The Bank of Korea is hiring digital assets market analysts to study the impact of cryptocurrencies and stablecoins on financial stability in South Korea. The central bank aims to revamp its internal systems for the upcoming legislation lifting the ban on cryptocurrency issuance in the country. Bitcoin ETFs have nearly recovered early-year losses by nearly $2.5 billion in the past month, erasing year-to-date outflows. Monument Bank plans to tokenize up to $335 million of retail customer deposits on the Midnight network, becoming the first bank to do so. The Bitcoin Depot has announced the resignation of CEO Scott Buchanan and founder Brandon Mintz from their roles. The CFTC has established an Innovation Task Force to develop regulatory frameworks for innovators in crypto, AI and prediction markets.