Crypto News

Top Regulators Forge US-UK Alliance to Oversee Digital Assets

U.S. and U.K. regulators are accelerating unified oversight of digital assets, stablecoins, AI in finance, and cross-border innovation, reshaping global markets and fortifying financial stability. US-UK Power Bloc Moves Aggressively on Digital Assets and Global Financial Stability The U.S. Department of the Treasury issued a Joint Statement on the U.S.-U.K. Financial Regulatory Working Group onSource link

Senate Banking Committee Sets Out Plan For Crypto Market Rules

The principles aim to define digital asset oversight as debates over Trump-linked crypto profits and federal legislation intensify.Source link

Bernie Sanders Blasts AI Firms Over Jobs Displacement: ‘They Couldn’t Care Less’

Vermont Senator Bernie Sanders warned that AI will uproot workers unless reforms shift power from CEOs to the American people.Source link

Korean Central Bank Advocates Measured Stablecoin Approach

South Korea’s central bank is advocating for a phased introduction of won-denominated stablecoins, initially prioritizing regulated commercial banks for their issuance. Stablecoins Could Significantly Influence Korean Monetary Policy South Korea’s central bank is advocating for a phased introduction of won-denominated stablecoins, prioritizing rigorously regulated commercial banks for initial issuance. According to Ryoo Sang-dai, senior deputySource link

Asia Morning Briefing: Analysts Say BTC’s Long-Term Focus Is Easing War Jitters

Good Morning, Asia. Here's what's making news in the markets: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 Americas.After a tense weekend that saw the U.S. bomb an Iranian nuclear site, bitcoin btc has regained its footing, hovering around $106K as Asia begins its Wednesday session and pushing past levels from earlier this month when Israel bombed Iran.Part of the reason why crypto has recovered alongside traditional markets is just how correlated the two have become."Bitcoin’s sensitivity to traditional asset classes and macroeconomic indicators has evolved markedly over the past few market cycles, reflecting its growing...