Kakao Pay has launched a Korean won stablecoin project and filed 18 related trademarks, including “KRWKP” and “KWRP,” with the Korean Patent Office.

The move comes as South Korea promotes the “Basic Law on Digital Assets,” which would legalize private issuance of KRW stablecoins. Game company Nexusth also aims to be the first KRW stablecoin issuer.

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OKX is weighing a U.S. IPO after reentering the American market in April, following a $505m settlement with the Department of Justice.

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FTX's bankruptcy team has asked the court to dismiss Three Arrows Capital’s (3AC) $1.53bn claim, calling it baseless and factually inaccurate.

FTX lawyers argue 3AC’s losses stemmed from market turmoil and its own withdrawals, not FTX actions. 3AC must respond by July 11, with a court hearing set for August 12.

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🗞 June 23, 2025 cryptocurrency news highlights

【Cryptocurrency】
Kakao Pay has launched a Korean won stablecoin project and filed 18 related trademarks, including “KRWKP” and “KWRP,” with the Korean Patent Office.

【Economy】
OKX is weighing a U.S. IPO after reentering the American market in April, following a $505m settlement with the Department of Justice.

【Indicators】
Metaplanet, a Japanese listed company, announced that it would continue to increase its holdings of 1,111 bitcoins, with an average price of about 105,857.39 US dollars

【More】
FTX's bankruptcy team has asked the court to dismiss Three Arrows Capital’s (3AC) $1.53bn claim, calling it baseless and factually inaccurate.

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Iran launched six missiles at the U.S. base in Qatar ❗️

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U.S. White House: It has been learned that the Udeid base in Qatar was attacked 💥

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💸 The market shows that BTC has broken through 102,000 USD, and now it is reported at 102000.01 USD, with a 24-hour increase of 2.46%

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🇺🇸 The Fed officially scraps the rule that let banks discriminate against Bitcoin

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🇺🇸 Texas Strategic Bitcoin Reserve was officially signed into law

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The market shows that BTC fell below $105,000, and now it is reported at $104,991.14, with a 24-hour increase of 4.01%

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Binance Deposit and Loan now supports converting fixed-rate loan orders to current-rate loan orders

According to official news, Binance Deposit and Loan has upgraded the new loan order repayment method. With this product upgrade, users can convert fixed-rate loan orders to current-rate loan orders when they expire, without having to repay immediately after the order expires.

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After Israel has reported rocket launches from Iran, Israeli Defence Minister Israel Katz said he has ordered the military to resume high-intensity strikes on regime targets in central Tehran.

The statement came less than three hours after Donald Trump announced that the ceasefire between Israel and Iran had taken effect.

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Japan’s Financial Services Agency has proposed bringing crypto assets under the Financial Instruments and Exchange Act, potentially enabling Bitcoin ETFs.

If approved, the move would also lower the tax on crypto gains to a flat 20% from the current progressive rate of up to 55%.

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Polymarket, the largest prediction market platform globally, is close to securing over $200m in a new funding round. The deal would value the company at more than $1bn.

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🗞 June 24, 2025 cryptocurrency news highlights

【Cryptocurrency】
Polymarket, the largest prediction market platform globally, is close to securing over $200m in a new funding round. The deal would value the company at more than $1bn.

【Economy】
Japan’s Financial Services Agency has proposed bringing crypto assets under the Financial Instruments and Exchange Act, potentially enabling Bitcoin ETFs.

【Indicators】
The market shows that BTC fell below $105,000, and now it is reported at $104,991.14, with a 24-hour increase of 4.01%

【More】
U.S. White House: It has been learned that the Udeid base in Qatar was attacked 💥

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Anthony Pompliano's ProCap BTC purchases 3,724 bitcoin worth $392,686,000 💥

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Senator Lummis and Senator Scott to introduce a bill providing a legal framework for Bitcoin and crypto

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The European Union is ready to take more tariff countermeasures to put pressure on the United States

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$4.3 Trillion Fannie Mae may soon offer it's clients Bitcoin backed mortgages for homes

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Trump has approved the amnesty for Binance founder Zhao Changpeng (CZ)

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