South Korea is one of the leading crypto hubs with a proactive approach to digital assets. It is actively involved in creating a structured, innovative, and robust regulatory framework for the crypto industry. In 2025, the nation will continue to prioritize transparency and security in its digital economy by tightening the existing rules. Major crypto regulations in South Korea 2025June 1, 2025- Donation MonetizationDuring a virtual asset committee meeting, the financial service commission allowed nonprofits with more than 5 years of experience in operation and verified by external audits to sell donated digital assets. This also includes a 10% daily sales cap…
Author: cryphedge
Author Sujha Sundararajan Author Sujha Sundararajan About Author Sujha has been recognised as 🟣 Women In Crypto 2024 🟣 by BeInCrypto for her leadership in crypto journalism. Share Last updated: June 10, 2025 Why Trust Cryptonews Cryptonews has covered the cryptocurrency industry topics since 2017, aiming to provide informative insights to our readers. Our journalists and analysts have extensive experience in market analysis and blockchain technologies. We strive to maintain high editorial standards, focusing on factual accuracy and balanced reporting across all areas – from cryptocurrencies and blockchain projects to industry events, products, and technological developments. Our ongoing presence in…
Bitcoin (BTC) traded above $110,000 for a second day, up over 1% in 24 hours, buoyed by altcoin rally. DeFi tokens UNI (+24%) and AAVE (+13%) surged following optimistic comments from SEC Chair Paul Atkins. Despite price gains, market sentiment remains cautious, with low funding rates (1.3%) typically seen at bottoms. Bitcoin (BTC) revisited the $110,000 level for the second day in a row on Tuesday, seemingly pulled higher by even more substantial gains among various altcoins. However, despite this upward movement, a prevailing sense of caution and skepticism among traders suggests that the sustainability of this breakout remains in…
Crypto Writer Arslan Butt Crypto Writer Arslan Butt About Author Arslan Butt is an experienced webinar speaker, market analyst, and content writer specializing in crypto, forex, and commodities. He provides expert insights, trading strategies, and in-depth analysis… Share Last updated: June 10, 2025 Why Trust Cryptonews Cryptonews has covered the cryptocurrency industry topics since 2017, aiming to provide informative insights to our readers. Our journalists and analysts have extensive experience in market analysis and blockchain technologies. We strive to maintain high editorial standards, focusing on factual accuracy and balanced reporting across all areas – from cryptocurrencies and blockchain projects to…
The state of Connecticut has passed a law to prohibit the state from investing in Bitcoin (BTC) or in any other virtual currency. The bill dubbed HB7082 and officially titled “An Act Concerning the Regulation of Virtual Currency and State Investments” imposed a comprehensive ban for the state and local governments from investing into crypto assets. The law also introduced new stringent regulations for crypto business within Connecticut’s jurisdiction. Notably, payment applications handling crypto assets in Connecticut must henceforth verify parental consent for users under the age of 18.The bill also stipulated that crypto businesses must adhere to strict anti-money laundering …
In 48 hours, Cardano whales purchased 120 million ADA tokens, and the price went up to $0.716. RSI is showing a positive signal at 61.11, and MACD is in its bullish region. A new Cardinal bridge has been launched on Cardano so that Bitcoin users can exchange it directly for Dapps on Cardano. High-net-worth holders have renewed interest in Cardano (ADA), with recent onchain data showing a massive whale accumulation. In the last 48 hours, crypto analyst Ali notes that wallets holding between 100 million and 1 billion ADA collectively added about 120 million tokens. ADA’s surge in holdings comes…
On-chain data shows that Bitcoin’s (BTC) brief slide to $100,000 strengthened rather than weakened market structure, Glassnode said in a June 10 report.Bitcoin is currently trading at $109,500, after an over 4% climb on June 9 to hit a weekly high of $110,600.The report noted that the 9% drawdown following the June 7 record high of $111,965 resulted in only $200 million in realized losses, which is significantly lower than the prior corrections this cycle.Capitulation limited to recent entrantsMost of the exits came from holders with BTC younger than one week, indicating capitulation by recent entrants rather than broad selling…
The US Securities and Exchange Commission (SEC) asked would-be Solana exchange-traded fund (ETF) sponsors to file amended S-1 Forms within a week, Blockworks reported on June 10, citing three people familiar with the discussions.The sources said that the SEC has informed the issuers that it intends to respond within 30 days of the filings. Additionally, staff directed applicants to clarify procedures for in-kind redemptions and describe how funds might participate in Solana staking. Two of the sources added that regulators seemed open to allowing limited staking inside the product structure. One participant estimated that if the revised filings are received this…
June 10, 2025 – To mark this summer’s Club World Cup, Sportsbet.io is launching one of its biggest promos to date, with more than 10 million USDT up for grabs. Throughout the tournament, which is hosted in the US and brings together 32 of the best club teams in the world, Sportsbet.io will give away a series of 1 million and 2 million USDT jackpots. There will also be a 50,000 USDT prize pool raffle in the lead up to the tournament, and a 100,000 USDT knockout challenge throughout. 350,000 tickets for the competition have already been generated. Shane Anderson, Chief…
Societe Generale has launched its USDCV stablecoin on Solana and Ethereum; trading to start in July. SOL price holds steady as institutional adoption gains traction. Solana ETF decision and upgrades could boost long-term value. Solana’s native token, SOL, continues to draw the attention of institutional and retail investors alike, as the blockchain’s real-world adoption gains a powerful boost from one of Europe’s largest banks. This renewed attention comes amid news that Societe Generale’s digital asset subsidiary, SG-FORGE, will launch a new US dollar-pegged stablecoin, USD CoinVertible (USDCV), on both the Ethereum and Solana blockchains. Societe Generale will launch a dollar-backed…
