New York wants $1.3 billion from NovaTech's founders, whose platform took in $1.16 billion and traded a fraction of it.
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South Korea is currently developing the Digital Asset Basic Act, which seeks to establish a comprehensive framework for crypto.
PayMe users will be able to activate a stablecoin wallet in-app in the coming days for peer-to-peer and peer-to-merchant payments.
LG CNS is set to integrate Chainlink's cross-chain, data, and orchestration infrastructure into its digital asset platform.
The Wall Street sell-off extended to Asian equities on Friday morning, with South Korea's Kospi down 2.3% and Japan's Nikkei 225 down 1.6%.
JPMorgan said actions by U.S. regulators partly offset the Clarity Act setback, but longer-lasting rules are still needed.
As progress stalls on a crypto bill, the Blockchain Association is urging Congress to pass legislation to resolve uncertainty around taxes.
