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The Vietnamese government approved the Digital Technology Industry Law on the 14th, recognizing cryptocurrency as an 'asset' and announcing its legalization. According to the bill released by the Vietnamese government, they will classify cryptocurrency into 'crypto assets' and 'virtual assets', and handle and regulate these two assets according to their nature.
2. Circle CEO: "Stablecoin Will Soon Reach 'iPhone Momentum'"
On the 15th, Jeremy Allaire, Circle's CEO, pointed out the usability and convenience of stablecoins via his X account, claiming that stablecoins will achieve global penetration like the iPhone when they reach a critical point. The CEO explained that if many people begin to recognize how to utilize stablecoins, they will become widespread and reshape global industries.
3. Foreign Media: "US Court Likely to Announce Ripple-SEC Lawsuit Settlement Result on 16th"
On the 15th, cryptocurrency media CoinCentral reported that the US court is highly likely to announce the review results of the settlement between Ripple and the US Securities and Exchange Commission (SEC) on the 16th. Based on rumors in the cryptocurrency community, CoinCentral reported that Judge Torres may announce the review of the settlement between Ripple and SEC on the 16th, with the possibility that the settlement could be rejected again.
4. Bybit Announces DEX Testnet Launch on 30th of This Month
On the 15th, Bybit officially announced that it will launch the testnet for its decentralized exchange (DEX) 'ByReal' on the 30th.
Reporter Kwon Seung-won ksw@blockstreet.co.kr
