South Korea’s BDACS to Launch KRW1 Stablecoin on Circle’s Arc Blockchain

South Korean crypto custodian BDACS plans to issue a won-backed stablecoin, “KRW1,” on Circle’s newly launched blockchain Arc. The Busan-based company signed a memorandum of understanding (MOU) with Circle to develop and deploy KRW1 on Arc, establishing what it called an “organic cooperative framework,” according to a Wednesday report by the Yonhap News Agency. “This…

Stablecoin Inflows Rise Before Fed Rate Decision: Crypto Daybook Americas

By Francisco Rodrigues (All times ET unless indicated otherwise) Bitcoin BTC$113,220.86 is hovering around $113,000 after dropping 1.4% in 24 hours, while the broader crypto market, measured via the CoinDesk 20 (CD20) index, fell 2%. The declines come amid a rotation into stablecoins ahead of the Federal Reserve’s policy decision later today. A 25 basis…

‘No BlackRock, No Party’ For Bitcoin, Altcoin ETF Investments

The long-awaited approval of altcoin exchange-traded funds (ETFs) may not bring the massive inflows investors expect without participation from asset management giant BlackRock, according to market data. BlackRock’s iShares Bitcoin Trust ETF received $28.1 billion in investments in 2025, as the only fund with positive year-to-date (YTD) inflows, pushing total spot Bitcoin ETF inflows to…

Senate Democrats Probe Trump’s Pardon of Binance Co-Founder CZ

Democratic Party senators have requested that US Attorney General Pam Bondi and the US Department of Justice provide additional information regarding the pardon of Binance co-founder Changpeng “CZ” Zhao by President Donald Trump. In an open letter on Tuesday, seven Democratic senators wrote that the pardon “signals to cryptocurrency executives and other white-collar criminals that…

Is Mt. Gox Repayment Delay Bullish or Bearish Long-Term?

Key takeaways: Institutional demand and ETF inflows have thus far absorbed the redistributed BTC from Mt. Gox. Rate cuts, trade optimism, and rising global liquidity strengthen Bitcoin’s path toward $150,000–$500,000. Mt. Gox, a defunct crypto exchange, has postponed repayments to its creditors by a year and remains in control of around $4 billion in Bitcoin…

Trump-linked World Liberty To Airdrop $1.2M In WLFI Tokens

World Liberty Financial (WLFI), a crypto venture affiliated with US President Donald Trump, plans to distribute 8.4 million WLFI tokens worth about $1.2 million to early participants in its USD1 stablecoin loyalty program. The airdrop will reward users who joined the USD1 Points Program, launched two months ago to promote adoption of World Liberty’s US…

French Gov’t Set to Review Motion to ‘Embrace Bitcoin and Cryptocurrencies’

Lawmakers in France will review a proposal that may have significant implications for the country’s adoption of digital currencies, from stablecoins to Bitcoin (BTC). In a motion for a resolution introduced on Wednesday, Éric Ciotti of the Union of the Right for the Republic led a proposal for France’s national assembly to ban the digital…

Korea’s Bank-Led Stablecoin Rollout Lacks Logic: Kaia Exec

The Bank of Korea’s push for the banking sector to lead the rollout of won-denominated stablecoins lacks logic, says Dr. Sangmin Seo, the chair of the Kaia DLT Foundation. In a report released on Monday, the central bank argued that banks are already subject to strict regulations, including capital, foreign exchange, and Anti-Money Laundering requirements,…

Ethereum’s Fusaka Fork Set for Mainnet After Hoodi Debut

Ethereum’s next major upgrade, Fusaka, is now live on the blockchain’s final testnet, Hoodi, setting the stage for its Dec. 3 mainnet launch that is slated to add several scalability and security improvements to the network. “Another smooth upgrade, another key milestone on the road to Fusaka,” Nethermind said in a post to X on…

Polymarket Eyes November for US Relaunch

Today in crypto, Polymarket is preparing to relaunch trading services in the United States within weeks. Circle has debuted the Arc blockchain testnet with support from more than 100 institutions, including BlackRock, Goldman Sachs, Visa and Mastercard, and a US lawmaker wants to bar Trump, his family and elected officials from trading crypto and stocks….