Crypto Markets & On-Chain Ecosystem Developments

Gate News bot message: Gate market data shows that BTC has broken above 79,000 USDT and is currently trading at 79,000 USDT.

Yeouido Institute, the think tank of South Korea's National Power Party, released a report on the 10th warning that enforcing virtual asset taxation without establishing a comprehensive market classification framework will inevitably cause confusion. The report, titled 'Major Countries' Digital

The United States, Japan, and South Korea are advancing digital finance regulatory frameworks for stablecoins and tokenized securities, with diverging timelines creating competitive pressure. The US GENIUS Act stablecoin regulation takes effect January 18, 2027 or 120 days after final supervisory

The US House Ways and Means Committee is scheduled to review digital asset taxation bills on May 16 (local time), according to a report by Crypto Briefing on the 11th (local time). The markup session will examine two key legislative proposals: one addressing the timing of taxation for mining and

Forward Industries and Stobox Technologies CEO Gene Deyev submitted regulatory proposals to the U.S. Securities and Exchange Commission (SEC) crypto task force on May 10 (local time). Forward Industries proposed a three-tier regulatory framework for digital asset vaults based on operator

Shinhan Financial Group adopted stablecoin ecosystem leadership as one of its core strategies for 2026, according to an investment prospectus disclosed by Shinhan Financial Holding Company on the 14th. The group selected blockchain-based digital asset business as a key area for securing future

According to Yeouido Institute, South Korea's ruling party think tank, enforcing digital asset taxation without a market classification system would create inevitable confusion, the organization said in a September 10 report. The institute proposed establishing a four-tier classification

According to submissions to the SEC Crypto Task Force on September 10, Forward Industries and Stobox Technologies have proposed specific regulatory frameworks for digital asset vaults and tokenized securities. Forward Industries suggested a three-tier regulatory approach for vaults based on the

As the U.S. and Japan accelerate digital finance regulation, South Korea faces mounting pressure to catch up on stablecoin and tokenized securities frameworks. The U.S. Congress enacted the GENIUS Act in July 2025, requiring stablecoin issuers to maintain 1:1 reserve backing with U.S. Treasury

According to Park Sang-hyuk, editorial chief of Digital Asset, the White House discussed key provisions of the CLARITY Act on September 11, marking a significant break from its previous silence on the legislation. The ethics provision prohibits sitting officials, including the president, from

According to Crypto Briefing, the U.S. House Ways and Means Committee will review digital asset taxation bills on September 16. Two key proposals are under consideration: H.R. 9175 would allow miners and staking participants to defer taxes on rewards until the digital assets are sold, while H.R. 917

According to AP News, on September 13, U.S. President Donald Trump has accepted approximately 80% of the bipartisan ethics provisions proposed for the CLARITY Act (Clarity for Digital Commodities), a comprehensive cryptocurrency regulation bill. The key provision grants both the U.S. Department of

According to Glassnode, Bitcoin held steady near $78,000 on September 14, declining roughly 1% over the week despite ongoing spot selling and ETF outflows. The resilience of price levels amid these bearish pressures suggests capital inflows are helping absorb the selling

According to Dune data, Ethereum blob usage reached a record high of 6.4 blobs per block on average over three days, more than doubling from April levels. Robinhood Chain activity surge is driving the increased demand. Blobs, introduced by Ethereum to enable cheaper data posting for Layer 2

Coin Center criticized proposed changes to the Bank Records and Customer Accounts Act (BRCA), stating the revisions fail to address fundamental criminal law issues. The nonprofit advocacy organization emphasized that the ongoing Lewellen lawsuit has become increasingly significant as regulatory

According to Shinhan Financial Holdings' disclosure on September 14, the group has selected blockchain-based digital asset development as a core competitive area for 2026, alongside artificial intelligence and digital transformation. The company aims to secure leadership in the stablecoin