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The recent push by major South Korean banks to reform the country’s restrictive banking-to-crypto exchange policy is long overdue. The existing one-bank-per-exchange framework, first implemented in 2018, was ostensibly designed to bolster anti-money laundering measures. However, it has morphed into a bureaucratic nightmare that stifles competition and innovation. The rigid exclusivity of this system severely
In the ever-fluctuating world of cryptocurrency, Cardano (ADA) appears to be navigating stormy waters as bearish sentiments grip the market. Recent analyses underscore an alarming predicament that suggests ADA might soon find itself beneath the $0.40 threshold. These downward trends aren’t isolated; they reflect broader market volatility and hesitance among investors enthralled by fluctuating sentiments
In a bold move that has sent shockwaves through global financial markets, President Donald Trump recently announced a 90-day trade pause with numerous nations, sparking a blend of optimism and trepidation among investors. While the announcement, which somewhat alleviated concerns regarding escalating tariffs, was initially greeted with enthusiasm, it also leaves us questioning the long-term
In a groundbreaking shift, the US-developed web3 game Shrapnel has won approval to operate on China’s state-supported RWA Copyright Chain. This pivotal achievement positions Shrapnel as the first foreign blockchain-based game allowed to navigate the complex waters of Chinese law. The ramifications of this decision could echo across the gaming landscape, particularly when considering the
As we navigate the tumultuous waters of 2025, the global economic landscape has been irrevocably altered by the aggressive trade policies instituted by President Trump. The administration’s rapid implementation of import tariffs has upended previously stable trade relationships, creating a climate rife with uncertainty and volatility. These changes have inevitably impacted not only traditional markets
James Murphy’s recent legal maneuver to unearth the identity of Bitcoin’s enigmatic creator, Satoshi Nakamoto, through a Freedom of Information Act (FOIA) lawsuit against the Department of Homeland Security (DHS) throws a spotlight on issues far more complex than financial transparency. While Murphy attempts to shed light on a mystery that has captured the imagination
The Federal Deposit Insurance Corporation (FDIC) is embarking on an unexpected journey into the world of cryptocurrency, proactively embracing a landscape that has long been marred by uncertainty and skepticism. Their latest statements, particularly from Acting Chairman Travis Hill, signal a fundamental shift in how the agency views the integration of public blockchains within the
In the ever-volatile world of cryptocurrencies, the recent rebound of Bitcoin to the astonishing price of $80,000 is anything but a quiet affair. Shocking not just market analysts but everyday investors, this surge comes on the heels of a far-reaching economic storm, largely ignited by concerns over U.S. tariff policies under the previous administration. It