1. 🇰🇷 South Korea to Test Won-Based Stablecoins via Banks
The Bank of Korea’s deputy governor announced plans to gradually introduce won-pegged stablecoins, starting with regulated banks before expanding to non-bank issuers. The move supports President Lee’s push for digital finance reform, though officials caution about risks to monetary policy, household debt, and capital control. A 2nd pilot CBDC test is also in motion.
2. ⚙️ Pompliano Backs $1B Bitcoin Treasury Merger
U.S. investor Anthony Pompliano is forming ProCap Financial, a $1 billion SPAC-funded bitcoin treasury firm. Supported by Citadel, Susquehanna, Jane Street, and crypto investors, the company plans to hold up to $1B in BTC and generate revenue via lending, derivatives, and other services—blurring the lines between treasuries and active crypto enterprises.
3. 🇪🇺 Lagarde Urges EU to Fast-Track Digital Euro Law
ECB President Christine Lagarde urged MEPs to speed up ratification of digital euro legislation, calling it crucial for Europe’s financial autonomy and a buffer against privately issued stablecoins. She emphasized that delays threaten monetary stability and consumer confidence.
4. 🔮 June Could Be a “Perfect Storm” for BTC Breakout
Market outlooks warn that June may bring a BTC breakout driven by strong institutional inflows, macroeconomic tailwinds, and technical setups like golden-cross signals. ETH remains a top institutional pick, while altcoins like SOL show signs of an incoming rotation.
