📰 #AscendEX Daily Updates🔷With silver prices hitting historical highs, on-chain silver token trading volume has surged🔷JPYC, the issuer of the Japanese yen stablecoin, partners with South Korean IT giant ITCEN GLOBAL for stablecoin research🔷Michael Saylor: If Strategy accumulates 5% of Bitcoin’s total supply, the price could surge to $1 million#AscendEX #Crypto #CryptoNews ...

🔥 LATEST: TON leads stablecoin supply changes over the last 24 hours with $500.6M in inflows, per Artemis data. https://t.co/OYQtNI4pKx ...

According to Bloomberg, the Hong Kong Insurance Authority is proposing a set of new rules to channel insurance capital into assets including cryptocurrencies and infrastructure. Under a presentation document, the regulator would apply a 100% risk capital charge to crypto assets, while stablecoin investments would be subject to risk charges based on the fiat currency to which they are pegged. https://t.co/Y4gZbwb3Na ...

Daily News 🗞 | December 22• Bitcoin RSI nears three-year lows• Grayscale predicts end of crypto’s four-year cycle as institutional era begins• Ethereum Foundation prioritizes security, targets 128-bit rule by 2026• US lawmakers plan to ease taxes on small stablecoin transactions• Crypto activity in Brazil rises 43% with average investment surpassing $1,000#CryptoNews #PoloniexNEWS ...

🇺🇲 LATEST: US lawmakers propose a $200 tax exemption for stablecoin payments and delayed taxes on staking rewards. https://t.co/9NHEunfYHW ...

Financial Performance & Strategy - Flutterwave shifted its focus towards sustainability, improved economics, and better capital allocation in recent months [1][2] - The company aims for overall group profitability potentially by 2026 [3][4] - Flutterwave is prioritizing revenue growth, margin expansion, and achieving profitability to become sustainable and less dependent on funding cycles [23] - The company is operating with public market discipline, focusing on profitability and sustainability [25][26] Growth & Expansion - Enterprise business in the Asia corridor has seen approximately 50% growth across the board, with a 100% margin balance in the period [2] - Enterprise business grew over 1,000% in the Asia corridor in the last year due to simplified payment solutions for African SMBs and corporates importing from Asia [8][9] - Flutterwave is building infrastructure to enable enterprises, SMBs, and consumers, including stablecoin deployments [5] - The company is expanding its remittance products to cover every corridor in Africa, aiming to be the easiest way to move money [8] - Flutterwave plans to expand into the UAE and Hong Kong through partnerships, targeting major trade routes for Africa [15] Technology & Innovation - Flutterwave is building the "biggest stablecoin deployment ever" in Africa, providing stablecoin wallets for businesses and consumers [5] - Stablecoin infrastructure connects the Fiat world to the Stablecoin world, enabling real-time payments for suppliers and faster remittances [7] - The company launched a Naira card for travelers to Nigeria in 7-8 weeks, demonstrating its innovation and responsiveness to customer demand [27][28] Market Position & Future Outlook - Flutterwave is the "biggest fintech in Africa" and the "most licensed non-bank entity" [13] - The company views itself as infrastructure, enabling the growth of commerce and logistics in Africa [19] - Flutterwave believes Africa's future is infrastructure-led and anticipates more unicorns and global companies growing from Africa in the next decade [13][20] - An IPO is considered a milestone, not a destination, and will only be pursued when the company is ready and there is a clear need for capital [24]

According to Bloomberg, bipartisan House lawmakers Max Miller and Steven Horsford are drafting a crypto tax framework that would exempt capital gains on regulated, dollar-pegged stablecoin transactions under $200 and allow staking and mining rewards to be taxed on a deferred basis for up to five years. The proposal would also bring digital assets under securities-related tax rules, permit eligible traders to use mark-to-market accounting, and extend wash-sale restrictions to cryptocurrencies. https://t.co/W ...

RT Joseph Young (@iamjosephyoung)ethereum + base now settle $180 BILLION in raw stablecoin volume EVERY DAY.even if you aggressively strip out the noise and MEV, it's around ~$40B in organic daily settlement.for context: that’s comparable in scale to visa’s daily payment volume.believe in ETH. https://t.co/rpsmVTGXia ...

Ethereum Dominance - Ethereum is dominating the entire stack across on-chain metrics [1] - Ethereum leads in Application TVL (Total Value Locked) [1] - Ethereum leads in Stablecoin market cap [1] - Ethereum leads in Tokenized funds market cap [1] - Ethereum leads in Tokenized stocks market cap [1] - Ethereum leads in Active loans in lending [1] - Ethereum leads in Daily stablecoin transfer volume [1]

🇺🇸 LATEST: Gemini joined 125+ companies urging Congress to keep the GENIUS Act as it was written.These parties believe that changes would undermine legal stablecoin rewards and innovation. https://t.co/wZHkAUPARQ ...