Saifedean Ammous, economist and author of the best-selling book The Bitcoin Standard, criticized Argentina’s President Javier Milei for his economic performance, highlighting the failed bond rollover despite one of the highest interest rates in history. Ammous believes that the country will likely default, as it owes over $40 billion to international institutions. Bitcoin Standard Author
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. BlackRock’s $366M crypto transfer signals potential selling pressure as Bitcoin touched 112K before recovering. TORICO surged on Gentosha’s partnership for Web3 expansion. Fed Chair Powell’s Jackson Hole speech
The Council on Foreign Relations warns that USD stablecoins could reshape global finance and weaken Beijing’s control. China is preparing to counter with tightly monitored digital money designed to reinforce, not reduce, state authority. USD Stablecoins and US Policy The Council on Foreign Relations (CFR), a prominent US think tank on diplomacy and international politics,
A new report suggests that tokenizing real-world assets (RWA) could help resolve structural inefficiencies in Latin American capital markets and accelerate investment flows. Bitfinex Securities El Salvador’s Latin America Market Inclusion Report, released on August 20, said RWA tokenization can cut issuance costs for capital raises by up to 4% and reduce listing times by
Asia’s wealthiest families and family offices have significantly increased crypto exposure, taking advantage of improving regulations and strong returns. These high-net-worth investors now view digital assets as integral to a modern diversified portfolio. Wealth Managers Report Rising Crypto Allocation Wealth managers across major Asian markets report surging interest. UBS indicates some overseas Chinese family offices
Crypto equities, which had strongly outperformed Bitcoin over the past 18 months, are now showing signs of fatigue. Amidst a broader market pullback, investors appear to be fleeing riskier corners of the market. No IPO, No Catalyst After a stellar 18-month run, crypto equities are beginning to lose momentum relative to Bitcoin, according to the
Singaporean bank DBS will tokenize structured notes using Ethereum, the company announced Thursday. The bank said it had partnered with digital platforms ADDX, DigiFT, and HydraX to distribute the product. Structured notes blend debt securities and derivatives contracts to provide investors with exposure to a range of assets, including stocks and commodities. They are linked
Ripple owns billions of dollars worth of XRP, but company shares trading on private secondary markets don’t fully reflect that, according to VivoPower advisory board member Adam Traidman. As a private company, Ripple’s shares have less liquidity than they would on a stock exchange, so the company’s share price is primarily determined across individualized deals—often
The price of Bitcoin and other cryptocurrencies fell on Thursday as the president of the Cleveland Federal Reserve, Beth Hammack, said she wouldn’t support cutting interest rates if forced to make a decision tomorrow. “With the data I have right now and with the information I have, if the meeting was tomorrow, I would not
This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. As we reach the end of August, all eyes are once again on the Grand Tetons. Not because of its striking views, but because the annual Woodstock of central banking is about to go down. Tomorrow morning, Fed Chair Jerome Powell