China is reportedly exploring the possibility of using yuan stablecoins for oil transactions, a move that could significantly advance the international use of its currency. China National Petroleum Corporation (CNPC), one of the world’s largest energy companies, recently disclosed plans to begin a feasibility study on using stablecoins for cross-border settlements and payments. CNPC Mentions
American Bitcoin, the mining venture co-founded by Eric Trump and Donald Trump Jr., is preparing for a high-profile debut on Wall Street. It adds to the list of crypto-related firms going public in the US, riding on regulatory purview under the Trump administration. American Bitcoin’s IPO: Everything You Need to Know The firm, backed by
The Stablecoins Landscape in Latam report, issued by Bitso, recently revealed that institutional stablecoin adoption exploded in the region, with new use cases surging as these instruments emerge from the regulatory gray zone in countries such as Mexico and Argentina. Bitso Report Specifies Institutional Stablecoin Adoption Has More Than Doubled in Latin America Latin America
Changpeng Zhao (CZ), founder and former CEO of Binance, the world’s largest cryptocurrency exchange, made important statements about the cryptocurrency industry. Speaking at the BitcoinAsia event held in Hong Kong, CZ claimed that Bitcoin will eventually become the global reserve currency. Stating that he has personally witnessed the development of BTC from its first day
HONG KONG — Binance founder Changpeng “CZ” Zhao believes the convergence of equity markets and crypto is ushering in a new era for digital assets, one that expands access to institutional capital and broadens crypto’s global reach. But he cautions that the sector still faces significant risks, especially as it enters its first major bull
Key Takeaways Stephen Miran, Trump’s nominee for Federal Reserve Governor, is set for a Senate confirmation hearing on September 4. Miran’s confirmation is likely, despite opposition, ahead of the Federal Reserve’s key rate-setting meeting. The Senate Banking Committee will hold a confirmation hearing for Stephen Miran, Trump’s nominee to the Federal Reserve Board, on September
A patchwork of crypto executives is teaming up to raise $200 million to take their blank-check company public amid a boom in crypto public debuts. The Cayman Islands-based Bitcoin Infrastructure Acquisition Corp Ltd, a special purpose acquisition company (SPAC), plans to offer 20 million shares for $10 each on the Nasdaq under the ticker “BIXIU,”
The second-annual Bitcoin Asia 2025 conference kicked off Aug. 28 in Hong Kong, welcoming leaders worldwide in the virtual currency space. The city has also pursued onerous regulations to rein in the dealings of digital assets to protect investors and control financial risks. The two-day event attracted more than 17,000 ticket registrations, nearly three times