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Exclusive-China asks brokers to pause real-world asset business in Hong Kong, sources say
Yahoo Finance· 2025-09-22 10:45
Core Viewpoint - China's securities regulator has advised local brokerages to pause their real-world asset (RWA) tokenisation business in Hong Kong, indicating concerns over the rapid growth of the digital assets market offshore [1][2]. Group 1: Regulatory Guidance - The China Securities Regulatory Commission (CSRC) has provided informal guidance to at least two leading brokerages to refrain from conducting RWA business offshore [2][6]. - The regulatory guidance aims to enhance risk management in the new business and ensure that companies' claims are supported by legitimate businesses [3][4]. Group 2: Market Context - The RWA tokenisation process involves converting traditional assets like stocks, bonds, and real estate into digital tokens on a blockchain [2]. - The global RWA market is valued at approximately $29 billion, with projections suggesting it could exceed $2 trillion by 2030 [5]. Group 3: Hong Kong's Position - Hong Kong has been working to establish itself as a digital assets hub, with various firms, including Chinese brokerages, preparing for virtual asset trading and management [3][5]. - The Hong Kong Financial Services and the Treasury Bureau (FSTB) and the Hong Kong Monetary Authority (HKMA) are reviewing the legal framework for RWA tokenisation, drawing on international experiences [5].
BNY Mellon’s (BK) Dividend Growth Strategy and its Status as a Best Performing Stock in 2025
Yahoo Finance· 2025-09-18 20:32
The Bank of New York Mellon Corporation (NYSE:BK) is included among the 15 Best Performing Dividend Stocks So Far in 2025. BNY Mellon’s (BK) Dividend Growth Strategy and its Status as a Best Performing Stock in 2025 Photo by Viacheslav Bublyk on Unsplash The Bank of New York Mellon Corporation (NYSE:BK) is an American bank holding company. It has a history of more than 240 years and has built a reputation for delivering innovative financial solutions that serve businesses, communities, and individuals w ...
City View Signs Definitive Securities Purchase Agreement with Arkenyield
Newsfile· 2025-09-18 10:30
City View Signs Definitive Securities Purchase Agreement with ArkenyieldArkenyield's cutting-edge digital asset yield platform is focused on generating robust stablecoin-based returns.September 18, 2025 6:30 AM EDT | Source: City View Green Holdings Inc.Toronto, Ontario--(Newsfile Corp. - September 18, 2025) - City View Green Holdings Inc. (CSE: CVGR) (OTC Pink: CVGRF) (FSE: CVY0) (the "Company" or "City View"), is pleased to announce that, further to its press release of July 15, 2025, it has ...
Mawson Infrastructure Group Inc. Shares Corporate Update
Globenewswire· 2025-09-17 20:55
Core Viewpoint - Mawson Infrastructure Group Inc. provides an update on its operations, focusing on its digital infrastructure for high-performance computing and digital assets, while emphasizing its commitment to carbon-free energy sources [1][3]. Company Operations - Mawson continues to operate normally across its U.S. footprint, with its facility in Midland, Pennsylvania being a cornerstone site supported by long-term tenure [6]. - The company has engaged advisors and presented a plan to Nasdaq to regain compliance with its continued listing standards, receiving an extension to maintain its listing [6]. Financial Strategy - Mawson has filed a new shelf registration statement on Form S-3 to maintain financial flexibility, allowing the company to offer and sell securities as needed without indicating immediate issuance of new shares [6]. - The leadership is focused on executing the growth strategy while improving the balance sheet and maintaining operational flexibility [6]. Legal Matters - The company is advancing efforts to resolve certain legacy legal matters as part of a broader program aimed at strengthening its balance sheet [6].
North America Crypto Volume Hits $2.3 Trillion, Chainalysis Report Reveals
Yahoo Finance· 2025-09-17 14:33
Core Insights - North America has emerged as a significant hub for cryptocurrency activity, with substantial transaction volumes recorded over the past year, indicating growing institutional and retail interest in digital assets, particularly in the United States [1] Group 1: Transaction Volumes - North America received $2.3 trillion in cryptocurrency value from July 2024 to June 2025, accounting for 26% of all global transaction activity during this period [2] - A peak monthly transaction value of approximately $244 billion was recorded in December 2024 [3] Group 2: Market Drivers - The rise of spot Bitcoin ETFs has significantly contributed to market expansion, with U.S.-listed Bitcoin ETFs holding over $120 billion in assets under management (AUM), representing a large portion of the global total of roughly $180 billion [4] - The market for tokenized real-world assets has also seen notable growth, with funds holding tokenized U.S. treasuries increasing their AUM from about $2 billion to over $7 billion [4] Group 3: Institutional and Retail Activity - The strong demand for ETFs is evident in the recent resumption of inflows, despite some criticism from figures like Robert Kiyosaki [4] - Retail activity remains robust, with centralized exchanges processing trillions in trades for everyday users, although North American markets exhibit more volatility due to a higher concentration of institutional trading [6]
SEC Chair Paul Atkins Pledges End to 'Regulation by Ambush' for Crypto Firms
Yahoo Finance· 2025-09-15 15:17
Core Viewpoint - The new SEC Chair, Paul Atkins, is shifting the agency's approach towards crypto firms, promising to provide warnings about potential violations before enforcement actions are taken, contrasting with the previous aggressive stance under Gary Gensler [1][2][3]. Regulatory Changes - Atkins has committed to ending the "shoot first" approach of the previous SEC, focusing instead on providing clear regulations and guidelines for the crypto industry [3][4]. - The SEC is working on "Project Crypto" to establish a clearer regulatory framework, which includes dropping numerous lawsuits and enforcement actions against major crypto firms [5][7]. Legislative Developments - The GENIUS Act has been signed into law, aiming to bring stablecoins into regulatory focus by 2026, with the CLARITY Act expected to follow [5]. - The CLARITY Act aims to create a clear market structure by defining the roles of the SEC and the CFTC, as well as the types of digital assets they will oversee [6][8]. Focus on Fraud Prevention - The SEC under Atkins intends to prioritize serious fraud cases and bad actors in the crypto space, moving away from targeting firms for technical violations [3][7].
Why Mike Novogratz says Bitcoin isn’t the biggest bet in crypto right now
Yahoo Finance· 2025-09-15 11:43
Core Insights - The digital assets market, valued at $4 trillion, is entering a new phase led by altcoins and alternative asset treasuries, according to Galaxy Digital CEO Mike Novogratz [1][2] - Novogratz highlights the significant fundraising efforts in the altcoin space, such as Forward Industries' $1.6 billion raise, indicating a shift in energy and investment towards these assets [1][2] - The regulatory landscape is evolving, with the SEC's new approach under Chair Paul Atkins signaling a potential increase in Wall Street adoption of crypto [3][4] Market Dynamics - The crypto market's $4 trillion capitalization is still small compared to the $400 trillion of global wealth, suggesting substantial growth potential [2] - Nasdaq's initiative to allow tokenized stocks and ETFs to trade on-chain could transform market infrastructure, further integrating crypto with traditional finance [2] Regulatory Environment - The SEC's shift towards moving all markets on-chain is seen as a positive development for the crypto industry, contrasting with previous regulatory crackdowns [3] - This regulatory pivot is viewed as a signal that Wall Street's adoption of crypto is gaining momentum [3][4] Technological Advancements - Faster and more secure blockchains are now in place, addressing previous barriers to Wall Street adoption [4] - The combination of improved technology and a supportive regulatory framework is expected to facilitate further experimentation in the crypto space [4] Future Outlook - Altcoins are expected to continue developing their own niches, contributing to healthy competition in the financial architecture [5] - Predictions for Bitcoin's price include potential surges towards the end of the year, with estimates reaching as high as $250,000 from various analysts [5][6]
YouTuber Luke Damant lands in Iran, only crypto saved him
Yahoo Finance· 2025-09-14 14:44
Currency and Economic Situation - The Iranian rial has significantly depreciated, with one US dollar equating to approximately 1 million rials, indicating an extremely inflated currency [2] - The rial has lost about 90% of its value since the U.S. exited the nuclear deal in 2018, leading to a dire economic situation for citizens [6] Impact of Sanctions - U.S. sanctions have severely restricted Iran's access to global banking systems, including Visa and Mastercard, forcing individuals to rely on cash transactions [2][3] - Sanctions have resulted in a reported $4.2 billion in crypto outflows from Iran in 2024, a 70% increase from 2023, as citizens seek alternatives to frozen banking options [6] Use of Cryptocurrency - Cryptocurrency, particularly Bitcoin, is being utilized by Iranians not just for speculation but as a means to navigate a broken financial system [5] - Foreign visitors are required to bring cash for transactions, while locals are increasingly turning to digital assets to preserve savings and facilitate money transfers [5][6]
Why Banning Bitcoin Became IMPOSSIBLE in the US
Bitcoin Bram· 2025-09-13 13:00
Bitcoin & Digital Asset Market Analysis - The US has a strategic advantage in Bitcoin individual holdings and Bitcoin businesses, which the government should mirror at the nation-state level [4][5] - There's a debate on the accuracy of Bitcoin ownership figures, with estimates suggesting 10-15% of US citizens (37 million to 50 million people) hold Bitcoin [7][9] - The launch of a Doge ETF signals a potential "end game" scenario, reminiscent of 2016-2017, driven by monetary incentives and a green light from the administration [16][18][19] - Tokenization of assets, including stocks and ETFs, is expected to increase, potentially leading to a boom-and-bust cycle and increased regulation [24][25][36] - CBOE plans to offer continuous futures for Bitcoin and Ether, indicating the integration of digital assets into global economies [39] Geopolitical & Economic Implications - Stablecoins are seen as a tool for extending dollar hegemony and control over global markets [38] - Central banks are exploring Bitcoin as a reserve asset to strengthen resilience against sanctions risk [103][104] - Some countries are adopting crypto reserves, while others may opt for different digital assets, similar to the historical gold vs silver standard [97][107] - The US Treasury Secretary is criticizing the Fed's monetary policy, potentially signaling a power grab and an endorsement of hard assets like gold and Bitcoin [136][137][139] - Major US companies are going bankrupt at the fastest pace since the global financial crisis, reflecting a bleaker economic reality than official narratives suggest [133] Bitcoin Adoption & Utility - Open-source freedom technologies like Bit Chat are being used for coordination during social media bans and government crackdowns, highlighting the real-world utility of decentralized tools [73][74][75] - A Nobel laureate economist predicts Bitcoin will become worthless, reflecting a resistance to rethinking established economic principles [111][112][116] - Bitcoin is seen as a parachute for the plane crash of fiat currency, with some anticipating a polarization where some blame the collapse on the Fed while others blame Bitcoin [125][126]
Winklevoss twins' crypto exchange Gemini valued at $4.4 billion in strong Nasdaq debut
Reuters· 2025-09-12 17:56
Core Insights - Gemini Space Station shares surged by 32.2% during their Nasdaq debut, indicating strong market interest and investor confidence in the cryptocurrency exchange [1] - The successful debut resulted in a valuation of $4.4 billion for the company, highlighting the growing significance of digital asset companies in the financial landscape [1] - This event capped a positive week for the digital asset sector, suggesting a potential recovery or renewed interest in cryptocurrency investments [1] Company Summary - Gemini Space Station's initial public offering (IPO) performance reflects a robust demand for cryptocurrency-related investments [1] - The valuation of $4.4 billion positions Gemini as a key player in the cryptocurrency exchange market, potentially attracting further investments and partnerships [1] Industry Summary - The strong debut of Gemini Space Station shares is indicative of a broader trend of revitalization within the digital asset industry [1] - The positive market reception may signal a shift in investor sentiment towards cryptocurrencies, which could lead to increased activity and innovation in the sector [1]