Lawmakers push for government proposal by December 10 to accelerate local crypto legislation South Korea’s ruling Democratic Party has issued an ultimatum to financial authorities to submit a proposal for stablecoin regulation by December 10, signaling urgency in establishing a domestic framework. The party intends to pass the bill into law during the current National Assembly session, with a target for January enactment. Ultimatum to Authorities Lawmakers told the Financial Services Commission (FSC) that failure to submit the proposal will prompt the party to advance a legislator-initiated bill. Kang Jun-hyeon, a Democratic Party lawmaker and secretary of the National Assembly’s…
Author: Blockto Team
Digital asset treasury firm expands holdings despite being underwater; Bitcoin ATH timeline revised BitMine Immersion Technologies has purchased an additional 23,773 Ether over the past three days, bringing its total ETH holdings past $10 billion. The acquisitions coincide with a revised Bitcoin all-time-high (ATH) prediction by BitMine chairman Tom Lee, reflecting a cautious approach amid a broader market slowdown. Ether Accumulation Continues According to blockchain analytics, BitMine acquired 16,693 ETH for roughly $50.1 million on Saturday and another 7,080 ETH for $19.8 million on Monday, totaling nearly $70 million. The firm now holds 3.7 million ETH at an average cost…
Dormant wallet revives, signaling long-term confidence in the network An early Ethereum investor has moved $120 million worth of ETH into staking after remaining inactive for ten years. Unlike other high-profile “whale” movements that spark selling concerns, this wallet demonstrates a continued commitment to the Ethereum network rather than an intent to liquidate. ICO Wallet Awakens Blockchain data shows the wallet holds 40,000 ETH, originally purchased during Ethereum’s 2015 genesis block for roughly $12,000. Instead of transferring the tokens to an exchange, the holder placed the entire balance into staking. This move reflects a strategy of earning rewards while maintaining…
Move aims to replace CEA’s leadership amid declining shareholder value and underperforming crypto holdings Changpeng Zhao’s YZi Labs is attempting to reshape the board of CEA Industries, a company that pivoted to managing BNB digital assets but has seen its shares fall sharply. In a recent regulatory filing, YZi called on shareholders to support its nominees and reverse bylaw changes made since July, citing a need to halt the “continued destruction of stockholder value.” Board Shakeup Proposal YZi Labs intends to expand CEA’s board and install its own directors, a step that would effectively place control of the world’s largest…
Surging volatility and rising participation push Ether futures ahead of Bitcoin on CME, even as the wider market retreats. Ether-linked derivatives on the Chicago Mercantile Exchange have moved into the spotlight after trading activity in ETH futures edged past Bitcoin contracts. The development has stirred renewed debate over whether Ether could be entering a longer-term period of accelerated growth — a so-called “super-cycle” — despite a month marked by heightened market stress. Ether Futures Outpace Bitcoin For the first time, open interest in Ether futures on CME climbed above Bitcoin during July, a shift driven in part by what analysts…
Deal expands defined-outcome ETF portfolio and deepens the bank’s exposure to crypto-related investment products. Goldman Sachs has reached an agreement to purchase Innovator Capital Management for approximately $2 billion, a move that brings a prominent issuer of defined-outcome ETFs — including a Bitcoin-linked product — into its asset management division. The transaction is expected to close in the second quarter of 2026 and will add roughly $28 billion in supervised assets to a platform that already oversees more than $3 trillion. Defined-Outcome ETF Expansion The acquisition supports Goldman’s effort to scale its lineup of active and outcome-oriented ETFs. Defined-outcome strategies…
Coinbase’s latest transparency report indicates that international agencies, rather than domestic ones, accounted for the majority of law-enforcement information requests the crypto exchange received over the past year. The findings highlight growing global oversight of digital-asset activity as regulators intensify their focus on cross-border investigations. International Agencies Take the Lead From October 2024 through September 2025, Coinbase logged 12,716 requests from law-enforcement bodies—a 19% increase compared with the previous reporting period. The company said that 53% of those inquiries originated outside the United States. According to the report, agencies in the U.S., Germany, the United Kingdom, France, Spain and Australia…
Platform seeks deeper crypto liquidity and enhanced user privacy through blockchain-based trading Kalshi, the regulated predictions marketplace, has begun issuing tokenized versions of its event contracts on the Solana blockchain, marking a significant expansion of the platform’s reach into the digital-asset ecosystem. The shift allows users to buy and sell blockchain-based representations of wagers on topics ranging from U.S. elections to sports outcomes, introducing new liquidity channels and potentially greater user privacy. Solana Integration Opens New Liquidity Pipelines The tokenized contracts, now live on Solana, enable market participants to trade positions through on-chain transfers rather than only via Kalshi’s existing…
Ryan Navi takes CIO role as Solana-focused treasury firms confront sharp equity declines Forward Industries has tapped former ParaFi Capital executive Ryan Navi as its new chief investment officer, tasking him with guiding the company’s expanding Solana-focused treasury strategy at a moment when the sector’s publicly listed peers are facing steep market drawdowns. Navi will oversee capital-markets initiatives, portfolio structuring, and the firm’s use of staking and validator operations to grow its holdings of SOL, according to Forward Industries’ announcement on Monday. The move builds on the company’s recent pivot into on-chain treasury management, a shift from its historical role…
Move gives more than 50 million clients access to regulated digital-asset funds for the first time Vanguard, one of the world’s largest asset managers, will begin allowing clients to trade a selection of cryptocurrency exchange-traded funds and mutual funds starting Tuesday — a sharp reversal from its long-standing opposition to digital-asset products. The shift reflects sustained investor demand and brings crypto exposure to a platform serving over 50 million accounts. A Vanguard spokesperson confirmed the policy change, noting that crypto ETFs meeting regulatory standards — including those tied to Bitcoin, Ether, XRP and Solana — will be available through third-party…