// RECENT_TRANSMISSIONS (15 posts)
South Korea Set to Legalize Tokenized Securities, Opening Door for Bitcoin ETFs
South Korea is on the verge of passing legislation to legalize security token offerings (STOs), a move insiders and lawmakers claim effectively clears the regulatory blockade against spot Bitcoin ETFs. The National Assembly is poised to approve amendments to the Capital Markets Act before the year ends. The bill reclassifies tokenized securities as legitimate financial […]
Krugman: Bitcoin ‘Trump Trade’ Is Unraveling as President’s Power Fades
Nobel laureate Paul Krugman declared the “Trump Trade” dead on arrival this week, arguing that Bitcoin’s retreat from its $126,000 all-time high is a direct casualty of President Trump’s collapsing political capital. In a blistering Substack post, the economist claimed the crypto market has morphed into a leveraged bet on the administration’s survival. The thesis? […]
Thailand Orders Worldcoin to Delete 1.2M Iris Scans
Thailand’s Personal Data Protection Committee (PDPC) ordered Worldcoin (now World) to immediately suspend operations and delete biometric data collected from 1.2 million citizens. The regulator ruled that the project’s core model—scanning irises in exchange for WLD tokens—violates the country’s Personal Data Protection Act. WLD traded at $0.64 on the news, down 95% from its all-time […]
US Probes Bitmain Over National Security Threat
The U.S. government is investigating Bitmain, the world’s largest manufacturer of Bitcoin miners, over fears its machines could be used for espionage or to sabotage critical infrastructure. The Department of Homeland Security (DHS) is leading the probe, codenamed ‘Operation Red Sunset,’ examining whether Bitmain’s mining rigs can be remotely controlled from China. As part of […]
Naver Swallows Upbit Operator in $10.3B Fintech Power Play
South Korean tech titan Naver confirmed Friday it will acquire Dunamu, operator of the nation’s dominant crypto exchange Upbit, in an all-stock deal valuing the target at $10.3 billion (15.1 trillion won). The acquisition creates a $15 billion fintech colossus, merging Naver’s 34 million payment users with an exchange that controls nearly 80% of South […]
UAE Central Bank Seizes Control of DeFi: Fines Hit $272M
UAE Central Bank Seizes Control of DeFi: Fines Hit $272M The United Arab Emirates has effectively outlawed the "just code" defense. Under Federal Decree Law No. 6 of 2025, enacted this week, the Central Bank of the UAE (CBUAE) now holds absolute regulatory authority over all digital asset activities, including DeFi protocols, stablecoins, and decentralized […]
S&P Downgrades Tether to ‘Weak’ as Bitcoin Exposure Swells
S&P Downgrades Tether to ‘Weak’ as Bitcoin Exposure Swells S&P Global Ratings downgraded Tether (USDT) to its lowest stability assessment Wednesday, warning that the stablecoin’s growing appetite for volatile reserve assets has compromised its safety cushion. The agency cut USDT from ‘constrained’ (4) to ‘weak’ (5), citing a reserve composition that now relies too heavily […]
Spain’s Sumar Proposes 47% Tax on Crypto, Asset Seizures
Spain’s Governing Partner Pushes 47% Crypto Tax Hike Spain’s Sumar parliamentary group has introduced amendments to reclassify cryptocurrency profits as “general income,” a move that would hike the top marginal tax rate from 28% to 47%. The proposal, reported by CriptoNoticias, targets the General Tax Law to strip digital assets of their “savings income” status. […]
Grayscale Files for Zcash ETF, Targets First Privacy Coin Listing
Grayscale Files to Convert Zcash Trust to ETF Asset manager Grayscale filed a Form S-3 with the SEC Wednesday to convert its Grayscale Zcash Trust (ZCSH) into a spot ETF. If approved, the product would mark the first privacy-focused cryptocurrency ETF listed on a U.S. exchange. The filing arrives as Zcash (ZEC) consolidates after a […]
Binance Sued for $1B by Oct 7 Victims Over Terror Financing
Barely a month after President Trump pardoned founder Changpeng Zhao, Binance faces a massive new legal threat. Families of 306 victims of the October 7 attacks sued the exchange Monday in North Dakota federal court, alleging it knowingly processed over $1 billion for Hamas and other terror groups. BNB shrugged off the news, trading up […]