South Korea's largest bank, KB Kookmin, has filed 17 different stablecoin-focused trademark applications in parallel with efforts to create the legal basis for stablecoins indexed to local currencies in the country. South Korea's Largest Bank KB Kookmin Files Trademark Applications for Stablecoin Consortium The applications cover possible stablecoin symbols such as KBKRW, KRWKB, KBST, and KRWST. According to data from the South Korea Intellectual Property Rights Information Service (KIPRIS), these applications were filed between Monday and Tuesday. Product classifications include software for virtual/digital currencies and software that manages cryptocurrency transactions with blockchain technology. Speaking to local media outlet Aju Economic News, KB Kookmin officials stated that these trademark applications are part of the bank’s efforts to establish a consortium for the stablecoin space. Other major financial technology firms such as KakaoPay also filed trademark applications for stablecoin symbols in a similar manner last week. According to a report by Economic Review, eight of the country’s leading banks, including KB Kookmin, Shinhan, Woori, Nonghyup, IBK, Suhyup, Citi Korea, and Standard Chartered Korea, are preparing to launch a joint venture to jointly issue a stablecoin pegged to the Korean won. These banks include four of the five largest banks in South Korea. The new entity is expected to be established under a consortium structure in collaboration with organizations such as the Open Blockchain and Decentralized Identifier Association (OBDIA) and the Korea Financial Telecommunications and Clearing Institute (KFTC). The initiative is planned to go live in late 2025 or early 2026. South Korea is on track to become one of Asia’s most innovative and fast-moving countries when it comes to stablecoins, and moves by KB Kookmin and other major banks suggest that the transformation in this space is now moving to the institutional level. *This is not investment advice. Continue Reading: South Korea's Largest Bank KB Kookmin Files Registration Application for Stablecoins! Here Are the Details
Pi Network found support and bounced hard. PI Coin Price Predictions to Watch This Week Key Support levels: $0.52 Key Resistance levels: $0.67 1. Pi Coin Price Rallies Off Support As soon as PI touched the support at $0.52, its price entered into a sustained rally that took it all the way to 64 cents before sellers returned to stop the ascend. This is a significant reversal that could see buyers back in charge to challenge the resistance at $0.67 next. Chart by TradingView 2. Buy Volume Explodes With buyers back, the volume shot up in the past three days. This allowed the price to expand higher by almost 30%. If this cryptocurrency can sustain this buy volume a few more days, then the key resistance is likely to be tested soon. Chart by TradingView 3. Bullish Cross Detected Another positive sign can be seen on the daily MACD which moved to the positive side with a bullish cross. This is a major signal that buyers are back and they mean business. It’s critical for PI to sustain this momentum in the coming days as that can increase the confidence in this move. Chart by TradingView The post Pi Network (PI) Price Predictions for This Week appeared first on CryptoPotato .
ProCap Fund’s recent $386 million Bitcoin acquisition underscores a significant surge in institutional demand for digital assets, marking a pivotal shift in corporate treasury strategies. This move has catalyzed a
XRP anticipates major move as indicators turn neutral
BitcoinWorld SEC Crypto Rules: Unlocking Future Digital Asset Markets with NYSE Are you ready for a seismic shift in how digital assets are regulated in the U.S.? The financial world is buzzing with news of a pivotal meeting between the U.S. Securities and Exchange Commission’s (SEC) Crypto Task Force and the New York Stock Exchange (NYSE). This isn’t just another regulatory chat; it’s a deep dive into shaping the very foundation of SEC Crypto Rules and the future of cryptocurrency in traditional finance. This crucial dialogue signifies a growing recognition by established financial institutions and regulators of the burgeoning digital asset space, moving towards a more structured and regulated environment. What’s Driving the Dialogue on Crypto Regulatory Frameworks ? The cryptocurrency market has evolved from a niche technology to a multi-trillion-dollar industry, attracting both retail and institutional investors. However, its rapid growth has outpaced existing financial regulations, leading to a patchwork of rules and significant uncertainty. This meeting between the SEC and NYSE underscores a critical need for clarity and consistency within crypto regulatory frameworks . The SEC, as the primary regulator for securities markets, and the NYSE, as a cornerstone of global capital markets, are uniquely positioned to influence the direction of digital asset regulation. According to a report from Cointelegraph on X, the discussion focused on several key areas, highlighting the complex challenges and immense opportunities that digital assets present. The primary drivers for this dialogue include: Investor Protection: Ensuring that individuals and institutions investing in digital assets are adequately protected from fraud, manipulation, and market volatility. Market Integrity: Establishing robust rules to prevent illicit activities, ensure fair trading practices, and maintain trust in digital asset markets. Innovation vs. Regulation: Balancing the need to foster technological innovation in the blockchain space with the imperative to create a stable and secure financial environment. Global Harmonization: The desire to align U.S. regulations with international standards, given the borderless nature of cryptocurrencies. A Closer Look: Key Topics Discussed Between SEC and NYSE Crypto The meeting between the SEC Crypto Task Force and the NYSE Crypto team wasn’t merely a high-level discussion. It delved into specific, actionable areas that could redefine how digital assets are traded and listed in the U.S. These key topics are indicative of the industry’s direction and the regulatory bodies’ priorities: Tokenized Equity Trading: Exploring the mechanisms and regulatory implications of representing traditional company shares as digital tokens on a blockchain. This could revolutionize how equities are issued, traded, and settled. Consistent Listing Standards for Spot Crypto ETPs: Addressing the need for uniform and clear guidelines for listing exchange-traded products that hold actual cryptocurrencies, rather than futures contracts. This has been a significant point of contention for the SEC in the past. Fostering a Level Playing Field for Market Participants: Ensuring that all entities, from large financial institutions to individual investors, operate under similar rules and have equitable access to markets, promoting fair competition and preventing monopolistic practices. These points suggest a strategic move towards integrating digital assets more deeply into existing financial structures, while simultaneously attempting to mitigate the unique risks they present. The Promise of Tokenized Equity Trading: Revolutionizing Capital Markets? The concept of Tokenized Equity is not entirely new, but its discussion at such a high-profile meeting signals a serious consideration for mainstream adoption. Imagine owning a fractional share of a company, represented by a digital token on a blockchain. This could unlock unprecedented opportunities: Increased Liquidity: Tokenization can make illiquid assets, like private company shares or real estate, more tradable and accessible to a wider pool of investors. Fractional Ownership: It allows investors to buy smaller, more affordable portions of high-value assets, democratizing access to investments. Enhanced Efficiency: Blockchain technology can streamline processes like clearing and settlement, reducing costs and transaction times. Global Accessibility: Tokenized assets can be traded 24/7 across borders, opening up new markets and investor bases. However, the path to widespread tokenized equity trading is fraught with challenges, primarily around legal certainty, interoperability between different blockchain networks, and ensuring that regulatory oversight can effectively manage these new forms of securities. Navigating the Path for Spot Crypto ETPs : What’s Next? The conversation around Spot Crypto ETPs (Exchange Traded Products) is perhaps one of the most anticipated developments in the U.S. crypto market. Unlike futures-based ETPs, which derive their value from futures contracts, spot ETPs hold the underlying cryptocurrency directly. This offers investors direct exposure to the asset’s price movements without the complexities of direct ownership or managing private keys. The SEC has historically been hesitant to approve spot crypto ETPs, citing concerns about market manipulation, custody risks, and a lack of surveillance-sharing agreements with regulated crypto exchanges. However, the recent approval of several Bitcoin spot ETFs in early 2024 marked a significant shift. The discussion with NYSE on consistent listing standards suggests a move towards establishing a more predictable and transparent framework for these products, potentially paving the way for more diverse spot crypto ETPs, including those for Ethereum and other major cryptocurrencies. Consistent standards would provide clarity for issuers and greater confidence for investors. Why a “Level Playing Field” Matters for Market Participants The idea of fostering a “level playing field” for market participants is fundamental to fair and efficient financial markets. In the context of digital assets, this means ensuring that no single entity or group has an unfair advantage due to regulatory loopholes, technological superiority, or market dominance. For the SEC and NYSE, this involves: Equal Access to Information: All participants should have timely and equitable access to relevant market data and regulatory updates. Fair Competition: Regulations should promote healthy competition among exchanges, custodians, and service providers, preventing monopolies and fostering innovation. Uniform Enforcement: Rules should be applied consistently across all market participants, regardless of their size or influence, to deter illicit activities and ensure compliance. Mitigating Regulatory Arbitrage: Preventing firms from exploiting differences in regulatory oversight across various jurisdictions or asset classes. Achieving a truly level playing field is crucial for building long-term trust in the digital asset ecosystem and encouraging broader institutional adoption. Challenges and Opportunities: What Lies Ahead for U.S. Crypto? While the meeting between the SEC and NYSE signals positive momentum, the path forward for U.S. crypto regulation is not without its hurdles. Challenges include: Rapid Technological Evolution: The pace of innovation in blockchain and crypto often outstrips the ability of regulators to keep up, creating a constant need for adaptable frameworks. Jurisdictional Complexities: Distinguishing between different types of digital assets (e.g., securities, commodities, currencies) and determining which regulatory body has oversight remains a complex issue. Global Coordination: The borderless nature of crypto necessitates international cooperation to prevent regulatory arbitrage and ensure consistent standards worldwide. However, these challenges also present significant opportunities. A clear and comprehensive regulatory framework in the U.S. could: Position the U.S. as a Leader: Attract innovation, talent, and capital, cementing its role as a global financial hub for digital assets. Boost Investor Confidence: Provide the certainty and protection needed for broader institutional and retail participation. Spur Economic Growth: Foster new businesses, job creation, and investment in the burgeoning digital economy. Actionable Insights for Investors and Innovators For those navigating the evolving digital asset landscape, this meeting offers several key takeaways: Stay Informed: Regulatory developments will significantly impact market dynamics. Following official announcements from the SEC and major exchanges like NYSE is crucial. Understand the Nuances: Differentiate between various types of digital assets and their respective regulatory treatments. Not all cryptocurrencies are created equal in the eyes of the law. Prioritize Compliance: For innovators and businesses, building solutions with regulatory compliance in mind from the outset will be key to long-term success. Look for Institutional Adoption: The increasing engagement of traditional financial powerhouses like NYSE signals a maturing market, potentially leading to more stable and liquid trading environments. Conclusion: A New Dawn for Digital Asset Regulation? The meeting between the U.S. SEC Crypto Task Force and the New York Stock Exchange is more than just a procedural discussion; it’s a powerful indicator of the growing mainstream acceptance and integration of digital assets into the global financial system. By addressing critical issues like Tokenized Equity trading, consistent standards for Spot Crypto ETPs , and fostering a level playing field, these influential bodies are laying the groundwork for a more robust, secure, and accessible digital asset market. While challenges remain, this collaborative effort marks a significant step towards bringing much-needed clarity and structure to the exciting world of cryptocurrencies, promising a brighter, more regulated future for all market participants. To learn more about the latest crypto regulatory frameworks trends, explore our article on key developments shaping digital assets institutional adoption. This post SEC Crypto Rules: Unlocking Future Digital Asset Markets with NYSE first appeared on BitcoinWorld and is written by Editorial Team
A 2014 email exchange has resurfaced online, confirming a fact long known by early blockchain enthusiasts but often overlooked in broader public discourse: Ripple predates Bitcoin. Brought back into the spotlight by X user SMQKE, this email thread features notable contributors discussing the origins and purpose of Ripple, offering rare clarity about one of the oldest digital payment systems in the crypto space. Ripple’s Early Origins: 2004 and Ryan Fugger’s Vision The email confirms that the earliest version of Ripple was conceived in 2004 by Canadian developer Ryan Fugger. As stated in the thread by Bailey Reutzel, “The first iteration of Ripple was conceived by Ryan Fugger in 2004.” Fugger initially envisioned RipplePay as a decentralized system for individuals to issue and exchange credit based on trust, well before the emergence of blockchain as a concept. This early version of Ripple was not designed as a cryptocurrency, but rather as a peer-to-peer financial system focused on community-based value exchange. It wasn’t until years later, with the rise of Bitcoin, that Ripple shifted focus toward building blockchain-native infrastructure. 2014 E-mails confirm: “Ripple is older than Bitcoin.” pic.twitter.com/9c8cOF4065 — SMQKE (@SMQKEDQG) June 24, 2025 Ripple vs. Bitcoin: Setting the Timeline Straight The email strongly counters the notion that Ripple was designed solely to profit from Bitcoin’s success. Jeffrey Cliff, responding to an earlier message, asserted: “Ripple predates Bitcoin, and the hype that followed.” This refutes the notion that Ripple was created in response to Bitcoin. Bitcoin’s whitepaper, authored by Satoshi Nakamoto, was published in late 2008, with the genesis block mined in January 2009. In contrast, Ripple’s development had already begun five years earlier under Fugger’s guidance. This timeline confirms Ripple’s independent conceptual genesis, making it one of the oldest projects in the digital currency space. Chris Larsen and the Transformation of Ripple The emails also delve into how Ripple evolved from Fugger’s initial concept into its current state. As Bailey Reutzel explains, Chris Larsen, described as a “serial financial services disruptor”, saw potential in the Ripple idea and sought to develop it further. Under his leadership, Ripple was reshaped to appeal to the financial mainstream, particularly as interest in Bitcoin grew. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Reutzel notes that Larsen likely positioned Ripple as a cryptocurrency not because of its core design, but as a means to attract attention during the early crypto boom. She writes: “Larsen pushed this as a cryptocurrency to catch attention, because the platform itself is not really about cryptocurrency at all.” XRP vs. Ripple: Understanding the Distinction Another important clarification comes from a participant named Evan, who emphasizes the need to differentiate between Ripple and XRP. He writes, “The distinction between Ripple the network and Ripple the currency is often quite confusing, so I think it’s most helpful to call the network Ripple and the currency just XRP .” This separation remains relevant today, particularly in regulatory discussions and in understanding the XRP Ledger’s open-source nature. This email exchange offers rare historical insight into Ripple’s legacy. It confirms that Ripple is not a Bitcoin derivative, but an independent financial innovation that predates the world’s first cryptocurrency by several years. As crypto continues to evolve, understanding the foundational histories of these platforms is more important than ever, especially when clarity is often lost in hype and misinformation. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post This 2014 Email Confirms Ripple Is Older Than Bitcoin appeared first on Times Tabloid .
Ripple CEO finally speaks on update everyone in XRP community is watching
On June 25, credible sources revealed that leading U.S. financial institutions, including Nasdaq and the New York Stock Exchange (NYSE), are actively engaging with the U.S. Securities and Exchange Commission
Institutional accumulation of Bitcoin ( BTC ) continues at full throttle. On June 25, blockchain data flagged by Arkham Intelligence revealed that BlackRock and Fidelity collectively acquired more than $521 million worth of BTC in a single day. According to the transfer logs, BlackRock’s IBIT ETF address received 4,130 BTC, valued at approximately $436.3 million at the time of transfer, with the purchase coming from Coinbase Prime’s institutional custody, signaling a high-confidence allocation into BlackRock’s spot Bitcoin ETF structure. BlackRock is buying Bitcoin Fidelity is buying Bitcoin Grayscale is buying Bitcoin What do you think happens next? pic.twitter.com/D8Q2p5YIkG — Arkham (@arkham) June 24, 2025 Fidelity wasn’t far behind, snapping up 805 BTC worth $85.2 million, with two separate transfers of 74.5 BTC and 394.27 BTC routed to its FBTC ETF address. Both were executed within hours of each other, pointing to methodical layering of exposure. Institutions load up on Bitcoin Also active was Grayscale, which added 55.1 BTC ($5.8 million) to its GBTC trust, despite its gradual outflow trend over recent months. While smaller in scale, it still adds to the week’s net-positive ETF activity. Bitwise and ARK Invest also recorded sizable movements, with Bitwise shuffling 141.4 BTC between its own addresses and ARK moving nearly 40 BTC internally, routine ETF wallet rebalancing but notable in context. The renewed inflows from top-tier asset managers are especially telling given Bitcoin’s consolidation above $105,000, and increasing expectations around ETF-driven Q3 demand. While retail sentiment has cooled somewhat, institutional positioning suggests that the larger players are preparing for a potential leg higher. The post BlackRock and Fidelity just scooped up over half a billion dollars in Bitcoin appeared first on Finbold .
NYSE submitted a proposal for a Bitcoin and Ethereum ETF linked to Trump Media. The ETF is designed to mirror Bitcoin and Ethereum prices, enhancing investment choices. Continue Reading: Trump Challenges Crypto Boundaries with NYSE Rule Change Proposal The post Trump Challenges Crypto Boundaries with NYSE Rule Change Proposal appeared first on COINTURK NEWS .