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Bank of Korea stands firm on bank-led stablecoin push as deposit token pilots advance

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The Bank of Korea reiterated its call for bank-led won stablecoin issuance while advancing deposit token pilots, as issuer rules remain a sticking point in South Korea’s digital asset bill.

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Coin Market

Interpol operation exposes $122M crypto wallet tied to romance scam laundering

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Interpol said a suspect’s crypto wallet processed over $122.5 million in 10 months as authorities uncovered the scheme during a global anti-fraud operation that led to 5,811 arrests.

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Coin Market

Sony Bank gets US regulator nod to issue stablecoins

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Sony Bank received preliminary approval from the Office of the Comptroller of the Currency to establish a US stablecoin issuance business, with $40 million in starting capital.

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Bitcoin ETFs end ‘most overwhelming’ $2.7B sell-off amid new $85M net outflow

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Bitcoin spot ETFs posted a fresh net outflow on Wednesday as analysis said that their “most overwhelming” outflow streak had ended without a clear demand recovery.

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