South Korean Lawmaker Proposes ETF Bill to Include Virtual Assets

Key Takeaways: A bill proposes expanding South Korea’s Capital Markets Act to include digital assets as underlying ETF assets. Trust companies could legally hold and manage digital assets, under clearer rules for delegation and custody. Some industry figures warn that brokering derivatives tied to digital assets requires rigorous risk controls. Min Byung-deok, a member of […]
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Owning Bitcoin Will Be The New American Dream, CZ Says

Owning Bitcoin will replace home ownership as the American dream, former Binance CEO Changpeng “CZ” Zhao told his followers on social media this week.Bitcoin Ownership Is The New American Dream, CZ Says A June 26 X post from Zhao shows the crypto entrepreneur celebrating U.S. Federal Housing Finance Agency (FHFA) Director Bill Pulte’s decision to […]
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New Hong Kong Roadmap Proposes Unified Licensing for Crypto

Key Takeaways: Hong Kong’s new policy assigns crypto licensing duties to the SFC and HKMA based on entity type. Tokenized government bonds will become a regular offering, with broader asset classes targeted for tokenization. Industry leaders say the plan provides a clearer path for RWA and fund tokenization in financial markets. The Financial Services and […]
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CoreWeave Returns With New $1B+ Bid for Core Scientific After Rejection

CoreWeave is back at the negotiating table with a renewed push to acquire Core Scientific, according to a report from The Wall Street Journal. The AI-focused cloud infrastructure firm is reportedly in advanced talks to buy the Bitcoin mining and hosting giant, after a previous $1 billion bid was rejected last year.Core Scientific Jumps 27% […]
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