ Sitdown
GOP lawmakers are scheduling a followup meeting with crypto CEOs after they meet this week with Senate Democrats on the market structure bill, sources say....
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Japan to Ease Crypto Rules, Banks Could Soon Trade or Store Bitcoin Under FSA Proposal
Japan’s Financial Services Agency (FSA) is weighing a landmark reform that would let domestic banks buy, hold, trade, and custody Bitcoin and crypto, treating them more like stocks or government bonds under a unified, prudential framework. The plan, set for discussion at an upcoming Financial Services Council meeting, would...
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