Crypto News
Hong Kong’s Upcoming Stablecoin Rules to Shake Up US Dollar Dominance, Deter Bigger Players
The city has aligned its fintech push with China's de-dollarization efforts as new stablecoin laws take effect in August.Source link
Terra Nexus Enters Into an MoU With a Chinese Government-Owned Enterprise “Sinohydro”
This content is provided by a sponsor. PRESS RELEASE. Terra Nexus Project Management Service CO.L.L.C S.O.C (Representative: Hidetoshi Tashiro) based in Dubai, UAE, has entered into a memorandum of understanding (MoU) with Sinohydro Bureau 6 Co., Ltd. (hereinafter “Sinohydro”), a Chinese government-owned infrastructure company, regarding a mining partnership for mining resources in the West AfricanSource link
Why Spanish Vanadi Coffee’s $1.1B Bitcoin Bet Will ‘Likely Fail’
With just six locations and millions in losses, Vanadi is hoping its crypto pivot can lift financials and bolster confidence in its business.Source link
Ark Invest Chief Sees Major Gains for Crypto and Housing in New Mortgage Plan
Ark Invest CEO Cathie Wood says a new policy allowing crypto as mortgage collateral could transform homeownership for digital asset holders by removing a key barrier. New Mortgage Policy Could Bridge Crypto and Real Estate Worlds A proposed change in mortgage policy could open the door to homeownership for crypto-heavy investors. Ark Invest CEO CathieSource link
Coinbase Custodies 81% of $140 Billion in Crypto Assets Held by US ETFs
Eight of the top 10 bitcoin-holding public firms rely on Coinbase, which now also custodies an astounding 81% of the $140 billion in crypto assets held by ETFs. $140 Billion in US Crypto ETFs: Coinbase Custodies 81% of Total Crypto exchange Coinbase (Nasdaq: COIN) is increasing its presence in institutional crypto custody, reflecting its expandingSource link