Senate Bans Fed CBDC, South Korea Market Crash, and Wall Street Enters Tokenization

The U.S. Senate just passed legislation banning Federal Reserve CBDCs until 2030, marking a major policy shift. Meanwhile, South Korea's stock market crashed 10%, wiping over eight hundred billion dollars and dragging crypto down with it. Plus, traditional finance giants are rushing into tokenization-OKX partners with the NYSE, Charles Schwab teams up with Cboe for prediction markets, and Baillie Gifford launches tokenized funds. We also cover Bitcoin ETF outflows finally slowing after six brutal weeks, Ethereum's talent exodus sparking new independent research labs, and the crypto tax bill push from industry groups urging Congress to act.