South Korea Eyes FX Oversight for Stablecoins in Draft Bill

South Korea’s ruling Democratic Party is reportedly preparing a draft bill that would classify stablecoins as foreign exchange payment instruments and require tokenized real-world assets (RWAs) to be backed by assets held in trust. Citing an integrated draft of the proposed Digital Asset Basic Act, the Seoul Economic Daily reported on…

New NASA photo promises to shut down flat-Earthers — did it work?

Well-rounded. A new image from the Artemis II Orion spacecraft, currently en route home from its journey to the Moon, reveals Earth for what it is: a glorious sphere. This is news because an alarming number of our fellow human beings subscribe to the belief that the Earth is actually flat and that a shadowy world government is secretly tricking the public into believing in a globe-shaped planet. It would seem that the image, taken…

United States

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Politics

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Swalwell campaign rejects ‘outrageous’ allegations of sexual misconduct as Dem activists issue viral warning

NEWYou can now listen to Fox News articles! California gubernatorial candidate Rep. Eric Swalwell’s, D-Calif., campaign broke their silence on allegations circulated by Cheyenne Hunt, a former Capitol Hill staffer and a political media personality, fiercely denying any sexual misconduct towards former staffers or interns.”This false, outrageous rumor is being…

Business

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Iran War Cuts Local Hashrate but Global Bitcoin Network Holds Firm

Iran’s hashrate has plummeted over the past quarter amid an ongoing conflict with the US and Israel, though the war itself has not dragged down global hashrate, according to a new report from Hashrate Index.Iran has lost roughly 7 exahashes per second (EH/s) quarter-over-quarter, said Ian Philpot, marketing director at…

Lifestyle

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