Will Lee Jae-myung’s Won-Backed Stablecoin Stem Korea’s $40.8B Crypto Outflow?

South Korea’s presidential hopeful Lee Jae-myung has outlined a won-backed stablecoin market that he says will plug a ₩56.8 trn crypto capital leak, lessen dependence on USDT/USDC, and complement plans to legalize spot crypto ETFs and regulated institutional investments.
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Robinhood Pushes SEC for Tokenized RWAs as $30 Trillion Market Looms

Robinhood has proposed a federal framework for tokenized real-world assets, urging the SEC to treat stock- and bond-backed tokens as legal equivalents. Its 42-page filing describes an RRE exchange that blends off-chain matching, on-chain settlement, identity verification, and AML compliance.
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Kraken Unveils Europe’s Largest Regulated Crypto Derivatives Platform – Will It Reshape the Market?

Kraken has expanded in Europe by unveiling a MiFID II-regulated derivatives venue via its Cyprus unit, Payward Europe. The platform offers perpetual and fixed-maturity crypto contracts, combining local fiat support with flexible collateral to meet institutions’ demand for compliant trading.
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