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Coinone joins Waterbomb Sokcho 2026 as main sponsor

Coinone said on Thursday it will participate as the main title sponsor of the summer festival Waterbomb Sokcho 2026. The event, in its fourth year, is a mixed-format summer festival combining water, music and recreation. It is scheduled to be held on Aug. 22 at Hanwha Resort Seorak Sorano in Sokcho, Gangwon Province. A Coinone official said the sponsorship aims to raise awareness among people in their 20s and 30s and lower psychological barriers to digital-asset investing.

Crypto

U.S. CLARITY Act stalls; Bitcoin and XRP face \'double pressure\' amid regulatory gap

With the U.S. CLARITY Act pushed back again to July, Bitcoin and XRP are struggling around the psychological supports of $60,000 and $1. A U.S. House hearing is set for July 17 in New York, while a 60-vote Senate threshold remains key. Market participants cite ETF outflows, a strong dollar and rate expectations weighing on sentiment. In South Korea, financial firms are moving ahead with partnerships and infrastructure plans as digital-asset legislation is delayed.

Crypto

Financial sector \'digital asset alliance\' spreads as firms build infrastructure ahead of regulation

As debate continues in South Korea over regulating digital assets, financial firms are accelerating efforts to secure related infrastructure. Banks, securities firms and asset managers are moving beyond investment and cooperation with exchanges to widen ties with global blockchain foundations, real-world asset companies and token securities platforms. Industry participants are signing partnerships and making equity investments, while firms also examine stablecoin, tokenisation and distributed-ledger infrastructure as they prepare for competition after formal rules are set.