Around a quarter of British adults say they’re open to crypto forming part of their retirement plan, suggesting that crypto could claim a larger share of the UK’s multitrillion-dollar pension fund market. UK insurance company Aviva said on Tuesday that its poll of 2,000 UK adults found 27% were open to crypto in their retirement
Welcome to the Asia Pacific Morning Brief—your essential digest of overnight crypto developments shaping regional markets and global sentiment. Grab a green tea and watch this space. Vietnam’s Da Nang launches Asia’s first FATF-compliant crypto payment sandbox while Korea’s FSS inspects Bithumb for ignoring lending service suspension orders, highlighting regional regulatory divergence. Vietnam Launches First
European officials are considering whether to issue the digital euro on public blockchains like Ethereum or Solana, in a departure from earlier plans for a closed, centrally run system. The debate has intensified in recent weeks ever since the U.S. passed its first stablecoin law in July, giving regulated dollar-backed tokens a head start in
YZi Labs, the rebranded Binance Labs, the investment arm of cryptocurrency exchange Binance, has announced a strategic investment in USD.AI, a stablecoin protocol that provides funding for artificial intelligence (AI) infrastructure. While the investment amount was not disclosed, it was stated that this move will support USD.AI’s goal of developing a synthetic stablecoin solution that
Polymarket, the largest cryptocurrency prediction market platform, has received a multi-million dollar investment from 1789 Capital, a venture capital firm co-owned by Donald Trump Jr. According to Axios, Trump Jr. also joined Polymarket’s advisory board following this investment. 1789 Capital’s investment totaled double-digit millions of dollars, while Polymarket’s most recent valuation was over $1 billion
Republic Digital made a strategic investment in RWA firm Centrifuge via its Opportunistic Digital Assets Fund. Summary Republic Digital’s Opportunistic Digital Assets Fund invested in Centrifuge RWA firm The company’s JAAA ETF enables ordinary investors to buy in complex fixed-income products Centrifuge’s TVL grew from $120M to $1.2B in just 6 months Real world assets
Hong Kong is moving fast to build its digital finance market through real-world asset (RWA) tokenization, exchange-traded funds (ETFs), and new stablecoin rules. Yet steep costs and compliance demands continue to hold back smaller issuers. On August 26, trading volumes in the city’s six virtual asset ETFs reached HK$56.4 million ($7.2 million). The figures show
While the US GENIUS Act is being celebrated as a market catalyst for stablecoin adoption, Japan’s earlier reforms show the flip side: Clarity doesn’t automatically translate into immediate real-world utility. Japan had the world’s first comprehensive stablecoin regime in 2023, but adoption has been muted. Licensed issuers exist on paper, yet there’s no thriving yen-stablecoin
The world’s largest investment firm, BlackRock, continues to flex its muscle in the cryptocurrency space through the steady accumulation of assets via spot exchange-traded funds (ETFs). To this end, data indicates that the company poured $314.9 million into its Ethereum spot ETF (ETHA) on August 25, marking one of the biggest single-day inflows since trading
The cryptocurrency world is buzzing with news of a significant development. YZi Labs, a prominent name in blockchain innovation and formerly known as the influential Binance Labs, has just made a strategic investment in USD.AI. This isn’t just any investment; it’s a deep dive into the burgeoning sector of the AI lending protocol, signaling a