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Crypto
Bitcoin rebounds as quantum computers threaten crypto security
The crypto market in the final week of April is marked by a strong Bitcoin rebound, a stalled U.S. Clarity Act in the Senate, and rising concerns over quantum computing as a security threat. Debate also intensifies over XRP’s price outlook, while stablecoin regulation draws focus amid European MiCA-driven growth and U.S. legislative delays. Industry worries grow in South Korea as digital-asset legislation remains held up in parliament.
Crypto
Crypto Hot Issue: Crypto regulation stalls as South Korea shows distinct love for altcoins
South Korean brokerages are accelerating their push into digital assets, while the financial sector says regulatory gaps are holding back market entry despite infrastructure being largely ready. An analysis said South Korea accounts for about 30 percent of global cryptocurrency trading volume, with investors heavily focused on altcoins rather than bitcoin. In the United States, delays to the CLARITY Act have added uncertainty, while XRP posted weekly gains and inflows into spot ETFs rose.
Crypto
Project Hangang accelerates as Circle eyes South Korea stablecoins
As legislation on South Korea’s Digital Asset Framework Act stalls in parliament, the Bank of Korea is stepping up its central bank digital currency pilot, Project Hangang, entering a second phase focused on preparing deposit tokens for commercialisation. A turf dispute is also emerging between the central bank and the Financial Services Commission over regulatory authority, including licensing for stablecoin issuance. U.S. stablecoin firm Circle has highlighted Korea as a key hub and flagged possible expansion.
