South Korea's ruling Democratic Party is targeting March of next year for the final passage of a bill authorizing won-pegged stablecoins, Financial News reported. The party plans to focus on resolving...

South Korea's ruling Democratic Party is targeting March of next year for the final passage of a bill authorizing won-pegged stablecoins, Financial News reported. The party plans to focus on resolving differences with financial authorities for the remainder of this year. According to the report, the strategy is to introduce the legislation in January, allowing it to pass through deliberation and review stages before a plenary session vote in March, ahead of the local election season.

Ruling party targets March for won-pegged stablecoin bill

The US Federal Reserve (Fed) recently officially withdrew its controversial regulatory guidance for banks wishing to enter the cryptocurrency field, indicating the agency's stance on...

The Fed reverses policy of preventing banks from participating in digital assets.

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Singaporean businessman loses all cryptocurrency assets after downloading a fake game.

A series of cryptocurrency companies that have broken through industry boundaries have entered the stock market, attracting investors while also contributing to the continued high level of market risk.