Stablecoins Could Become A Deposit Magnet For US Banks, White House Official Says

A top White House official is pushing back against warnings that stablecoins will drain money from American banks — arguing the opposite is true. Related Reading: Crypto Thieves Pivot To Phishing As Protocol Hacks Decline In February Foreign Money, Domestic Gains Patrick Witt, executive director of the White House Council of Advisors for Digital Assets, posted on X this week that when foreigners convert local currencies into dollar-backed stablecoins issued by US companies, that capital flows into the American banking system, not away from it. дальше »

2026-3-13 01:00

Here’s why Hong Kong is rethinking how insurers invest in crypto and infrastructure

Hong Kong is reviewing how its insurance sector allocates capital, as regulators look to balance financial stability with the city’s push into digital finance and large-scale infrastructure. New proposals from the insurance watchdog suggest a shift in allowing insurers to invest in cryptocurrencies, stablecoins, and government-prioritised projects, reports Bloomberg. While still at an early stage, […] дальше »

2025-12-23 11:05

How asset tokenisation is transforming investment access in the Philippines

Asset tokenisation is beginning to change how Filipinos engage with financial products, with new research showing how the country’s digital habits are accelerating this shift. The white paper for Project Bayani: The Philippines’ Asset Tokenization Opportunity was published today by the Philippine Digital Asset Exchange (PDAX), Saison Capital, and Onigiri Capital. It outlines how tokenised […] дальше »

2025-11-27 15:05

Stablecoin issuer Circle amends policy to allow legal firearm transactions

Stablecoin issuer Circle has reversed its previous restriction on using USDC for firearm purchases, following weeks of criticism from conservative groups and gun rights advocates. The change highlights the growing tension between digital payment platforms and constitutional rights in the United States, where financial intermediaries are increasingly pressured to define what counts as “lawful commerce.” […] дальше »

2025-11-7 16:44

Laos to end electricity supply to crypto miners by 2026 to power industrial growth

Laos is preparing to disconnect cryptocurrency miners from its national grid by the first quarter of 2026, as per a Reuters report. The government says the move will help redirect valuable electricity to sectors that contribute more directly to long-term economic growth, such as artificial intelligence data centres, metals refining, and electric vehicle manufacturing. The […] дальше »

2025-10-18 13:52

China Financial Leasing’s $11M plan signals Hong Kong’s AI-crypto ambition

Hong Kong-listed China Financial Leasing Group has announced plans to raise $11.1 million to build a cryptocurrency and artificial intelligence (AI) investment platform. The decision, which drove the company’s shares up by 25% on Monday, underscores Hong Kong’s evolving role as a regulated hub for digital assets and fintech innovation. The company’s fundraising move aligns […] дальше »

2025-10-7 12:17