Company Overview - Fasset, a digital banking and investment platform based in Dubai and Jakarta, has received a provisional banking license from Malaysia to operate the world's first stablecoin-powered Islamic digital bank [1] Regulatory Approval and Services - The regulatory approval allows Fasset to offer Shariah-compliant savings, zero-interest accounts, investment services using stablecoins and tokenized assets, and global payments on-chain, addressing financial inclusion gaps in Muslim-majority regions in Asia and Africa [2] - Fasset plans to enable customers to hold deposits, invest in US stocks, gold, and cryptocurrencies, and utilize a Visa-linked crypto card for spending [3] Transaction Volume and Global Reach - The company processes over $6 billion in annualized transaction volume across 125 countries and holds regulatory approvals in the UAE, Indonesia, the EU, Turkey, and Pakistan [3] Blockchain and Tokenization - Fasset has received authorization from Bahrain's Central Bank to test blockchain-based asset tokenization solutions and has secured various licenses, including a Category 3 Crypto-Asset Service Provider license and a Virtual Asset Service Provider license from Dubai's Virtual Asset Regulatory Authority [4] Market Potential in Malaysia - Malaysia's crypto market revenue is projected to reach approximately $484.1 million by 2025, with active users expected to plateau around 2.8 million, positioning the country among the top 50 globally for crypto adoption by transaction volume [4] Regulatory Developments - The Securities Commission of Malaysia proposed significant changes to its digital asset exchange regulatory framework, following record trading volume of RM13.9 billion ($2.9 billion) in 2024, more than double the levels of 2023 [5] - Proposed reforms would allow specific tokens meeting predefined eligibility standards to list on regulated platforms without prior approval, reducing regulatory delays [6] Economic Impact of Crypto Mining - A report by the ACCESS Blockchain Association predicted that formalizing Malaysia's crypto mining sector could generate RM700 million in hardware and infrastructure investments, create 4,000 jobs, and contribute approximately RM150 million in annual tax revenue [7]

RT robbie (@robbie_rollup)SINGAPORE SPECIAL: Trump’s Fed Takeover Will Send Bitcoin to $250K with @CryptoHayesI sat down with Arthur Hayes at Token2049 to unpack his thesis for why Bitcoin could hit $250K by year-end.It all starts with Trump’s secret plan to take control of the Federal Reserve. In today's episode, Arthur explains how the next financial regime shift plays out, covering:• How Trump seizes control of the Fed• Why Lisa Cook is the final domino• Yield Curve control & regional banking strategy• H ...

Crypto Market Outlook - Industry expert believes Bitcoin is still in its early stages and predicts it will reach $1 million+ [2] - Stablecoins are viewed as a geopolitical tool for America, with Ethena identified as a high-conviction investment [2] - The analysis emphasizes ignoring market noise and focusing on fiat currency printing as a key macro framework [2] Investment Strategies - The report highlights the importance of understanding tokenomics, using Hyperliquid as an example [2] - It suggests EtherFi has the potential to become the "Amex of crypto" [2] - The report acknowledges that most crypto investments fail and emphasizes the importance of identifying what actually works [2]

📊 NOW: TOTAL3 market cap hits record $1.18T as USDT dominance plummets 11.8% in a week, signaling capital rotation from stablecoins into risk assets. https://t.co/6ORS18jZcq ...

RT Danny Nelson (@realDannyNelson)Solana might just be winning the GENIUS EraSolana doesn’t host the most stablecoins. And yet: it boasts the fastest-growing stablecoin supply. In the nearly 3 months since Trump signed the GENIUS Act, Solana’s stablecoins in circulation have jumped over 40%, reaching $15b.Ethereum remains the stablecoin leader, with $178b. But its growth post-GENIUS Act is much slower than Solana’s: 27%. Other chains have fared even worse (Base, Hyperliquid, Arbitrum) One major player is go ...

Daily News 🗞 | Oct 7• Korean retail capital and treasury demand driving ETH price• Grayscale launches staking for Ethereum and Solana ETPs in US• Standard Chartered says $1T may exit emerging market banks to stablecoins by 2028• Sanctioned A7A5 becomes largest non-US dollar stablecoin• Gold set to surpass $4,000 per ounce amid booming retail demand#CryptoNews #PoloniexNEWS ...

RT Aaron Wright (@awrigh01)Stablecoins just crossed $200B. In 5 years. Everyone's watching the number. Few are thinking about what the number means. ...

Jeb Hensarling led the Congressional pushback against the 2008 bank bailouts.He also served as the former Chairman of the House Financial Services Committee.I sat down with Jeb to discuss his views on bitcoin, stablecoins, tokenization, how technology is reshaping the financial system, and why Jeb is joining ProCap BTC as a Senior Advisor.Enjoy!YouTube: https://t.co/2VG0bZNhl2Spotify: https://t.co/56MpLiIbTmApple: https://t.co/w0HjuKuoWOTIMESTAMPS:0:00 - Intro1:31 - 2008 bank bailouts & Satoshi5:27 - QE pla ...

RT Rish (@_rishinsharma)hosting the first nyc x402 meetup on oct 21 at the @solana offices! incredible amount of people in the city are exploring agentic finance + commerce + stablecoins. come gather to learn more and meet other people working on x402 ...

How do you view kind of Bitcoin's rise given the backdrop of this kind of undisiplined central bank and and kind of a very heavy-handed uh intervention into the financial market? Well, a two-word answer would be the solution. Um I don't know if this can be seen on the camera. We could see it. This is a 10 trillion10 trillion note. I am fearful that we will see the erosion of nest eggs and of purchasing power. Okay. Bitcoin is a protection from the ultimate erosion we're going to have to see. What's going on ...