The Kyrgyz Republic will launch the USDKG stablecoin in the third quarter of 2025, which is pegged 1:1 to the US dollar and backed by physical gold. The initial gold reserve is 300 million US dollars and plans to expand to 2 billion US dollars. The project is supported by the authorization of the Kyrgyz Ministry of Finance and is financed by purchasing gold from the national bank. USDKG uses an overcollateralized model to cope with gold price fluctuations, and holders can exchange physical gold,...
Mexico's third richest man, Ricardo Salinas Pliego, has said he is considering converting his entire portfolio to bitcoin.
Headquartered in Nashville, Tennessee, USA, Financial Institution Group Fifth Third Bancorp began working with cryptocurrency companies about five years ago, but did not make major investments until the regulatory environments became clearer, according to its chief strategy officer Ben Hoffman. After building a small base of crypto customers who use the bank's deposit accounts and payment capabilities, the agency is considering how to further expand its crypto business.
总部位于美国田纳西州纳什维尔金融机构 Fifth Third Bancorp.大约五年前就开始与加密货币公司建立合作关系,但一直没有进行重大投资,直到监管环境变得更加明朗,据其首席战略官 Ben Hoffman 表示,在建立了一小部分使用该行存款账户和支付能力的加密客户群后,该机构正在考虑如何进一步扩大其加密业务。
Citi predicts "third-quarter copper crash": Can the $8,800 line hold?
US President Donald Trump made it clear in a TV interview broadcast on May 4 local time that he does not seek to remain president beyond the end of his current term. In an interview on NBC's "Talk to the Press" TV program, Trump named both Vice President James Vance and Secretary of State Marco Rubio, arguing that they are rising stars in the Republican Party and are expected to take over the conservative mantle and continue to advance the "Make America Great Again (MAGA) " policy agenda. Trump ...
On March 31st, US President Donald Trump said in an interview with NBC on Sunday that he is not joking about seeking a third term as president of the United States, but it is too early to consider doing so. The 22nd Amendment to the US Constitution stipulates that the same person can only serve two terms as president. "I'm not joking, but it's too early to think about it. There are ways to do that," Trump said. But he refused to elaborate on the specific method. When reporters asked about a poss...
Mr. Trump said "seeking a third term is no joke", although conceding that the timing was early, with undercurrents swirling within the Republican party, from the "technical manoeuvres" of Vice President Vance's campaign to allies pushing for extension legislation. Click to view...
The core PCE in the United States exceeded expectations across the board in February, and gold defied everything to reach a new high! Fed Daly said there are still two interest rate cuts expected this year, and Trump said that starting a third term is no joke... What major events have happened around the world since last Friday?
According to Alex Xu, a research partner at Mint Ventures, Coinbase CEO Brian Armstrong and CFO Alesia Haas recently expressed their consideration of tokenizing the company's shares to enable trading of US stocks on the Base blockchain. If the process goes well, US stocks are expected to become the third largest category of RWA (real world) after stablecoins (USDT, USDC) and national debt (Buidl).
According to Coingecko data, after being selected as one of the five targets of Trump's cryptocurrency war reserve, the market value of Ripple (XRP) has surpassed Tether and re-emerged as the third largest cryptocurrency in the world. This morning, its market value briefly exceeded 170 billion US dollars.
XRP surpassed USDT to become the third largest cryptocurrency in the world, with a total market capitalization of nearly $170 billion. It was previously selected as one of the top five targets of Trump's cryptocurrency war.
On February 24th, Bybit CEO said that the POR report is audited by a third party, Hacken. The whole purpose of auditing POR is to prove that user funds are supported at a 1:1 ratio. In addition, complete, consolidated, audited financial data, including off-chain bank assets, is also available, which ensures the health of internal governance and operations, and has now been submitted to global regulators.
Fidelity Investments, the world's third-largest asset manager, saw its funds increase in assets by $1 trillion over the past year as revenue jumped to a record high. Boston-based Fidelity said in its annual report on Tuesday that assets under management in its own investment funds and managed accounts rose to $5.90 trillion in 2024 from $4.90 trillion the year before. Revenue rose 16 per cent to a record $32.70 billion and operating expenses rose 14 per cent.
On February 13th, according to the news of thirdweb, the company has officially acquired the decentralized social platform Yup to enhance its Web3 social SDK capabilities and support the Farcaster and Lens Protocol ecosystems. Yup was founded by Nir Kabessa (CEO) and Vernon Johnson (CTO), focusing on decentralized social and identity protocols. Its founders will serve as senior product managers and senior software engineers at thirdweb, respectively. The acquisition aims to promote the construct...