BITPRISMIA
The Trump administration plans to block the development of Central Bank Digital Currencies (CBDCs), viewing them as a threat to financial privacy and individual freedom, which could strengthen decentralized cryptocurrencies like Bitcoin and Ethereum.
Senator Tim Scott emphasizes the need for accelerated crypto legislation in the U.S. to avoid falling behind global competitors, while Senator Elizabeth Warren warns against creating regulatory loopholes favoring the crypto industry.
South Korea is exploring the issuance of a won-backed stablecoin through a regulatory sandbox to foster innovation while maintaining financial stability, with potential significant impacts on its economy.
South Korea has officially recognized cryptocurrency firms as venture businesses, granting them access to government support and fostering growth in the digital asset sector.
The article highlights six key events in July 2025 that could significantly impact the crypto market, including ETF approvals, token unlocks, and macroeconomic data releases.
The Bank of Korea (BOK) has halted its Central Bank Digital Currency (CBDC) project due to a shift in focus towards stablecoin regulation, leaving participants without a long-term roadmap.
David Bailey, CEO of BTC Inc., announces a $100 million Bitcoin Policy PAC to advocate for Bitcoin's interests in U.S. politics, modeled after the successful Fairshake PAC.