A16z crypto, a venture capital fund of Andreessen Horowitz (a16z), said it is expanding into Asia, opening an office Seoul and hiring Sungmo Park to head operations in the region. South Korea is the world’s second-largest crypto market, the Andreessen Horowitz unit said in a blog post. The office will work with founders by building
Former biotech company ETHZilla (ETHZ) is doubling down on its push into real-world asset markets, taking a 15% stake in digital housing lender Zippy to bring manufactured-home loans onchain. The deal marks the company’s second acquisition in a week. According to Wednesday’s announcement, ETHZilla will pay $5 million in cash and $16.1 million in stock
In a move that underscores the UAE’s growing role in digital finance, Crypto.com and Sirius International Holding have unveiled an adi chain integration aimed at accelerating institutional-grade blockchain adoption. Summary Crypto.com and Sirius join forces on sovereign digital infrastructure Exchange, payments and institutional opportunities Strategic vision and leadership statements Building a new digital asset economy
The IMF released a report warning that stablecoins could pose a big risk to emerging markets and developing economies (EMDEs), potentially undermining local currencies. The December report claimed that stablecoins could facilitate capital outflow and currency substitutions across EMDEs, but experts say the market is too small for a meaningful macroeconomic impact. However, the IMF
Norway’s central bank has decided to pause work on its Norway CBDC project, even as the country rapidly moves toward one of the world’s most cash-light economies. Summary Norway Norges Bank’s latest stance on CBDC Research findings and the digital payments backdrop Nordic policy context and future outlook Norway Norges Bank’s latest stance on CBDC
Money market traders are pricing in an ECB rate hike in the coming months, ending the period of relatively low rates. On the other hand, Polymarket predictions point to unchanged rates for most of 2026. The credit landscape in 2026 may include ECB rate hikes and an increased economic outlook for the Euro area, after
Community-driven football management and trading game Soccerverse has signed an agreement with FIFPRO, the international body representing professional footballers, a first authentic move for blockchain-based football titles. According to a press statement shared with Cryptopolitan on Wednesday, the deal grants the project access to the names and images of more than 65,000 players, which gives
Following the Federal Reserve’s announcement of a 25 basis point interest rate cut, in line with expectations, a striking assessment emerged indicating a deepening of disagreements within the institution. Nick Timiraos, known as one of the best readers of the Fed’s internal communications, noted that despite the third consecutive interest rate cut, there was an
The Fed, as expected, cut interest rates by 25 basis points. Now all eyes will be on Federal Reserve Chairman Jerome Powell’s press conference, which begins at 22:30 (UTC+3). Here’s Bitcoin’s initial reaction after the decision: In addition: The Fed will begin purchasing Treasury bonds on December 12th. The Fed stated that it will evaluate
Ahead of the Federal Reserve’s expected 25 basis point interest rate cut, which is anticipated to be announced in minutes, Kevin Hassett, a figure closely watched by the markets and expected to become the new Fed Chairman, made some very significant and noteworthy statements regarding monetary policy. Hassett, the White House Director of the National