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bitcoinist.com Stablecoins Rise, Cards Fall: Experts See Big Tech Gaining In South Korea

South Korea is on the verge of setting clear rules for stablecoins. Lawmakers are moving fast. If passed, the Digital Asset Innovation Act could reshape how people pay for goods and services. It will also test the strength of banks and card companies. Related Reading: Bitcoin Weathers The Iran-Israel Storm Better Than Wall Street’s Best—Analyst […]

news.bitcoin.com Top Regulators Forge US-UK Alliance to Oversee Digital Assets

U.S. and U.K. regulators are accelerating unified oversight of digital assets, stablecoins, AI in finance, and cross-border innovation, reshaping global markets and fortifying financial stability. US-UK Power Bloc Moves Aggressively on Digital Assets and Global Financial Stability The U.S. Department of the Treasury issued a Joint Statement on the U.S.-U.K. Financial Regulatory Working Group on […]

bitcoinist.com Bitcoin Absorbs $66B In Profit-Taking From Recent Buyers – New Demand Keeps Price Stable

Bitcoin is once again at a critical juncture after reclaiming key levels above the $105,000 mark. Over the weekend, BTC experienced extreme volatility triggered by the US military’s strike on Iran’s nuclear facilities, sparking panic across global markets. However, yesterday’s announcement of a ceasefire between Israel and Iran brought relief, fueling a sharp recovery in […]

news.bitcoin.com Korean Central Bank Advocates Measured Stablecoin Approach

South Korea’s central bank is advocating for a phased introduction of won-denominated stablecoins, initially prioritizing regulated commercial banks for their issuance. Stablecoins Could Significantly Influence Korean Monetary Policy South Korea’s central bank is advocating for a phased introduction of won-denominated stablecoins, prioritizing rigorously regulated commercial banks for initial issuance. According to Ryoo Sang-dai, senior deputy […]

bitcoinist.com US FHFA to Study Use of Crypto Holdings in Mortgage Qualification Criteria

The Federal Housing Finance Agency (FHFA) in the United States is exploring whether crypto assets like Bitcoin and stablecoins could be considered part of the asset base used to determine mortgage eligibility. The move could significantly impact how financial institutions assess creditworthiness, especially if cryptocurrency becomes formally recognized in the mortgage underwriting process. Related Reading: […]