Crypto Markets & On-Chain Ecosystem Developments

South Korea's National Tax Service Commissioner Lim Gwang-hyun announced during a National Assembly Finance and Economy Planning Committee audit on the 13th that virtual asset tax management is the agency's 'top priority,' with plans to establish a dedicated management team and introduce overseas tr

South Korea's National Tax Service announced on October 13 that virtual asset taxation management is its top priority. According to National Tax Service Commissioner Lim Gwang-hyun, the agency will establish a dedicated division to manage digital assets and will introduce overseas tracking programs

Jeonbuk Bank, a unit of JB Financial Group, has begun lending Korean won to corporate customers against their Bitcoin, becoming the first South Korean bank to accept cryptocurrency as loan collateral, financial daily Edaily reported on Monday. The move follows amended Civil Enforcement Rules that to

According to Edaily, Jeonbuk Bank, a unit of JB Financial Group, has started lending Korean won to corporate customers against Bitcoin holdings on Monday, marking the first such offering by a South Korean bank. The bank accepts Bitcoin as collateral only for business operating funds raised by compa

US payment company Stripe added South Korea to the list of supported countries for its stablecoin payout service on the 13th (Korean time). According to Stripe's developer documentation, the company specified South Korea in the country list for its 'Stablecoin Payouts for Connect' service. This serv

Samsung Wallet will add USD Coin (USDC) for US users during the final week of October 2026 through a partnership with Coinbase and licensed infrastructure provider Bastion. The integration makes USDC the default dollar-backed stablecoin when eligible users add funds to their stablecoin balance, with

According to Coinbase, Samsung Wallet users in the United States will be able to hold USD Coin (USDC) directly within the mobile application starting in late October 2026. USDC will be displayed as the default dollar-backed stablecoin for eligible users adding funds to their stablecoin balance. Coin

According to Bitfinex, Bitcoin experienced its sixth decline exceeding 5% since July last week, marking a pattern within its ongoing recovery phase. The cryptocurrency is currently holding above the $81.3K support level. Previous declines in this period ranged from 5.1% to 8.9%. Traders are monitori

DUSK surged 15.59% in one hour, reaching a price of $0.098018. The altcoin recorded a 10.20% increase over the past 24 hours, with trading volume at approximately $7,627,554 and market cap at $59,778,417. The price surge follows trader rotation into altcoins amidst mixed signals in the broader crypt

US Bitcoin spot exchange-traded funds recorded a net outflow of $65.4 million on October 12 (US Eastern Time), marking a return to outflows after a brief inflow period. The outflow was driven entirely by BlackRock's IBIT product, which saw $65.4 million exit, while no other products recorded inflows

US Ethereum spot ETFs recorded a net outflow of $85.4 million (approximately 114.1 billion Korean won) on October 12 (US Eastern Time), according to data from Farside. This marks the 10th consecutive trading day of net outflows starting from September 29, with cumulative outflows over the recent 5 t

According to Farside, US spot Ethereum ETFs experienced $85.4 million in net outflows on October 12 (US Eastern Time). Over the past five trading days (October 6-12), cumulative net outflows reached $576.8 million. The ETFs have recorded net outflows for 10 consecutive trading days since September 2

According to Phaseide data, U.S. Bitcoin spot ETFs experienced net outflows of $65.4 million on October 12 (U.S. Eastern Time). Over the past five trading days (October 6–12), cumulative net outflows reached $654.5 million. BlackRock's IBIT led the outflows with $65.4 million, while no products reco

According to SAP, the German software company launched SAP Pay on October 12 (local time), integrating payment and settlement capabilities directly into its cloud-based ERP system. The service supports stablecoin-based cross-border transactions alongside electronic fund transfers, bank transfers, an

Vibhu, Chief Product Officer of the Solana Foundation, announced on Twitter that significant innovations are expected within six months. The statement generated considerable excitement within the cryptocurrency community. The Solana Foundation is recognized for its work in blockchain technology, par

KMD surged 25.03% in 30 minutes, reaching a current price of $0.008246. The rapid price movement occurred amid increased trading activity, attributed to social media buzz and community sentiment. With a market cap of $1,159,837 and minimal 24-hour trading volume of $0.01, the surge stands out agains

Bitcoin traders are increasing short exposure as market uncertainty rises around critical support levels. CryptoTwitter commentator @TheFlowHorse emphasizes a potential risk of delayed responses to market weaknesses, prompting cautious positioning among market participants. The shift reflects broade