South Korea Moves Toward Legalizing Stablecoins With New Crypto Legislation
South Korea is advancing plans to legalize stablecoins, with President Lee Jae-myung quickly acting on his campaign promises. His party has introduced a bill focused on developing the domestic crypto landscape. According to a Bloomberg report, the ruling Democratic Party presented the Digital Asset Basic Act on Tuesday, a legislative proposal designed to enhance transparency […]
Michael Saylor Urges Apple to Buy Bitcoin Amid Disappointing Stock Buyback Results
Apple, the fourth-largest company globally by market value, is facing renewed criticism over the effectiveness of its stock repurchase strategy — and one major voice in the crypto space has a bold suggestion: buy Bitcoin. MicroStrategy’s executive chairman, Michael Saylor, took to X (formerly Twitter) on June 10, stating plainly, “Apple should buy Bitcoin.” His […]
BlackRock’s Bitcoin ETF Breaks Records, Soaring Past $70B in Assets
BlackRock’s spot Bitcoin ETF, iShares Bitcoin Trust (IBIT), has made history by crossing $70 billion in assets under management (AUM) faster than any ETF before it. According to ETF expert Eric Balchunas, the fund reached this milestone in just 341 days — a record-setting pace that easily outperformed the previous benchmark set by SPDR Gold […]