);)
Japan's largest financial group, SBI Holdings, officially announced on the 9th that its subsidiary SBI Shinsei Bank invested $50 million in Circle's initial public offering (IPO) on the 5th. SBI Holdings launched a joint venture 'Circle SBI Japan KK' with Circle in March.
2. Kakao Surges 30% on Expectations of Won-Linked Stablecoin
Kakao, a stock related to won-linked stablecoin, surged about 30% during trading on the 9th, driven by expectations of introducing a won-linked stablecoin after the launch of South Korea's new government.
3. Hong Kong Introduces Chainlink CCIP in CBDC Pilot Project
The Hong Kong government announced on the 9th that it has partnered with Chainlink and will integrate Chainlink's blockchain connection protocol 'CCIP (Cross-Chain Interoperability Protocol)' in its CBDC experiment.
4. SEC Chairman Directly Criticizes Gensler's Former Policy - "Self-Custody is a Basic American Value"
Paul Atkins, Chairman of the U.S. Securities and Exchange Commission (SEC), actively advocated for DeFi and cryptocurrency self-custody rights at a cryptocurrency roundtable on the 9th, criticizing the strict regulations during Gensler's tenure. He stated that "individuals should be able to directly hold their assets without unnecessary intermediaries" and opposed staking restrictions and regulatory intervention.
5. U.S. Stablecoin Regulation Bill 'GENIUS' Likely to Pass on Wednesday
The U.S. stablecoin regulation bill 'GENIUS' entered 'cloture' in the Senate on the 10th, with predictions that it could pass the Senate as early as the 11th. John Thune, the Republican Senate Majority Leader, submitted the cloture for the GENIUS bill. Cloture is a procedure requiring intensive discussion for 30 hours followed by a final vote in the Senate.
Reporter Kwon Seung-won ksw@blockstreet.co.kr
