Democratic Party: "Digital Asset Basic Law to be Proposed This Month Regarding Bithumb's Bitcoin Overpayment Incident"
The Democratic Party of Korea plans to introduce a Digital Asset Basic Law this month in response to the overpayment incident at the cryptocurrency exchange Bithumb, emphasizing the need for fundamental measures to restore trust in virtual assets.
The open war between the crypto industry and big banks has stalled the US law on digital assets
The 'Clarity Act' draft restricts interest payments on stablecoins, sparking outrage in the digital sector and halting its approval in the Senate.
SENATOR RICHARD BLUMENTHAL: Crypto is a gamble our financial system doesn't need
Senator Richard Blumenthal critiques the rush to legislate crypto by Congress, highlighting past financial missteps and urging caution before further integrating crypto into the financial system.