Latest from Sheldon Reback
South Korea's Ruling Party Wants to Allow Companies to Issue Stablecoins: Bloomberg
Under a proposed law, companies would be able issue their own tokens provided they meet equity capital requirements and can guarantee refunds through reserves.

Ethereum Advocate William Mougayar to Lead Ecosystem's New Profile-Raising Initiative
The Ethereum Market Research Centre (EMRC) is a community-led initiative aimed at bridging the education gap for institutional and professional audiences.

Bitcoin Core 30 to Increase OP_RETURN Data Limit After Developer Debate Concludes
Bitcoin Core 30 is scheduled to be implemented in October.

Crypto Daybook Americas: BTC Holds Below $110K as QCP Sees ‘Tight Range’; Altcoins Outperform
Your day-ahead look for June 10, 2025

Strategy Shifts Capital Raise to Preferred Stocks as Common Share Issuance Loses Allure
Sales of STRK and STRF preferred shares allow Strategy to fund bitcoin purchases without diluting common shareholders.

Riot Sells $1.58M of Bitfarms Shares as Part of Investment Review
U.S.-based miner retains over 14% ownership after open market sales.

SocGen’s Crypto Arm Unveils Dollar Stablecoin on Ethereum and Solana
SG Forge’s USD CoinVertible has Bank of New York Mellon acting as reserve custodian for the token.

UK Appoints First Crypto Specialist for Insolvencies
The country has been beefing up its crypto work as digital assets have soared in popularity.

AVAX Forms Critical Short-Term Support at $20.25 Level
Avalanche’s token fell sharply following recent gains, with key technical levels emerging.

KULR Plans to Raise Up to $300M to Fuel Bitcoin Purchases
The energy-management firm will fund additional bitcoin purchases, working capital and R&D with the “at the market” share sales.

