BITPRISMIA
Stablecoins and decentralized finance (DeFi) have the potential to significantly reduce financial costs and economic friction globally, with experts estimating up to $1 trillion in unlocked economic value annually.
El Salvador is planning to launch Bitcoin-only banks, aiming to revolutionize its financial system by promoting Bitcoin adoption and financial sovereignty.
The article warns that the UK risks falling behind in the global crypto sector due to a lack of decisive regulation, drawing parallels to the transformative 'Big Bang' financial reforms of the 1980s and urging proactive measures to seize opportunities in crypto and fintech.
Visa's expansion of its stablecoin settlement platform aims to revolutionize global transactions by integrating new stablecoins and blockchain networks, enhancing speed, efficiency, and accessibility for cross-border payments.
Stablecoins are poised to transform non-bank transactions in Japan, with the Bank of Japan recognizing their potential to enhance financial inclusion and efficiency, while also addressing regulatory and stability concerns.
Hong Kong is preparing to formalize the issuance of tokenized bonds by 2025-26, marking a significant step towards digital finance and reinforcing its position as a global financial hub.
BlackRock suggests that clear regulatory frameworks for stablecoins, like the U.S. GENIUS Act, could strengthen the U.S. dollar's global standing by enhancing financial stability and innovation while empowering emerging economies.
President Trump signed the GENIUS Act into law, aiming to establish a comprehensive regulatory framework for digital assets, reinforce the U.S. dollar's global dominance, and foster innovation in the crypto industry.
Metaplanet's CEO reaffirms the company's exclusive focus on Bitcoin as its treasury strategy, which has significantly boosted its stock performance and Bitcoin holdings, with ambitious future accumulation goals.
The European Central Bank (ECB) has approved a settlement project using Distributed Ledger Technology (DLT), marking a significant step towards modernizing Europe's financial infrastructure and exploring the potential of digital finance innovations.