Global

In 2025, Dubai has reinforced its status as a global leader in cryptocurrency innovation through a robust and clear regulatory framework.

XRP experienced a significant rally between August 3 and August 4, surging 6% from $2.83 to a peak of $3.03. This upward momentum was fueled by strong institutional trading volume, which exceeded 110 million during its peak hours.

According to a recent financial report, Nasdaq-listed Trump Media & Technology Group has significantly grown its financial assets, reaching approximately $3.1 billion.

Leading South Korean banks, including Shinhan, Woori, KEB Hana, and KB Kookmin, are moving quickly to enter the cryptocurrency and stablecoin markets.

Over the weekend, cryptocurrency markets experienced a sharp downturn, with Bitcoin retreating to a support level of $112,000 as renewed economic uncertainty weighed on risk appetite.

On August 1, 2025, the Hong Kong Legislative Council officially enacted the Stablecoin Regulation, establishing a comprehensive licensing and regulatory framework for stablecoin issuers.