‍Fed Chair Candidate Waller's Crypto Views Signal Potential Market Shift Current Fed Governor Christopher Waller, a candidate for Federal Reserve Chair, has shared notable perspectives on digital assets. Waller expresses skepticism towards a U.S. Central Bank Digital Currency (CBDC), calling it a "solution in search of a problem." However, he views Bitcoin as "electronic gold" and emphasizes "no need to fear digital asset innovation," recognizing the potential of tokenization and distributed ledgers. He also sees well-regulated stablecoins as an "attractive payment instrument." Waller's advocacy for lower interest rates could foster a more bullish environment for cryptocurrencies. His acknowledgment that crypto is "woven into the fabric of the payment and financial systems" suggests a potential shift towards greater acceptance by the central bank.
Cryptovka
Fed Chair Candidate Waller
The race for the next Federal Reserve Chair is intensifying, with President Trump interviewing current Fed Governor Christopher Waller....
‍South Korean Aid Misallocated to Crypto Traders A recent audit in South Korea revealed that approximately $15 million, intended for struggling small businesses, was improperly distributed to 269 cryptocurrency traders. These funds were part of the "New Start Fund," established to provide debt relief. The audit found significant lapses, with recipients holding substantial crypto assets receiving debt forgiveness. The current system's reliance on voluntary disclosure of assets is a key loophole, prompting calls for legislative reform to strengthen screening processes and enable verification of unlisted stocks and crypto holdings.
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South Korean Aid: $15M for Businesses Diverted to Crypto Traders
A recent government audit in South Korea has uncovered a significant misallocation of public funds, where approximately $15 million in aid designat...
‍Blocto Wallet to Cease Operations Amid Significant FLOW Token Losses Blocto Wallet will be shutting down its core services, including BloctoSwap and Blocto Teleport, effective December 18, 2025, at 7 PM PST. The decision follows over $5.5 million in losses, primarily attributed to a more than 99% decline in the FLOW token's price since its 2021 peak. Users are urged to withdraw liquidity, bridge cross-chain assets, and export private keys before the deadline to secure their funds. Blocto's node staking services will remain operational.
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Blocto Wallet Ceases Operations Due to Major FLOW Token Losses
After five years of service, Blocto Wallet is shutting down its core services, including BloctoSwap and Blocto Teleport....
‍Wall Street Banks Sell Over $530M in Bitcoin-Linked Notes Major financial institutions including Morgan Stanley, JPMorgan Chase, and Goldman Sachs have collectively sold over $530 million in structured notes tied to spot Bitcoin ETFs, primarily BlackRock's iShares Bitcoin Trust (IBIT). This development signals growing mainstream acceptance of digital assets. These sophisticated products offer clients regulated exposure to Bitcoin, catering to various risk appetites. This move is seen as a pivotal moment for crypto's institutional adoption.
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Wall Street Goes Big on Bitcoin: ETF Note Sales Surpass $530M
A significant shift in the financial landscape is underway as major Wall Street institutions have embraced cryptocurrency assets through a new wave...
‍UK Launches Review of Crypto Donations Amid Bribery Scandal The UK government is formally reviewing the use of cryptocurrency in political funding following a bribery case involving a Reform UK politician. The investigation, led by Philip Rycroft, will assess current political finance laws and safeguards against illicit foreign funding, with a particular focus on cryptocurrencies. Findings are expected by March and will inform future election and democracy legislation.
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UK Scrutinizes Crypto Donations in Politics After Bribery Scandal
The United Kingdom has initiated a formal review into the role of cryptocurrency in political funding, a move prompted by a high-profile bribery ca...