U.S. Senate Advances Stablecoins, South Korea Plans Crypto Rules, and Ripple Expands Crypto Solutions

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U.S. Senate Advances Stablecoins, South Korea Plans Crypto Rules, and Ripple Expands Crypto Solutions

U.S. Senate Advances Stablecoin Bill

The U.S. Senate Banking Committee has voted to advance a bipartisan stablecoin bill, marking a significant step toward regulatory clarity in the crypto space. The proposed legislation aims to establish a framework for issuing and overseeing stablecoins, with key provisions addressing consumer protection and financial stability. Support from both Democrats and Republicans signals growing recognition of stablecoins’ role in modern finance, increasing the likelihood of broader legislative approval. If passed, the bill could set the foundation for stablecoin adoption within the traditional banking sector. (The Block)

South Korea Moves Toward Institutional Crypto Investment

South Korea is preparing to unlock institutional crypto investment by introducing new guidelines in Q3 2025. The regulatory framework aims to provide clarity for financial institutions, potentially attracting major investors into the country’s crypto markets. This move aligns with South Korea’s broader efforts to integrate digital assets into its financial system while ensuring compliance with anti-money laundering measures. With clearer rules, institutional participation could drive greater market liquidity and adoption. (The Block)

Ripple Expands Cross-Border Crypto Solutions

Ripple is launching new cross-border crypto payment solutions designed to streamline global transactions for businesses and financial institutions. By leveraging blockchain technology, Ripple aims to reduce costs, improve settlement times, and increase transparency in international remittances. The expansion builds on Ripple’s existing partnerships and infrastructure, further positioning the company as a leader in the payments sector. This development could enhance the adoption of blockchain-powered financial services worldwide. (Yahoo Finance)

Russian Central Bank Proposes Crypto Investment for Wealthy Individuals

Russia’s central bank has proposed allowing wealthy individuals to invest in cryptocurrencies under strict regulations. While Russia has maintained a cautious stance on digital assets, this policy shift could open the door for controlled crypto exposure among high-net-worth investors. The proposal includes risk management measures to prevent excessive speculation and financial instability. If approved, it may signal a broader shift in Russia’s approach to digital assets. (Reuters)

Crypto Trading Volumes Drop 20% in February

Global crypto trading volumes fell by 20% in February, as market uncertainty and geopolitical tensions led investors to pull back. Analysts point to threats of new trade tariffs and economic slowdowns as key factors contributing to reduced activity. Bitcoin and other major assets saw lower liquidity, leading to increased volatility across exchanges. The decline highlights the ongoing sensitivity of crypto markets to macroeconomic factors. (CoinDesk)

SEC Delays Grayscale’s XRP ETF Decision

The U.S. Securities and Exchange Commission (SEC) has delayed its decision on Grayscale’s proposed XRP exchange-traded fund (ETF). The regulator cited the need for further review, continuing its cautious approach toward crypto-based investment products. The delay raises uncertainty about institutional access to XRP, despite growing demand for crypto ETFs. Industry experts believe regulatory clarity will be essential for broader market adoption. (Yahoo Finance)

Bitcoin Crash Triggers $700M in Liquidations

Bitcoin’s recent price drop has led to over $700 million in long position liquidations, affecting traders across major exchanges. The sell-off also impacted altcoins, with Ethereum and Dogecoin witnessing sharp declines. Analysts suggest macroeconomic uncertainties and increased market leverage contributed to the sudden downturn. The event marks one of the largest liquidation cascades in recent months. (Business Insider)

Dogecoin Slumps as Hype Fades

Dogecoin’s price has declined as the recent memecoin rally loses momentum, signaling a shift in investor sentiment. With speculative interest cooling, trading volumes have dropped, and DOGE has struggled to maintain upward price action. Broader market corrections have also contributed to the downturn, with other major cryptocurrencies facing similar declines. The drop highlights the volatility of meme-driven assets in the crypto space. (The Street)

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