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Ukraine’s National Bank (NBU) is paving the way for cryptocurrency legalization, but don’t expect to pay for groceries with Bitcoin anytime soon. Governor Andriy Pyshnyy recently clarified that while crypto will gain legal status under a forthcoming regulatory framework, it won’t replace the hryvnia as legal tender. This move aligns Ukraine with EU standards, aiming to boost innovation while ensuring …

JPMorgan Chase has named Kara Kennedy as the new Global Co-Head of its blockchain division, Kinexys, alongside Naveen Mallela, signaling a bold push into tokenized finance and digital payments. Announced on August 6, 2025, Kennedy, based in Edinburgh, brings extensive experience from leading digital asset product strategy for JPMorgan’s securities services. She will oversee Kinexys Digital Assets for asset tokenization …

Blockchain-based salaries have surged 300% in 2025, with USDC (USD Coin) dominating as the top choice for crypto payrolls, per a February 2025 Bitwage report. The stablecoin’s dollar peg, fast transactions, and regulatory compliance via Circle have made it ideal for employers and workers, outpacing Bitcoin and Ethereum in payroll adoption. By August 7, 2025, platforms like Deel and Bitwage …

South Korea’s leading digital bank, KakaoBank, is set to launch a Korean won (KRW)-backed stablecoin in 2025, positioning itself as a pioneer in the nation’s digital asset market. Announced during its H1 2025 earnings call on August 5, 2025, the initiative aims to leverage blockchain for efficient, low-cost domestic and cross-border transactions, per ZDNet Korea. CFO Kwon Tae-hoon emphasized the …

Hackers are exploiting dormant YouTube channels to run sophisticated crypto scams, costing victims over $2.2 billion in 2025, according to CertiK’s security report. On August 7, 2025, SentinelLabs revealed that cybercriminals target older, verified accounts—often abandoned or compromised via phishing or credential stuffing—to promote fraudulent trading bots. These scams, active since early 2024, use AI-generated videos and manipulated comment sections …