Lawmakers behind the South Korea cryptocurrency bill delayed the submission due to unresolved issues. The bill in question will allow domestic companies to issue stablecoins.
The stablecoin bill is expected to be submitted sometime in 2026.
Wider crypto market news today turned slightly bullish. In addition to many altcoins logging small recoveries, DeepSnitch AI pumped to nearly $1M in presale as investors rushed to use the 50% and 100% bonuses valid until January 1.
DeepSnitch AI is a retail-centric presale project that proposes a prediction and analytics suite powered by five AI agents that many investors believe could go 100x in January.
South Korea’s crypto roadmap
According to a December 30 Yonhap News report, South Korean lawmakers delayed the cryptocurrency bill that is expected to provide a regulatory framework for issuing domestic stablecoins.
The delay is the result of disagreements with organizations such as stablecoin issuers.
The bill was proposed in June and will permit issuing stablecoins pegged to the South Korean Won by requiring issuers to entrust reserve assets to authorized custodians.
Overall, the bill represents a significant step for the South Korean crypto industry, with further strides expected soon, as President Lee Jae-myung has already proposed that the country’s national pension fund invest in cryptocurrencies.
Crypto market news today also outlined bullish shifts with major altcoins and DeepSnitch AI’s rapid progress toward $1M.
Latest crypto market news
1. DeepSnitch AI: DSNT presale secures nearly $1M
As a slew of bullish crypto market updates today leaned bullish, DeepSnitch AI was no exception, as the presale reached nearly $1M ($990K+).
The reason behind the uptick in activity ahead of the new year is the exclusive presale bonuses that generated quite a bit of FOMO.
Considering that the DSNTVIP100 and DSNTVIP50 codes unlocked a 100% and 50% bonuses on purchases above $2K and are available only until January 1, it’s not a surprise that investors are rushing to secure the deal.
Even before today’s crypto headlines, DeepSnitch AI maintained a strong trajectory with its prediction and analytics suite that utilizes five AI agents and can predict sentiment shifts and even FUD storms. Since the three AI agents are already operational, the core features will be available ahead of launch.
Owing to strong fundamentals and the affordable entry at $0.03142, many in the growing DeepSnitch AI community are confident that DSNT could appreciate by 100x after launch.
2. XRP: Can ETF interest push XRP to new heights?
According to CoinMarketCap, XRP traded in the $1.85 area on December 30.
The crypto market news today revealed that XRP ETFs recorded around $70M inflows last week, which helped restore some of the bullish sentiment.
The area between $1.90 and $2 remains key. Holding this zone will maintain the bullish structure intact. Losing it, however, would weaken the setup and expose XRP to a deeper pullback toward $1.70.
On the upside, a clean break and hold above $2.50 would be the first real signal that momentum is changing. If that level flips to support, XRP could start targeting the upper range near $3.00 and potentially the prior cycle highs around $3.80.
3. Ethereum: Will ETH enter the new year above $3K?
On December 30, Ethereum made a push toward its moving averages, logging a 1% increase in 24 hours, according to CoinMarketCap.
While new market-wide updates could certainly infuse some extra momentum, the crypto market news today relating to Ethereum’s deployment of 8.7M contracts in the last quarter could provide the push the bulls are looking for.
A strong rebound from support followed by a break above the moving averages would signal renewed demand, opening a move toward triangle resistance, where selling pressure is expected.
Alternatively, a breakdown below support would confirm bears are in control, with downside targets between $2.6K and $2.3K.
Final words: Enter the new year in style
Crypto market news today was generally bullish as traders anticipate a bullish 2026, and the conviction shows signs of returning.
While established altcoins may provide some gains if macroeconomic factors align, DeepSnitch AI, with its rapid momentum, which pushed the presale to nearly $1M amid market volatility, could have more asymmetric potential.
Along with a usable solution, traders can make use of bonuses available until January 1 to unlock even more value. The DSNTVIP50 code offers a 50% bonus on allocations above $2K, while DSNTVIP100 applies a 100% bonus for purchases exceeding $5K.
Secure your gains by partaking in the DeepSnitch AI presale now. While you’re at it, feel free to sift through the latest community chatter on X or Telegram.
FAQs
1. Why was South Korea’s crypto stablecoin bill delayed?
Lawmakers postponed the bill due to unresolved concerns raised by stablecoin issuers, particularly around reserve custody and regulatory responsibilities.
2. How is today’s crypto market sentiment shaping up?
Crypto market news today shows slightly improving sentiment, with select altcoins stabilizing and speculative interest shifting toward early-stage projects amid ongoing macro uncertainty.
3. What is driving attention toward DeepSnitch AI in current market conditions?
DeepSnitch AI is drawing attention as a presale project nearing $1M raised, supported by the rollout of its AI-driven prediction and analytics tools rather than broader market momentum.
Michelle DG
Michelle is an editor at CoinCentral & Blockonomi, covering the latest trends in crypto, blockchain, and digital finance. With a sharp eye for detail and a passion for emerging technologies, Michelle ensures every story delivers clarity, accuracy, and insight to our readers.
