Metaplanet CEO Simon Gerovich is helping to advance a Bitcoin treasury strategy campaign in Asia through a newly approved acquisition of a South Korean public firm, following a similar move in Thailand earlier this month. South Korea’s SGA Co., a systems integrator serving government and education clients, has received regulatory approval to issue more than 58
The possibility of US President Donald Trump dismissing Fed Chair Jerome Powell has been raised again. National Economic Council Director Kevin Hassett said today that Trump may fire Powell due to cost overruns on the Fed’s headquarters renovation project. It’s well known that the Trump administration has been pressuring Powell to cut interest rates for
Singapore avoided a technical recession as its economy grew more than expected in Q2 2025. According to advance estimates from the Ministry of Trade and Industry (MTI) released Monday, the city-state’s economy expanded by 1.4% on a seasonally adjusted annualized basis—bouncing back from a 0.5% contraction in the previous quarter and beating economists’ forecast of
Andrew Bailey, the Governor of the Bank of England, has issued a warning to the world’s largest banks against issuing their own stablecoins, setting up a potential regulatory and ideological clash with the Trump administration in the United States, which has been actively encouraging stablecoin adoption. In a recent interview, Bailey said he would much
Crypto companies are not waiting around. They’re charging into the US banking system with full force under Donald Trump’s presidency, taking advantage of what they see as a wide-open regulatory window. Ripple, a crypto payments company, and Circle, which handles stablecoins, have both applied for national trust bank charters. BitGo, a crypto custody firm, has
British crypto fintech firm Ziglu has collapsed alongside a cumulative $2.7 million in losses in user funds. According to reports, the firm, which acts as an investment platform, suffered a shortfall worth millions of pounds. Administrators mentioned that they discovered a £2 million black hole at Ziglu, which suspended withdrawals in May and was put
Hong Kong’s Financial Secretary, Paul Chan Mo-po, was on a three-day visit to Seoul, South Korea, where he worked on promoting the special administrative region’s (SAR) latest developments and opportunities to the local financial, trade, business, and innovation sectors. The visit is part of Hong Kong’s recent attempt to position itself as a hub for
The Czech National Bank (CNB) has arrived on the crypto scene according to its latest U.S. regulatory filing. The central bank of the European nation added a new position in Coinbase during the second quarter of 2025, marking a rare publicly recorded exposure to a crypto-related equity. The move came alongside an increase in the
A growing number of publicly traded companies are stockpiling digital assets in their corporate treasuries—a sign of growing interest in crypto as prices soar. But as more firms imitate software firm Strategy’s token-HODLing playbook, things have become weird. Several publicly traded companies with unorthodox operating businesses are beginning to add Bitcoin and other virtual currencies