Crypto News

South Korea is intensifying its regulatory stance by moving to block 27 crypto websites including major exchanges KuCoin and MEXC, while simultaneously exploring bitcoin adoption through a lending experiment at Jeonbuk Bank. On the institutional front, Ripple's stablecoin RLUSD is gaining mainstream traction with Standard Chartered providing custody services on the XRP Ledger and enabling clients to trade without moving assets, though the XRP Ledger has surfaced a bug raising questions about supply security. Bitcoin price pressure continues as the asset fell below $82K amid $406 million in long liquidations, while technology developments like Aptos's encrypted mempool to combat frontrunning and FTX's former mining infrastructure being repurposed for AI advancement highlight the sector's ongoing evolution.