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Connectbase has launched Linkbase, a new feature within its Connected World platform, aiming to automate and digitise the connection approval process between buyers and sellers in the global connectivity ecosystem. This initiative seeks to replace manual matchmaking with a structured, data-driven approach, enhancing efficiency and scalability in forming partnerships. Linkbase supersedes the previous Network Radar module, introducing functionalities that allow users to search, discover, engage, and connect […]

Kyrgyzstan is set to launch a gold-backed stablecoin, the Gold Dollar , in the third quarter of 2025. The initiative, spearheaded by the Ministry of Finance, aims to integrate blockchain technology into the national financial system, offering a transparent and stable digital asset backed by $500 million in gold reserves. Plans are underway to increase this backing to $2 billion within two years.

Unlike central bank digital currencies , USDKG operates within a privately managed smart contract ecosystem, ensuring security and transparency without central bank control. The stablecoin is pegged 1:1 to the U.S. dollar and will initially launch on the Ethereum blockchain, with intentions to expand to other chains as adoption grows.

USDKG is designed to facilitate cross-border payments, a significant feature for Kyrgyzstan, where remittances account for approximately 30% of the country’s GDP. The stablecoin enables instant, low-cost international transactions, making it easier for workers abroad to send money home.

Transparency is a cornerstone of USDKG’s design. Each token is verifiably tied to physical gold stored in secure, audited vaults. A publicly accessible proof-of-reserves system will be available, allowing real-time verification of gold reserves and stablecoin issuance on the blockchain.

The Kyrgyz government has also proposed legislation to establish licensed crypto banks, aiming to provide regulated banking services related to digital assets and cryptocurrencies. This move is intended to legalize and regulate the cryptocurrency market, increase trust in crypto assets, and mitigate risks of fraud and unauthorized access to funds.

In addition to USDKG, the National Bank of the Kyrgyz Republic plans to launch a digital national currency, the digital som, by the end of 2026. The digital som will coexist with traditional cash and non-cash currencies, facilitating cashless transactions and improving control over budget spending.

Radware, a NASDAQ-listed provider of application security and delivery solutions, has expanded its global cloud security infrastructure by establishing new service centres in Nairobi, Kenya, and in the Indian cities of Chennai and Mumbai. This strategic move aims to enhance the company’s capacity to deliver advanced cybersecurity solutions, particularly in regions experiencing a surge in digital transformation and cyber threats. The newly inaugurated centres are part of […]

SINGAPORE – Media OutReach Newswire – 5 May 2025 – Co-Axis, a digital impact marketplace connecting funders with impact opportunities advancing the UN SDGs, has secured S$1.25 million in catalytic capital from the Richardson Family (RF), a UK based family office, and Catalytic Capital for Climate and Health (C3H), a catalytic vehicle by Temasek Trust, to support and scale solutions in climate, health, and their intersection. RF […]

A stablecoin developed by World Liberty Financial, a cryptocurrency venture associated with former U.S. President Donald Trump, is being utilised by an Abu Dhabi-based investment firm to facilitate a substantial $2bn investment in Binance, the world’s leading crypto exchange. The disclosure was made by one of World Liberty’s co-founders on Thursday, shedding light on the growing involvement of the Trump family in the cryptocurrency sector. World Liberty, […]

KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 5 May 2025 – Kenanga Investors Berhad (“Kenanga Investors”) has been awarded Best Malaysia Large-Cap Equity Fund at the Morningstar Awards 2025, recognising the strong performance of the Kenanga Blue Chip Fund (“KBCF”). This achievement marks a significant milestone for the firm, as KBCF celebrates its third win at this prestigious award and continues to deliver consistent results across […]

United Airlines has cut 35 daily flights at Newark Liberty International Airport, citing a critical shortage of air traffic controllers and repeated failures in the Federal Aviation Administration’s infrastructure. The move, which affects approximately 10% of United’s domestic round-trip operations at the airport, follows days of severe delays, cancellations, and diversions that have rippled across the national aviation network. Chief Executive Scott Kirby described the situation as […]

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Redis, the widely used in-memory data store, has reinstated its open source status by adopting the GNU Affero General Public License version 3 for its core software. This move, effective with the release of Redis 8.0, marks a significant shift from its previous dual-license model and aims to mend strained relations with the developer community. The decision to revert to an open source license follows a period […]

Bitcoin Solaris, a next-generation blockchain platform, is gaining attention for its claim of being 99% more energy-efficient than Bitcoin, addressing long-standing environmental concerns associated with cryptocurrency mining.

Traditional Bitcoin mining relies on a Proof-of-Work consensus mechanism, which requires miners to solve complex mathematical problems, consuming vast amounts of electricity. Estimates suggest that the Bitcoin network’s annual energy consumption rivals that of some small countries, contributing significantly to global carbon emissions.

In contrast, Bitcoin Solaris utilizes a Proof-of-Stake system, where validators are chosen based on the number of coins they hold and are willing to “stake” as collateral. This method drastically reduces the computational power required, leading to substantial energy savings.

The environmental benefits of PoS systems like Bitcoin Solaris are further enhanced when combined with renewable energy sources. For instance, integrating solar power into mining operations not only reduces carbon footprints but also offers economic advantages. Studies have shown that solar-powered mining farms can save significant amounts of CO₂ emissions annually, equivalent to removing thousands of cars from the road.

The adoption of energy-efficient mining practices is not limited to Bitcoin Solaris. Other blockchain platforms, such as Solana, have also embraced PoS mechanisms, resulting in markedly lower energy consumption per transaction compared to Bitcoin. Solana’s innovative Proof-of-History mechanism further enhances its efficiency, making it an attractive option for environmentally conscious investors and developers.

The shift towards greener blockchain technologies is also influencing the broader energy sector. Cryptocurrency mining operations are increasingly being integrated with renewable energy projects, providing a consistent demand for clean energy and supporting the financial viability of such initiatives. In some cases, excess energy from renewable sources, which would otherwise go unused, is being redirected to power mining activities, optimizing resource utilization.

Innovative approaches are being explored to further reduce the environmental impact of cryptocurrency mining. Researchers are investigating the use of integrated photonics and other advanced technologies to develop more energy-efficient mining hardware. These advancements aim to shift the focus from energy-intensive computations to more sustainable solutions.

A North Korean operative’s attempt to infiltrate Kraken, a prominent cryptocurrency exchange, through a deceptive job interview has been successfully thwarted, highlighting the increasing sophistication of state-sponsored cyber-espionage tactics targeting the digital asset industry.

The incident involved an individual posing as a qualified IT professional, leveraging fabricated credentials and a falsified identity to secure a remote position within Kraken. The operative’s strategy included the use of advanced social engineering techniques, such as deepfake technology and AI-generated documentation, to bypass standard hiring protocols. However, Kraken’s vigilant recruitment team identified inconsistencies during the interview process, leading to the exposure of the applicant’s true affiliation.

This event underscores a broader pattern of North Korean cyber operations aimed at the cryptocurrency sector. The Lazarus Group, a hacking collective linked to North Korea’s Reconnaissance General Bureau, has been implicated in numerous cyberattacks resulting in substantial financial losses. Notably, the group orchestrated a $37 million theft from CoinsPaid in July 2023 by deceiving an employee into downloading malware under the guise of a job-related task.

The United Nations has reported that North Korea employs over 4,000 IT workers globally, generating approximately $600 million annually to fund its nuclear weapons program. These operatives often assume false identities and secure positions in tech firms, exploiting the remote work culture to mask their true origins.

In the United Kingdom, authorities have urged companies to conduct in-person or video interviews to mitigate the risk of hiring imposters. A recent analysis revealed that a single North Korean agent operated under 12 different personas across Europe and the U.S., infiltrating sensitive sectors including defense and government.

The FBI has also issued warnings about North Korean schemes involving fake job offers and investment opportunities designed to trick individuals into downloading malware. These social engineering attacks are characterized by their complexity and the use of sophisticated technical acumen to compromise even well-versed cybersecurity professionals.

Cybersecurity experts emphasize the need for rigorous hiring practices, including thorough background checks and identity verification, to counteract these threats. Companies are advised to be wary of applicants who avoid video interviews, request payment through unconventional means, or exhibit inconsistencies in their professional histories.

HONG KONG SAR – Media OutReach Newswire – 4 May 2025 – From March to April 2025, JCI Victoria conducted an online survey to examine the current situation, barriers, and needs of people with disabilities in Hong Kong regarding sports participation. The survey received responses from 285 participants. Over half of the respondents felt that the current sports resources provided by the government or sports organizations do […]

Greenlogue/AP Nearly 400 scientists and experts involved in the sixth National Climate Assessment were abruptly dismissed by the Trump administration, casting doubt on the future of the congressionally mandated report. The NCA, a comprehensive study produced every four years since 1990, guides federal and local governments in preparing for climate change impacts. The administration also disbanded the Global Change Research Program, which coordinated the NCA, and removed […]

The United Nations has officially transitioned from using Google Forms to adopting an open-source alternative for its internal and external data collection needs. This strategic shift underscores the organisation’s commitment to enhancing data sovereignty, privacy, and operational flexibility. The decision to move away from Google Forms was influenced by several factors, including concerns over data privacy, the need for greater customisation, and the desire to avoid vendor […]

India’s participation in the World Expo 2025 in Osaka is positioned to create significant opportunities for economic growth, cultural diplomacy, and increased tourism. With an expected influx of international visitors and the ongoing globalisation of markets, the country is focusing on leveraging the expo’s global platform to showcase its economic potential, rich cultural heritage, and expanding technological prowess.

The India Pavilion, a standout feature of the event, has already seen a remarkable turnout, attracting thousands of visitors in its first few days. The pavilion highlights India’s thriving industries, cutting-edge innovations, and its growing stature as a global player in sectors such as technology, manufacturing, and renewable energy. Designed to embody the country’s vision of “Vasudhaiva Kutumbakam” or “the world is one family,” the exhibition is offering a glimpse into India’s future trajectory while celebrating its deep-rooted cultural heritage.

Trade experts and diplomats view the expo as an essential event for fostering international business partnerships. India, which is already a key player in the global economy, is focusing on utilising the Expo as a gateway to expand its trade relations with countries across Asia, Europe, and beyond. Several large-scale business events and networking sessions are planned as part of India’s participation, aiming to facilitate collaborations in diverse sectors such as information technology, pharmaceuticals, agriculture, and automotive manufacturing.

India’s robust trade agenda at the Expo 2025 comes in the context of its ongoing efforts to bolster its position as one of the world’s leading economic powers. The country has made significant strides in trade agreements over the past few years, particularly with Japan and other East Asian nations, further cementing its importance in regional and global trade networks. Key sectors such as fintech, e-commerce, and artificial intelligence are expected to be key points of focus for business leaders and innovators visiting the pavilion.

The Expo provides a unique opportunity for India to present its achievements in these fields and attract foreign investments. India’s Information Technology sector, for instance, will have a prominent role in the pavilion, with showcases of groundbreaking developments in software solutions, cybersecurity, and digital infrastructure. Additionally, the Indian government’s “Make in India” initiative, aimed at encouraging domestic manufacturing, is set to take centre stage, signalling India’s commitment to increasing its share in global production.

Tourism plays a central role in India’s strategy to maximise the impact of its World Expo 2025 presence. As part of its outreach efforts, the country is promoting its diverse tourist destinations, cultural festivals, and unique culinary traditions. Travel experts believe that the Expo could serve as a catalyst for an uptick in Japanese and international visitors to India, especially as the world emerges from the pandemic and travel restrictions ease globally. By highlighting the country’s natural beauty, heritage sites, and contemporary attractions, India is seeking to attract a new wave of tourists, especially from Japan, a country with deep historical ties to India.

The Indian tourism sector is also looking to benefit from the growing interest in wellness and eco-tourism, with the Expo providing an ideal venue to promote these niche segments. India’s yoga, spiritual retreats, and eco-tourism initiatives are expected to be highlighted, appealing to international visitors seeking sustainable and enriching travel experiences.

The Expo’s theme of “Designing Future Society for Our Lives” aligns well with India’s strategic focus on sustainable development, innovation, and inclusivity. The country’s growing emphasis on green technologies, clean energy, and sustainable infrastructure will be showcased as part of India’s vision for a future society that balances economic growth with environmental responsibility. India’s active participation in global climate initiatives, coupled with its ambitious renewable energy goals, forms an essential part of the pavilion’s messaging.

Key players in India’s participation include the Ministry of Commerce and Industry, the Ministry of Tourism, and various state governments, each working in tandem to ensure a comprehensive and impactful presence. Government officials have expressed confidence that the Expo will not only strengthen bilateral ties with Japan but also serve as a platform for new partnerships in other regions. The Indian government’s proactive engagement with global stakeholders is expected to position India as a leader in international trade, investment, and cultural exchange.

Cultural diplomacy will be another critical aspect of India’s participation. The pavilion will feature a mix of live performances, art exhibitions, and traditional crafts, providing visitors with a vibrant and immersive experience. India’s diverse art forms, including classical dance, music, and theatre, will take centre stage, showcasing the country’s rich heritage while also highlighting contemporary Indian artists who are gaining international recognition. These cultural exchanges are set to build bridges between India and the rest of the world, fostering mutual understanding and respect.

India’s presence at the World Expo is also expected to highlight the country’s aspirations as a global thought leader, particularly in the fields of technology, education, and innovation. The country’s booming startup ecosystem, with its expanding network of unicorns and innovators, will also be on display. India’s young, dynamic workforce is increasingly seen as a major driver of its growth, and the Expo offers an opportunity to demonstrate how the country’s demographic advantage is transforming it into a global hub for innovation and entrepreneurship.

Bitcoin has climbed above $90,000, recovering from a sharp decline that followed the November 2024 U.S. presidential election. This rebound has reignited discussions about its potential role as a safe-haven asset, especially as it outperforms gold in the current market environment.

After reaching a low of approximately $74,500 in early April, Bitcoin’s price has surged nearly 25%, erasing a significant portion of its earlier losses. This upward trajectory is attributed to a combination of factors, including renewed investor interest and shifting macroeconomic conditions.

Analysts point to the increasing appeal of Bitcoin as a hedge against traditional financial instruments. Geoff Kendrick, head of digital assets research at Standard Chartered, forecasts Bitcoin reaching $120,000 in the second quarter of 2025. He cites economic uncertainties, such as rising tariffs and questions over Federal Reserve policies, as catalysts driving investors toward Bitcoin over traditional assets like U.S. Treasurys.

The cryptocurrency’s performance has also been bolstered by institutional interest. Upcoming SEC 13F filings are anticipated to reveal increased Bitcoin holdings by pension and sovereign wealth funds. Additionally, the approval of Bitcoin exchange-traded funds earlier this year has facilitated greater mainstream adoption, contributing to its price appreciation.

Comparatively, gold has experienced a more modest performance. While it reached a record high of over $3,500 per ounce in April, its gains have been overshadowed by Bitcoin’s rapid ascent. The Bitcoin-to-gold price ratio, a metric used to compare the value of the two assets, hit a record-breaking 40 in December 2024, reflecting Bitcoin’s growing dominance in the alternative asset space.

Despite these developments, some experts urge caution. Mark Hackett from Nationwide Financial emphasizes that it’s premature to classify Bitcoin as a safe-haven asset due to its historical volatility. He notes that while Bitcoin’s recent performance is promising, it must demonstrate sustained stability and low correlation with traditional risk assets to be considered a reliable store of value.

The broader market context also plays a role in Bitcoin’s resurgence. President Trump’s economic policies, including delayed tariffs, have influenced investor behavior, prompting a reevaluation of asset allocations. As traditional markets grapple with these policy shifts, alternative assets like Bitcoin are gaining traction among investors seeking diversification.

Goldman Sachs is intensifying its commitment to digital assets, with plans to expand crypto lending operations and accelerate efforts in asset tokenization. Mathew McDermott, the bank’s global head of digital assets, has outlined a strategic roadmap that positions the firm at the forefront of blockchain integration within traditional finance.

The bank is preparing to spin off its digital asset platform, GS DAP®, into an independent entity within the next 12 to 18 months. This move aims to foster a more collaborative and decentralized ecosystem, enabling broader participation from industry stakeholders. McDermott emphasized that such a structure would better serve the goal of creating a truly decentralized platform.

Goldman Sachs’ investment in the digital asset space is substantial, having already invested in 11 digital asset companies. These investments span services such as compliance, cryptocurrency data, and blockchain management. The firm’s digital asset team has grown to over 70 members, including a dedicated crypto options and derivatives trading desk.

A significant aspect of Goldman Sachs’ strategy is the tokenization of traditional financial instruments. The bank is leveraging blockchain technologies and smart contracts to enable digital issuance for clients across debt, equities, funds, and derivatives. This approach aims to digitize the end-to-end lifecycle of these assets, enhancing efficiency and liquidity.

McDermott highlighted the benefits of tokenization, noting that digitizing the lifecycle of asset issuance not only improves operational efficiency but also increases liquidity by potentially bringing in a wider group of investors. He pointed out that fractionalizing products and offering them to a broader universe of investors could broaden distribution channels and concentrate more secondary liquidity.

The bank’s involvement in the Canton Network, a public blockchain network developed for financial institutions, underscores its commitment to blockchain integration. Launched in 2023 by a consortium including Goldman Sachs, Microsoft, and Deloitte, the network aims to connect disparate financial systems while meeting regulatory and privacy requirements. In October 2024, a pilot involving 27 market participants, including Euroclear and the World Gold Council, successfully tokenized gilts, eurobonds, and gold on the Canton Network.

Goldman Sachs is also exploring opportunities in the crypto bankruptcy claims market. McDermott indicated that the bank is actively looking at investing in crypto bankruptcy claims, viewing it as a strategic opportunity amid the evolving digital asset landscape.

The bank’s focus on digital assets extends to its own product offerings. In April, Goldman Sachs launched its first bitcoin-secured loan and executed its first bitcoin options trade, marking significant milestones for a major Wall Street bank. These developments are part of the firm’s broader strategy to expand its crypto product suite while adhering to regulatory standards.

HONG KONG SAR – Media OutReach Newswire – 2 May 2025 – Hong Kong Life always stands by its customers, dedicated to providing innovative health service initiatives that allow every customer to enjoy more comprehensive health protection and medical support, helping them move towards a healthier life. First Wave l “MedicMart” e-Platform Offering Discounts on Health Checkups and Services In January 2025, Hong Kong Life launched the […]

Strategy, formerly known as MicroStrategy, reported a substantial first-quarter loss of $4.22 billion, equating to $16.49 per share, as the company intensified its commitment to Bitcoin amidst volatile market conditions. This marks the firm’s fifth consecutive quarterly loss, primarily driven by a $5.91 billion unrealized loss on its cryptocurrency holdings, reflecting the impact of Bitcoin’s price fluctuations on its financial statements.

Despite the financial setback, Strategy expanded its Bitcoin holdings by acquiring an additional 80,715 BTC during the quarter, bringing its total to 553,555 BTC, valued at approximately $52 billion. This aggressive accumulation underscores the company’s unwavering belief in Bitcoin as a strategic asset, even as it grapples with the inherent volatility of the cryptocurrency market.

To finance further acquisitions, Strategy announced plans to issue $21 billion in new shares, a move that signals its intent to deepen its investment in Bitcoin. This equity offering is part of the company’s broader strategy to leverage capital markets in support of its cryptocurrency-focused treasury approach.

The company’s financial performance reflects the challenges of its Bitcoin-centric strategy. Revenue for the quarter stood at $111.1 million, a 3.6% decline compared to the same period last year, falling short of analyst expectations. The adoption of fair value accounting has made Strategy’s earnings more susceptible to Bitcoin’s price swings, introducing significant volatility into its financial reporting.

Despite these challenges, Strategy’s stock has demonstrated resilience, rising 32% year-to-date, outperforming the Nasdaq 100 index, which has declined nearly 6% over the same period. This performance suggests investor confidence in the company’s long-term vision, even as it navigates short-term financial headwinds.

Strategy’s approach has positioned it as a prominent player in the corporate adoption of Bitcoin, holding more than 2.6% of the cryptocurrency’s total supply. The company’s aggressive accumulation strategy and significant equity offerings highlight its commitment to integrating Bitcoin into its corporate treasury, setting a precedent for other firms considering similar moves.

Greenlogue/AP Gulf Warehousing Company has launched one of the largest private solar energy initiatives in the GCC, marking a significant step towards sustainability within the logistics sector. The move, made in collaboration with Yellow Door Energy, aims to position GWC as a key player in the region’s push for greener, more efficient logistics operations. The ambitious project will see the installation of solar power plants at three […]

Abu Dhabi-based investment firm MGX has committed $2 billion to cryptocurrency exchange Binance, marking the largest institutional investment in the platform’s history. The transaction, announced at the TOKEN2049 conference in Dubai, is being conducted using USD1, a stablecoin introduced by World Liberty Financial, a venture associated with former U.S. President Donald Trump.

USD1 is a dollar-pegged stablecoin fully backed by U.S. Treasuries, cash, and equivalents, designed to maintain a consistent value of $1. The coin was unveiled by World Liberty Financial, a decentralized finance platform launched in 2024 with Donald Trump serving as its “chief crypto advocate.” The venture includes his sons and Barron Trump in key roles. Zach Witkoff, co-founder of World Liberty Financial and son of Trump ally Steve Witkoff, announced the investment details during the conference.

MGX, established in 2024 by the Abu Dhabi government, has primarily focused on artificial intelligence investments. This $2 billion investment in Binance represents MGX’s first foray into the cryptocurrency sector. The firm aims to integrate AI, blockchain technology, and finance, aligning with the United Arab Emirates’ broader strategy to position itself as a global hub for digital assets and financial innovation.

Binance, the world’s largest cryptocurrency exchange by trading volume, has faced regulatory challenges in recent years. In 2023, the company agreed to a $4.3 billion settlement with U.S. authorities over anti-money laundering violations, leading to the resignation of founder Changpeng Zhao. Richard Teng, who previously headed the Abu Dhabi Financial Services Regulatory Authority, now serves as Binance’s CEO. The exchange employs approximately 1,000 of its 5,000 global staff in the UAE, reflecting the region’s progressive stance on digital asset regulation.

The use of USD1 in this significant investment underscores the growing legitimacy of stablecoins in large-scale institutional transactions. However, the involvement of a Trump-linked cryptocurrency in a major international financial deal raises questions about potential conflicts of interest and regulatory implications, especially as Binance continues to navigate global compliance challenges.

Eric Trump, present at the TOKEN2049 conference, highlighted plans to integrate USD1 with Trump-branded properties in the UAE, further intertwining the family’s business interests with the cryptocurrency venture. This development comes as President Trump prepares for a state visit to Gulf nations, signaling a deepening of ties between the U.S. administration and Middle Eastern financial entities.

The investment by MGX not only provides significant capital to Binance but also strengthens its ties to the United Arab Emirates. The partnership is expected to enhance Binance’s standing with regulators worldwide and may encourage further institutional participation in cryptocurrency markets. Industry analysts suggest that this move could trigger a domino effect, potentially leading to increased institutional investment in the crypto sector.

Charles Schwab, one of the largest investment firms globally with over $10 trillion in assets under management, is set to launch spot cryptocurrency trading within the next 12 months. CEO Rick Wurster confirmed the timeline during the company’s first-quarter earnings call, stating that the firm is preparing to offer direct access to digital assets like Bitcoin and Ethereum by April 2026.

Wurster attributed the move to a significant surge in client interest, noting a 400% increase in traffic to Schwab’s cryptocurrency-related content. Approximately 70% of this traffic came from prospective clients, indicating a strong demand for crypto trading services among new investors.

The firm’s decision aligns with a broader trend among traditional financial institutions entering the cryptocurrency market. Morgan Stanley is also preparing to offer crypto trading through its E*Trade platform, aiming for a launch next year.

Schwab’s cautious approach to cryptocurrency is evident in its current offerings, which include indirect exposure through exchange-traded funds and other investment products. The company has previously warned clients about the risks associated with digital assets, emphasizing that cryptocurrencies could become worthless.

Despite these warnings, Schwab has been laying the groundwork for a more direct entry into the crypto space. In 2023, the firm co-founded EDX Markets, a non-custodial cryptocurrency exchange backed by Fidelity and Citadel Securities. EDX Markets began trading Bitcoin, Ether, Litecoin, and Bitcoin Cash, providing a platform for institutional investors to engage in cryptocurrency trading.

The regulatory environment in the United States has become more favorable for cryptocurrency trading under the current administration. The Federal Reserve has eased restrictions, removing supervisory letters that previously discouraged banks from engaging in crypto-related activities. This shift has encouraged financial institutions like Schwab and Morgan Stanley to expand their cryptocurrency offerings.

Schwab’s planned rollout of spot crypto trading is expected to make digital asset trading more accessible to everyday investors through its trusted platform. The firm aims to meet rising investor demand for easier access to cryptocurrencies, positioning itself as a competitive player in the evolving financial landscape.

While the firm is optimistic about the potential of digital assets, it continues to approach the sector with caution. Schwab’s website still warns that crypto investments carry the risk of becoming entirely worthless, asserting that digital assets like Bitcoin lack intrinsic value.

Donald Trump, upon commencing his second term as the 47th President of the United States, proclaimed the onset of a “golden age” for the nation. His inauguration speech outlined an ambitious agenda aimed at reshaping domestic and foreign policies, with immediate and far-reaching implications.

Central to Trump’s address was a commitment to restoring national sovereignty and security. He announced the declaration of a national emergency at the southern border, emphasizing the cessation of illegal immigration. This move aligns with his broader immigration strategy, which includes the suspension of refugee admissions and the initiation of efforts to end birthright citizenship.

In a significant restructuring of the federal government, Trump introduced the Department of Government Efficiency , led by Elon Musk. This new department is tasked with streamlining government operations and reducing bureaucratic inefficiencies. Early reports indicate that D.O.G.E. has already identified potential savings amounting to $150 billion.

Trump’s economic policies focus on revitalizing American industry and addressing trade imbalances. He announced the implementation of steep tariffs, particularly targeting imports from China, Mexico, and Canada. Additionally, he introduced the concept of an “External Revenue Service” to collect tariffs and taxes from foreign entities, aiming to bolster domestic revenue streams.

Environmental regulations underwent immediate revisions, with Trump revoking the electric vehicle mandate and withdrawing from the Paris Climate Agreement. He emphasized a return to fossil fuel production, including the reinstatement of coal mining operations, positioning these actions as measures to protect American jobs and energy independence.

On social policy, Trump declared that the U.S. government would officially recognize only two genders: male and female. He also announced the dismantling of the Department of Education and the repeal of diversity and inclusion measures, advocating for a merit-based, colorblind society.

Internationally, Trump signaled a shift in foreign policy by expressing intentions to reclaim the Panama Canal and by withdrawing from the World Health Organization. He also imposed sanctions on the International Criminal Court, reflecting a broader strategy of redefining U.S. engagement with global institutions.

Notably absent from Trump’s speech was any mention of cryptocurrency or Bitcoin. This omission had immediate repercussions in the financial markets. Bitcoin’s value dropped by 3.2%, and the $TRUMP memecoin experienced a 15% decline. The broader cryptocurrency market saw liquidations exceeding $1.2 billion, marking one of the most significant downturns in the sector’s history.

Tether, the issuer of the world’s most traded stablecoin, is preparing to launch a new U.S.-based digital dollar product as early as late 2025 or early 2026, contingent on the progress of stablecoin legislation in Congress. The move signals a strategic pivot as the company seeks to enter the domestic market it has long avoided.

Chief Executive Paolo Ardoino confirmed that the company is developing a separate stablecoin tailored to U.S. regulatory requirements and consumer preferences. Unlike its flagship token, USDT—which dominates global stablecoin circulation with a market capitalisation of nearly $150 billion—this new offering would be issued through a U.S.-based entity and designed to comply with forthcoming federal oversight.

Ardoino described USDT as one of the most successful financial exports of the United States, noting its widespread use in emerging markets as a hedge against inflation and currency instability. However, he acknowledged that U.S. consumers have largely gravitated toward alternatives like Circle’s USDC, which has gained traction amid growing bipartisan support for stablecoin regulation.

The proposed U.S.-specific stablecoin is expected to function as a digital checking account, integrating with point-of-sale systems and offering seamless transaction capabilities. Tether envisions a broader blockchain-powered payment network that could rival existing platforms like Square, potentially transforming the way consumers and merchants interact with digital assets.

This initiative coincides with a significant shift in the U.S. regulatory landscape. President Donald Trump’s administration has expressed support for cryptocurrency innovation, with key legislation such as the STABLE Act and the GENIUS Act advancing through Congress. These bills aim to establish clear guidelines for stablecoin issuers, including mandatory reserve requirements and regular audits, to enhance transparency and financial stability.

Tether’s decision to develop a U.S.-compliant stablecoin reflects its commitment to aligning with these regulatory changes. The company has engaged in discussions with U.S. lawmakers and regulators to ensure that its new product meets the necessary standards. Ardoino emphasized Tether’s proactive collaboration with law enforcement agencies, including the FBI and the Department of Justice, to address concerns related to illicit activities and compliance.

Despite its global success, Tether has faced scrutiny over the transparency of its reserves and its lack of formal audits. In response, the company has appointed a Chief Financial Officer and is pursuing a full audit, engaging with major accounting firms to bolster credibility. These steps are part of a broader effort to enhance trust and demonstrate Tether’s readiness to operate within the U.S. regulatory framework. , Tether considers US-only stablecoin as Trump loosens crypto rules)

The Grindery team has introduced Aventino, a new wallet infrastructure designed to streamline payments for AI agents. This development marks a significant advancement in the realm of artificial intelligence, offering an innovative solution aimed at improving the transaction process between AI agents and users. Aventino was launched after extensive efforts to build a permissionless payments layer for AI agents, making it easier for these systems to engage in secure, autonomous transactions without the need for human intervention.

Aventino, a developer-focused platform, seeks to solve the complex problem of integrating payment functionalities into AI systems. The wallet is crafted to provide smart wallets that allow AI agents to store, manage, and transfer digital assets seamlessly. The introduction of this platform opens up new opportunities for automation, enabling AI agents to handle transactions, subscriptions, and various forms of digital exchanges autonomously, with minimal oversight from humans.

Grindery, already known for its Telegram-based smart wallet, has taken a step further with Aventino, targeting developers seeking to build decentralized applications and tools for AI-driven systems. By offering a robust and scalable wallet infrastructure, Aventino positions itself as a crucial building block in the rapidly evolving world of AI and blockchain technology. Developers can now integrate these payment systems directly into their AI agents, facilitating a smoother user experience and greater functionality.

The importance of such infrastructure cannot be overstated, as AI systems continue to gain sophistication and autonomy. For AI agents to function efficiently in various real-world applications—whether in financial services, healthcare, or supply chain management—they need a secure and reliable method of handling transactions. Aventino’s design addresses this need by offering an easy-to-use interface that makes it simple for AI agents to interact with blockchain networks.

Aventino provides a permissionless structure, meaning it does not require centralised control or approval to facilitate transactions. This feature is particularly appealing in an age where decentralisation is a priority for many industries, including finance and AI. It also aligns with the growing push for greater transparency and security in digital finance systems. By offering a decentralised infrastructure, Aventino enhances the autonomy of AI agents, allowing them to make decisions and execute transactions without the need for a trusted third party.

The wallet infrastructure also integrates with existing blockchain ecosystems, including Ethereum, which is widely recognised for its smart contract capabilities. This compatibility ensures that AI agents using Aventino can easily participate in decentralized finance activities, as well as interact with a broader ecosystem of dApps. With the rise of DeFi, it is crucial for AI systems to have access to this fast-growing financial network, and Aventino positions itself as a gateway to these opportunities.

The development of Aventino is part of a broader trend of increasing automation within the digital economy. As AI continues to penetrate various industries, the demand for autonomous payment solutions grows. Traditional payment systems have limitations in handling the high volume and speed of transactions required by AI-driven systems. With Aventino, the Grindery team is offering a tailored solution that ensures AI agents can operate with the same efficiency and reliability expected from human-driven transactions.

Grindery’s approach to AI agent payments is also notable for its emphasis on ease of integration. Developers do not need to build their own payment systems from scratch. Instead, they can leverage Aventino’s infrastructure to quickly integrate payment capabilities into their AI systems. This not only saves time and resources but also allows developers to focus on other aspects of AI development, such as functionality and user experience.

The potential use cases for Aventino are vast. In industries like finance, AI agents can manage portfolios and execute trades based on real-time market data. In healthcare, they could manage patient records and process payments for services without human involvement. Similarly, in logistics, AI agents can oversee supply chain transactions, ensuring that payments are made on time and that goods are delivered as scheduled. Aventino enables these applications by ensuring that transactions are secure, fast, and reliable.

Grindery’s decision to design Aventino for developers shows a deep understanding of the needs within the AI and blockchain communities. The platform is built to offer flexibility, allowing developers to customise the wallets to meet the specific needs of their AI agents. Whether it’s a simple transaction or a more complex payment structure, Aventino can handle a variety of transaction types, providing developers with a powerful tool to bring their projects to life.

One of the core advantages of Aventino is its scalability. As AI adoption grows, so too will the demand for AI-driven payment solutions. Aventino’s infrastructure is designed to scale with the increasing complexity of AI systems and the growing volume of transactions. This ensures that the platform can accommodate the needs of both small developers and large enterprises as they seek to build more advanced AI applications.

VISHNU RAJA
RYO YAMADA
HITORI GOTOH
IKUYO KITA