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South Korean investors cut their crypto holdings by more than half over the past year as capital moved toward the stock market. Summary South Korean crypto holdings dropped from $83.3 billion to $41.4 billion within a year. Trading volume on five major exchanges fell sharply as investors moved toward equities. New AML checks and a 2027 crypto tax may add pressure on local exchanges. Bank of Korea data submitted to Rep. Cha Gyu-geun showed holdings fell from 121.8 trillion won, or $83.3 billion, at the end of January 2025 to 60.6 trillion won, or $41.4 billion, by the end of February 2026. Daily trading volume also dropped across Upbit, Bithumb, Korbit, Coinone, and Gopax. The figure fell to about $3 billion in February from $11.6 billion in December 2024, showing lower activity among retail traders. Investors move toward stocks The decline came as Korean investors turned towar
Campaign founder Yves Bennaim isn’t giving up. Even after his group failed to gather enough signatures to force a Swiss national referendum on Bitcoin reserves, Bennaim said another push could follow. Related Reading: Bitcoin Supply Shock: 100,000 BTC Vanish From Exchanges In Under 90 Days The Swiss direct democracy system requires campaigns to hit a signature threshold within 18 months — his team didn’t make it. A Bold Proposal That Didn’t Get Off The Ground The initiative would have required the Swiss National Bank to hold Bitcoin alongside gold and foreign currencies. Supporters argued that adding Bitcoin to the SNB’s reserves would reduce dependence on the US dollar and the euro. Bennaim drew a parallel to Switzerland’s long-standing tradition of neutrality, framing Bitcoin as an independent alternative to the dominant global currencies. He also pushed back against claims that Bitcoin lacks liquidity, pointing to the billions of dollars moving through international crypto exchanges
The company’s UK and Europe boss has become a lightning rod for the British public’s fear of a US tech takeover
The hall was packed with rightwing radicals when Louis Mosley heralded a coming revolution. Just as Oliver Cromwell – that “crusader for Christ and liberty” – routed King Charles I’s royalists, “a similar revolution is brewing today”, said the UK and Europe boss of Palantir. Globalism’s “twilight” was upon us, he said in a speech dotted with admiring mentions of the podcaster Joe Rogan and “Elon’s Doge”.
It was not a typical peroration for a big UK government contractor with more than £600m in deals with the NHS, the Ministry of Defence and police. But Palantir, the world’s most controversial tech company, is no typical contractor. In recent years it has gained firm footholds across Britain’s public sector while appalling critics with its leadership’s rightwing rhetoric and its work for the US and Israeli militaries and Donald Trump’s ICE immigration crackdown.
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Anthropic raise talks are targeting a $900bn valuation and up to $50bn in fresh capital, sources told the Financial Times. Anthropic raise talks are targeting a $900bn valuation and up to $50bn in fresh capital, sources told the Financial Times.…
Code for America is partnering with Anthropic on a new pilot intended to help staffers more efficiently administer public benefits by using an AI-powered tool to make policy information more accessible.
