“`html The initial supervised stablecoin linked to the international variant of the Chinese yuan (CNH) intended for foreign exchange markets, and a South Korean won (KRW) stablecoin introduced this week as the global stablecoin competition intensifies.Financial technology firm AnchorX launched its AxCNH yuan-pegged stablecoin on Wednesday at the Belt and Road Summit in Hong Kong, according to Reuters, following a regulatory shift in China welcoming stablecoins for global markets.This stablecoin aims to streamline cross-border transactions with nations involved in the Belt and Road initiative, an infrastructure endeavor constructing physical roads connecting China to the Middle East and Europe, while establishing…
Autore: wsjcrypto
“`html Reliable Editorial material, evaluated by prominent industry authorities and experienced editors. Ad Disclosure The US Commodity Futures Trading Commission (CFTC) proclaimed fresh appointments to its Global Markets Advisory Committee and the Digital Asset Markets Subcommittee on September 19, 2025. This initiative introduces new representatives from both cryptocurrency and Wall Street companies into positions designed to counsel the agency on digital asset matters. New Leadership and Their Identities Sources have revealed that Scott Lucas, Managing Director and Head of Markets Digital Assets at J.P. Morgan, alongside Sandy Kaul, Executive Vice President at Franklin Templeton, will serve as co-chairs for the…
THE Department of Trade and Industry (DTI) announced it is examining a more rigorous licensing framework for contractors to minimize corruption in public works. Trade Secretary Ma. Cristina A. Roque indicated that a fact-finding committee established by the DTI will enable the DTI to assess what modifications should be implemented to enhance the licensing procedure for contractors, which is presently managed by the Philippine Contractors Accreditation Board (PCAB). “We’re collaborating with the Department of Public Works and Highways (DPWH) and the independent organization set up by the President,” she informed journalists. Among the modifications being contemplated is a prohibition on…
“`html Semilore Faleti is a digital currency author focused on the realm of journalism and content development. Although he initially began writing on various topics, Semilore quickly discovered a talent for navigating the complexities and nuances within the captivating domain of blockchains and digital currencies. Semilore is captivated by the effectiveness of digital assets regarding value preservation and transfer. He is a fervent supporter of cryptocurrency adoption, believing it can enhance the digitalization and transparency of current financial frameworks. Over two years of active cryptocurrency writing, Semilore has addressed several facets of the digital asset sector, including blockchains, decentralized finance…
“`html President Donald Trump has proposed that US broadcasting networks critical of his administration should have their broadcast licenses revoked. The statements arose as he commended ABC for suspending late-night host Jimmy Kimmel, whose monologue regarding the passing of conservative influencer Charlie Kirk incited backlash. Addressing reporters aboard Air Force One during his return from a state visit to the UK, Trump asserted that approximately 97% of media coverage concerning him is unfavorable. He remarked that network owners presently possess broadcast licenses and queried whether those licenses ought to be “revoked.” The catalyst for these remarks was Kimmel’s latest show…
“`html Tech-oriented venture capital organization YZi Labs has augmented its investment in Ethena, the stablecoin creator behind USDe, which will promote the digital dollar’s integration across decentralized and centralized platforms.The funding will facilitate Ethena USDe’s (USDe) growth on BNB Chain while allowing Ethena to persist in developing its USDtb stablecoin and an institutional settlement layer, “Converge,” Changpeng Zhao’s YZi Labs stated in an announcement on Friday.USDtb is supported by short-term treasury assets, comprising BlackRock’s BUIDL, while Converge is an Ethereum Virtual Machine-compatible chain aimed at tokenizing real-world properties.This initiative backs YZi’s mission to “facilitate open, scalable digital dollar frameworks that…
“`html The US Department of the Treasury on Thursday initiated a second phase of public feedback regarding the execution of the GENIUS Act, legislation focused on overseeing stablecoin transactions in the US that was enacted by US President Donald Trump. In a Thursday announcement, the Treasury noted that, although an advance notice of proposed rulemaking was not needed to execute the GENIUS Act, it encouraged the public to provide input on the stablecoin legislation, stating it would expand on its initiatives.The Treasury formally launched comment opportunities in August, allowing the public until Oct. 17 to express concerns or insights related…
“`html Early Riders, a venture fund centered on Bitcoin, has unveiled The Stables, an accelerator initiative in Texas Hill Country designed to assist Bitcoin start-ups globally. The initiative provides 2-5 BTC in financing, a four-week residency, and access to Bitcoin developers and operators, focusing on start-ups with market-ready offerings in financial services and technology. Michael Tanguma, the creator of Early Riders and Onramp, a Bitcoin financial services company, shared with Bitcoin Magazine, “We concentrate on consumer investments that are commercially viable today — items that individuals desire and are willing to pay for today.” The Stables accelerator aims to support…
“`html By Edg Adrian A. Eva, Journalist Tropical Storm Nando is anticipated to escalate into a typhoon or potentially a super typhoon as it progresses toward Northern Luzon, where tropical cyclone wind signals (TCWS) of up to Signal No. 5 may be raised, as per the state weather agency on Friday. “As it approaches our nation… it is predicted to further strengthen, and by tomorrow it may evolve into a typhoon, and by Monday, a super typhoon,” Nathaniel T. Servando, head of the Philippine Atmospheric, Geophysical, and Astronomical Services Administration (PAGASA), stated during a press conference. Nando, with sustained winds…
“`html Trusted Editorial material, assessed by prominent industry specialists and experienced editors. Advertisement Disclosure In a surprising discovery, social media platform X (previously named Twitter) revealed that it is taking decisive measures against a bribery operation facilitated by crypto fraudsters. As per the platform’s information, this assembly of suspended accounts connected to crypto frauds attempted to bribe X staff to regain their after being disabled accounts. Bribery Effort Associated With Global Cybercrime Syndicate: X In a post dated September 19 on its platform, X’s Global Government Affairs division issued a declaration, asserting that certain suspended accounts involved in crypto frauds…