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Hourly Global Roundup | 11:00 (SGT) / 03:00 (UTC) Market Brief

Source: Xinyunshe Hourly Brief

๐ŸŒ Global & Macro: Professor Cho Jae-woo of Hansung University urges Korea to enact a Digital Asset Basic Act, warning that the 2017 ICO ban and regulatory gaps have driven major local projects like Klaytn, WEMIX, Metabora, and NeoFin overseas. He calls for clear licensing standards for issuance, custody, and validation, plus a special procedure to bring core functions home.

๐Ÿฆ RWA & Institutional: No major RWA or institutional developments reported in this hour.

โšก Crypto & Markets: USDC Treasury minted an additional 250 million USDC on Solana, pushing total minted on the network past 10 billion. Meanwhile, RootData reports that BARD token will unlock approximately $1.72 million worth in one week via a cliff unlock.

๐Ÿ’ก Key Takeaway: Korea faces mounting pressure to reform its crypto regime as talent and projects flee; stablecoin supply on Solana hits a new milestone, while BARDโ€™s upcoming unlock may add short-term sell pressure.

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