Fed Chair Jerome Powell announced today an updated monetary policy approach that prioritizes price stability and leaves some elements of the previous framework behind. Powell’s speech at the annual conference in Jackson Hole indicated that the Fed’s new framework moves away from its “make-shift” strategy and emphasis on low interest rates in 2020. The new
Hong Kong’s financial sector is grappling with an unprecedented surge of interest in real-world asset (RWA) tokenization as mainland Chinese institutions pour resources into developing blockchain-based products in the city. The big moves follow the rollout of its new stablecoin licensing framework. Industry leaders and advisers are now pressing the government to accelerate regulatory measures
On August 22, 2025, following a regulatory green light, Haycen obtained from the Bermuda Monetary Authority (BMA) the license for the issuance of fully collateralized and multi-currency stablecoins. In this context, the path opens for B2B solutions for international payments and supply chain financing. (source: CoinDesk) According to the data collected from market analysis conducted
The total US dollar-pegged stablecoin market is projected to swell to $1.2 trillion by 2028, spurred on by comprehensive crypto regulations in the United States, according to crypto exchange Coinbase. Coinbase said the projections mean the US Treasury issuance would have to be $5.3 billion per week over the next three years to satisfy demand
Crypto-focused company stocks rose Friday alongside digital coins following a more dovish-than-expected speech from Federal Reserve Chairman Jerome Powell. Nasdaq-listed Coinbase (COIN) spiked and was recently trading more than 6% higher on the day at $319. Meanwhile, Bitcoin treasury and software firm Strategy—MSTR—was up by nearly 65 to $354. Both had been trading down in
London’s once-prized IPO market has slumped to its weakest level in three decades, even as the US enjoys a resurgence powered by crypto and AI listings. The contrast reflects a structural realignment in global capital flows, with new-economy sectors choosing New York over London as their preferred launch pad. London IPO Market Stumbles to a
Bitcoin, Ethereum, and the overall crypto market remained calm ahead of a speech by US Federal Reserve Chair Jerome Powell in Jackson Hole. Bitcoin Holds at $113,000 Ahead of Jackson Hole Bitcoin fell 0.74 percent in the last 24 hours to $112,018, while Ethereum fell 0.1 percent to $4,204. Vincent Liu, Investment Director at Kronos
Crypto-linked stocks and digital assets surged on Friday after Federal Reserve Chair Jerome Powell signaled that the central bank could begin cutting interest rates as soon as September. The tone marked a shift after weeks of growing investor doubt that the Fed would act before year-end. Bitcoin BTC$115,244.11 and ether (ETH) both moved higher following
China appears to be weighing the launch of a yuan-backed stablecoin, with an initial rollout in Hong Kong and Shanghai, a surprising shift after years of cracking down on crypto while promoting its central bank digital currency, the digital yuan. In the latest episode of Byte-Sized Insight, Cointelegraph spoke with two leaders analyzing China’s potential