Australian 40-year economic outlook recognizes ‘AI revolution,’ omits crypto
Treasury named AI among five major transitions expected to reshape Australia’s economy, while Coinbase says the report overlooks the digital financial…
Kakao Pay, KakaoBank to explore stablecoin opportunities with Fireblocks
Kakao Pay and KakaoBank are exploring digital asset opportunities with Fireblocks, including infrastructure for stablecoins. Source：Cointelegraph
Saudi Arabia exits China-backed mBridge CBDC project: FT
Saudi Arabia has left mBridge, a crossborder CBDC platform that has drawn scrutiny from US policymakers, according to the Financial Times. Source：Cointelegraph
Ondo lets institutions convert stocks directly into tokenized shares
Ondo’s new inkind conversion system allows approved institutions to mint and redeem tokenized stocks and ETFs using the underlying securities instead of cash.…
Crypto PAC to spend $30M opposing Sherrod Brown in Ohio, again
The digital assetaligned PAC joined other groups to spend more than a combined $300 million in the 2024 Ohio Senate race, resulting in Sherrod Brown’s loss to…
Bitcoin price tags $86K as analysis sees crypto in ‘new bull market’
Bitcoin crossed the $86,000 mark for the first time since late January as falling oil prices and concerns over supply lifted US stocks. Source：Cointelegraph
Crypto Biz: CLARITY Act setback puts Coinbase in the spotlight
Coinbase draws scrutiny after the CLARITY Act stalls, while the SEC moves ahead with tokenized stocks and crypto firms push deeper into payments.…
ECB launches Pontes to settle tokenized assets without stablecoins
Pontes will expand its services and operating hours gradually, with full implementation expected by 2028 and more participants set to join. Source：Cointelegraph
Bank of Korea launches 24-hour won settlement pilot for foreign investors
The Bank of Korea’s new network will let foreign investors settle won transactions during business hours in their home countries. Source：Cointelegraph
Bitcoin reclaims 50-week moving average as analysts eye end of bear market
Bitcoin’s move above its 50week moving average has historically marked the end of bear markets, but analysts say one weekly close isn’t enough to confirm a new…
Hana Bank taps Euroclear blockchain for $100M bond issuance: Report
The fiveyear digital bond reportedly shortened settlement from three to five business days to the same day using Euroclear’s blockchain infrastructure.…
North Korean fake recruiters infect 30K devices, steal $10.7M in crypto
North Korean cyber group WaterPlum targeted developers with fake jobs at crypto, AI and NFT companies, infecting at least 30,000 devices across more than 100…