1. South Korea Legalizes Stablecoins in New Crypto Bill
South Korea has taken a major step toward mainstream digital asset adoption by passing a crypto bill that legalizes the use of stablecoins. The legislation is designed to provide a regulatory framework for issuing, managing, and transacting in stablecoins, reinforcing the country’s ambition to become a global blockchain leader.
2. Tether to Launch Bitcoin Mining OS in 2025
Tether, known for issuing the USDT stablecoin, is expanding into the Bitcoin mining industry. The company has announced the launch of a Bitcoin mining operating system called Moria, expected in 2025. This move underlines Tether’s strategic diversification and growing influence beyond stablecoin issuance.
3. USDC Now Live on the XRP Ledger
Circle’s USDC stablecoin has officially launched on the XRP Ledger (XRPL), enhancing cross-chain liquidity and payments. The integration is expected to improve efficiency for businesses and developers building on XRPL, reinforcing the network’s utility in enterprise-grade blockchain solutions.
4. President Milei Cleared in Libra Token Investigation
Argentine President Javier Milei has been cleared of any involvement in the now-defunct Libra Token scandal. A government watchdog investigation found no evidence linking Milei to the collapse of the token, bringing an end to political speculation and helping stabilize the crypto sentiment in Argentina.
