Crypto

Fed releases stablecoin rules as debate flares over digital asset taxation

The digital asset market focus shifts from legislation to rulemaking as U.S. agencies move after the Clarity Act stalls in the Senate. The Federal Reserve unveiled a framework to require payment stablecoin issuers to fully back tokens with permitted reserve assets, ahead of the GENIUS Act taking effect in 2027. Bitcoin struggled as 10-year Treasury yields hit a 19-year high. In South Korea, debate resurfaced over digital asset income tax due in 2027.

Crypto

Dunamu to expand beyond exchange into onchain finance infrastructure, linking Korea and global markets

Dunamu plans to expand its business beyond a digital asset exchange into onchain financial infrastructure that financial firms such as banks, brokerages and payment companies can use. Chief Executive Oh Kyung-seok said at Korea Blockchain Week 2026 that blockchain is evolving into infrastructure used by traditional finance. He said Korea needs accessibility, connectivity and exportability to compete globally, and that Dunamu aims to link Korea to global onchain finance.