Polymarket faced a wave of fear, uncertainty, and doubt (FUD) amid growing scrutiny of its prediction markets. Meanwhile, South Korean crypto traders—often referred to as "kimchi" investors—are making aggressive bets on digital assets, highlighting the region's outsized influence on market sentiment. On the regulatory front, the Office of the Comptroller of the Currency (OCC) issued new rules impacting crypto-related activities for national banks. In parallel, JPMorgan is reportedly advancing plans for a proprietary deposit coin, signaling deeper institutional integration of blockchain-based financial instruments.