The Bank of Korea calls on regulators to restrict the issuance of Korean won stablecoins to licensed commercial banks.

Kalshi sues Iowa regulators as legal dispute over the legality of sports event contracts in prediction markets escalates

Prediction market platform Kalshi has filed a lawsuit in Iowa, alleging that regulators may restrict the operation of its sports event contract products and asserting federal law takes precedence. The company did not receive a commitment not to take enforcement action after meeting with government officials and faces legal risks. Different states have varying regulatory attitudes toward such contracts, and court rulings are inconsistent, with ongoing disputes over their legal status.

Bank of England: May Lift Stablecoin Limits, Open Applications by the End of 2026

The Deputy Governor of the Bank of England, Briden, stated that there is an open attitude towards setting limits on stablecoins and is willing to consider alternative proposals. The limit design has been criticized by the industry, which believes it could harm innovation and competitiveness. Although the consideration of limits is to prevent credit risk, the UK still plans to accept stablecoin issuance applications by the end of 2026 and to test related products within the regulatory sandbox.

Ghana approves 11 crypto companies to enter the regulatory sandbox; full licenses can be obtained after 6 months

Ghana Securities and Exchange Commission approves 11 cryptocurrency platforms to enter a new regulatory sandbox program aimed at clarifying cryptocurrency regulation. The sandbox program lasts for 12 months, and qualified participants can obtain full licensing within 6 months, while also complying with anti-money laundering and consumer protection regulations. This program is linked to Ghana's Virtual Asset Service Providers Act and will influence future crypto market policies.

U.S. SEC Chair: Tokenized securities still fall under securities laws, and DLT technology is expected to enable T+0 settlement

SEC Chairman Paul Atkins stated in a podcast that distributed ledger technology can enable T+0 settlement and improve the efficiency of financial services, but caution is needed regarding fraud risks. He mentioned liquidity and the applicability challenges in traditional markets, emphasized that tokenized securities must comply with federal securities laws, and pointed out that the SEC is coordinating regulatory responsibilities with the CFTC.

Trump's crypto advisor: Stablecoins will drive global deposit inflows into the US banking system

Patrick Witt, Executive Director of the U.S. President's Digital Asset Advisory Committee, stated that stablecoins compliant with the GENIUS Act will bring deposit inflows to the U.S. banking system, rather than outflows as warned by the banking industry. He mentioned the huge global demand for the US dollar and the provision in the bill that prohibits stablecoin issuers from engaging in bank-like lending.

Trump advisor speaks out: Stablecoins may attract global capital flows into the U.S. banking system, and the impact of the "GENIUS Act" should not be underestimated

Trump's digital asset advisory team pointed out that stablecoins regulated under the GENIUS Act are expected to bring new capital inflows to the U.S. banking system, but the banking industry remains cautious about their potential deposit-raising schemes. Although the crypto industry believes regulation should focus on the use of funds, the yield mechanism of stablecoins remains a legislative point of contention. The White House is seeking to establish a new consensus on stablecoin policies.