Fasset, a digital asset investment platform, has been given a provisional banking license in Malaysia, clearing the way for what it calls the world’s first stablecoin-powered Islamic digital bank. The move places Fasset within a regulated sandbox for Islamic fintech, enabling the company to expand its existing digital asset platform into full-service banking, the company
On-chain data shows the Bitcoin short-term holder whales are sitting on their highest unrealized gain of the cycle after the latest rally. Bitcoin Short-Term Holder Whales Are Carrying $10.1 Billion In Profits As pointed out by CryptoQuant community analyst Maartunn in a new post on X, the Bitcoin short-term holder whales have seen their profits
India will introduce a digital currency backed by the Reserve Bank of India as part of a broader strategy to discourage private cryptocurrencies lacking sovereign or asset backing, Union Minister of Commerce and Industry Piyush Goyal announced on Monday. The “RBI-guaranteed” digital currency aims to simplify transactions, reduce paper consumption, and enable faster, traceable payments
The recent announcement of the Trump Administration regarding hypothetical stimulus checks to American taxpayers from tariff dividends has analysts speculating about its effects on the price of cryptocurrencies, which might be pushed up by the injection of fresh liquidity. Analysts Believe Hypothetical Trump Stimulus Might Spark Crypto Bull Run The recent announcement of President Donald
Polkadot ecosystem is witnessing unprecedented growth with its DePIN-based parachain PEAQ showing an increase in the number of transactions by 500% in Q-3 2025. The spike is considered an important result of the network gaining developers interested in a reliable and scalable blockchain infrastructure. Polkadot recently published transaction statistics from PEAQ, which demonstrated exponential growth.
Government officials from India and Nigeria both made statements on crypto today, but they took surprisingly different directions. Both explicitly acknowledged pros and cons, yet their speeches have many key differences. India’s Minister of Commerce and Industry focused on the negatives of Web3, although he alluded to a CBDC. Nigeria, meanwhile, is forming a Committee
Kansas City Fed President Jeffrey Schmid has indicated that he isn’t in support of further Fed rate cuts due to rising inflation. Schmid is the latest Fed official to raise concerns over inflation, even as the market continues to price in another 25 basis points (bps) cut at the upcoming FOMC meeting, which could impact
Two major Wall Street investment banks have issued differing views on the newly public fintech firm Figure (FIGR), as the company works to expand its blockchain-based lending and capital markets platform beyond home equity lines of credit. Keefe, Bruyette & Woods (KBW) initiated coverage of Figure with an “outperform” rating and a 12-month price target
Bitcoin’s price hit new records Monday, as the so-called debasement trade has become more attractive. But Bitcoin mining company stocks rose even quicker, furthering sizable gains seen across the industry in recent weeks. Top public companies in the mining space—including the Nasdaq-listed HIVE Digital, MARA, and CleanSpark—all shot up on Monday ahead of the closing