Key Insights
- South Korea legalizes tokenized securities because it pushes aggressively into RWAs.
- Polygon lays off 30% of its workers in a serious restructuring effort that can push in the direction of stablecoin.
- Iran’s crypto dependence surged to $7.8 billion in 2025.
Because the week approaches its tail finish, we take a look at among the most noteworthy crypto information occasions. South Korea is embracing RWAs and Polygon is doubling down on its stablecoin technique with some collateral harm.
South Korea is making crypto information headlines this week courtesy of its current regulatory strikes. The race for RWAs is intensifying and the Asian nation is making strikes aimed toward changing into a powerful contender.
South Korean lawmakers have reportedly given the regulatory inexperienced gentle for securities tokenization. This makes it the most recent nation to toss in its bid for the RWAs narrative, which has been one of many key crypto information narratives within the final 12 months.
Preliminary knowledge over the matter revealed that South Korea plans to push its actual property business and inventory market onto blockchain via tokenization.
Polygon on crypto information highlight with its pivot to stablecoins
The Polygon community is reportedly re-adjusting its technique to focus extra on stablecoins. Current stories revealed that the corporate plans to let go of roughly 30% of its workers as a part of the restructuring efforts.
Polygon has not too long ago been making strikes aimed toward securing extra dominance within the stablecoin market. Amongst these efforts was the creation of the Polygon Open Cash stack aimed toward serving to firms to transfer funds on-chain.
Earlier this week, Polygon introduced its plan to turn out to be a regulated cost platform within the US via two new strategic acquisitions.
In the meantime, Polygon crypto launched into a notable retracement this week after its rally final week. The cryptocurrency kicked off January with a formidable rally judging by the 80% plus bullish transfer within the first 10 days of the month.
The retracement this week was anticipated, contemplating that its RSI was in overbought territory. This set the tempo for a profit-taking-induced retracement.
Iran’s full scope of crypto utilization
Iran has been making headlines due to its political and financial woes this week. It even made crypto information headlines after stories revealed that the nation has been using crypto to bypass US sanctions.
A current Chainalysis report revealed that Iran’s crypto utilization in 2025 ballooned to $7.78 billion. The nation’s involvement within the crypto market was virtually non-existent in 2022, however that has since grown aggressively.
In accordance to the report, Iran’s crypto involvement grew far more aggressively in 2025 in contrast to the earlier yr. Furthermore, it additionally revealed that Iranians have been more and more withdrawing extra Bitcoin from exchanges to their personal wallets.
In different phrases, Iranians have been utilizing Bitcoin and different cryptocurrencies as a protected haven during times of battle and financial uncertainty. The nation has not too long ago been fighting elevated inflation and this will clarify the rising demand for crypto within the nation.
The Chainalysis report additionally revealed that crypto adoption surged during times when the nation was in battle. These sorts of observations weren’t remoted.
Demand for crypto has been rising as belief within the conventional banking programs deteriorated. This pattern is more and more outstanding now that the US greenback is dealing with higher financial pressures.
