South Koreas largest financial groups are set to meet officials from Tether and Circle Internet (CRCL), issuers of the two largest stablecoins, as early as this week, according to Yonhap.
In separat… [+1215 chars]

In separate meetings, executives from Shinhan, Hana, KB Financial and Woori Bank will explore the role of dollar-pegged and won-pegged stablecoins in the country.

CoinDesk

South Korea’s Top Banks Said to Meet Tether, Circle on Stablecoin Partnerships: Report

Stablecoins, digital tokens tied to predominantly fiat currencies like the U.S. dollar, will balloon to a $1.2 trillion market by 2028 and even have an impact on U.S. debt markets, Coinbase analysts … [+1660 chars]

The target translates to stablecoins growing almost five-fold from the current market size of $270 billion.

Stablecoin Market Could Hit $1.2T by 2028, Maybe Affecting U.S. Government Debt Yields: Coinbase

In today's Crypto for Advisors newsletter, Patrick Murphy from Eightcap, provides insights on the maturation of crypto as an asset and compares the evolution of Indices to the S&amp;Ps early days.
T… [+7832 chars]

Crypto may be nearing its S&P 500 moment, with indices set to provide legitimacy, structure, and mainstream adoption for digital assets.

Crypto for Advisors: From Equities to Crypto

Stablecoin-focused blockchain startup Plasma's new on-chain yield program with crypto exchange Binance attracted $250 million in deposits on Wednesday, reaching the facility's limit in less than an h… [+1115 chars]

The on-chain yield program quickly attracted investors with offering Plasma's XPL native token rewards.

Plasma's $250M USDT Yield Program on Binance Filled in Less Than an Hour

Money laundering has long been a scourge of the cryptocurrency sector, and the industry has a new answer meant to demonstrate it can head off major problems before they accelerate: the Beacon Network… [+4696 chars]

An industry-wide project led by TRM Labs is officially going live, and includes law enforcement and the major exchanges such as Coinbase and Binance.

Crypto Offers Answer to Money Laundering Crisis: Global Alert Network Called 'Beacon'

Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk's Crypto Daybook… [+2969 chars]

Glassnode's data shows fragile positioning after Bitcoin’s retreat from record highs, while Enflux points to institutional capital and regulatory alignment quietly reshaping the market.

Asia Morning Briefing: Market Observers Say Bitcoin’s Structure Looks Weak Even as Industry Strengthens

Tether, the crypto firm behind the largest stablecoin USDT (USDT), said on Tuesday it has appointed Bo Hines, former executive director of the White House Crypto Council under President Donald Trump,… [+1378 chars]

Hines will guide Tether’s U.S. market push, focusing on policy engagement and digital asset growth, the firm said.

Tether Taps Bo Hines, Former White House Crypto Council Head, as Advisor for U.S Strategy

The U.S. Treasurys Office of Foreign Assets Control (OFAC) on Thursday sanctioned a network of companies, exchanges and executives linked to shuttered Russian crypto exchange Garantex and the ruble-b… [+2733 chars]

U.S. officials accused Garantex, Grinex, A7A5 token issuers and executives of laundering ransomware proceeds and evading sanctions.