LATEST: 🇬🇧 The UK's Financial Conduct Authority regulator announced that its 2026 goals include prioritizing digital asset regulation and empowering local, UK-issued stablecoins. https://t.co/RbOsxEuIsk ...

Core Viewpoint - A coalition of U.K. lawmakers is urging Chancellor Rachel Reeves to ensure that the regulatory framework for stablecoins fosters innovation and does not drive capital overseas, as current proposals from the Bank of England may undermine London's status as a global financial hub [1][5]. Group 1: Importance of Stablecoins - Stablecoins are becoming a crucial part of the digital economy, enhancing financial transactions by reducing costs, speeding up settlements, and promoting financial inclusion [2]. - Transactions involving stablecoins reached $27.6 trillion in 2024, exceeding the combined activity of Visa and Mastercard by nearly 8%, with projections suggesting this could surpass $100 trillion by 2030 [3]. Group 2: Concerns Over Regulatory Framework - The Bank of England's draft framework imposes restrictions on stablecoin usage in wholesale markets, bans interest on reserves, and limits holdings to GBP 20,000, which could hinder the U.K.'s participation in financial innovation [4]. - Such limitations may render pound-backed stablecoins less attractive, pushing investors towards dollar-pegged alternatives like USDC and USDT, which are outside U.K. regulatory oversight [4]. Group 3: Potential Market Implications - The lawmakers warn that these regulatory constraints could lead to a migration from pound-backed digital assets to dollar-based ones, resulting in a two-tier market where most on-chain activities are denominated and settled in U.S. dollars [5]. - The urgency of this intervention is heightened by the U.S. advancing its GENIUS Act to clarify regulations for digital assets, raising concerns about the erosion of London's fintech leadership due to indecision in domestic policy [5]. Group 4: Call for Action - The letter concludes with a call for a progressive stablecoin framework that would attract international investment, support high-value fintech growth, and reinforce the U.K.'s position as a global innovation hub [6].

NEW YORK, Dec. 11, 2025 (GLOBE NEWSWIRE) -- ITHAX Acquisition Corp III (the “Company”), a newly incorporated blank check company, today announced the pricing of its initial public offering of 20,000,000 units at a price of $10.00 per unit. The units are expected to be listed on the Nasdaq Global Market (“Nasdaq”) and trade under the ticker symbol “ITHAU” beginning December 12, 2025. The Company is sponsored by Orestes Fintiklis, founder of Ithaca Capital Partners, who is also acting as Chief Executive Offic ...

LATEST: 💳 Fintech company Klarna is partnering with wallet infrastructure firm Privy to develop crypto wallet features that will be integrated directly into its financial products, allowing users to store and send digital assets. https://t.co/2XL0iTRV1F ...

CFTC rolls back 2020 guidance focused on 'actual delivery' of digital assets https://t.co/Hc0YbeJeNh ...

Summary of Mawson Infrastructure Group Conference Call Company Overview - **Company Name**: Mawson Infrastructure Group - **Ticker Symbol**: MIGI (NASDAQ) - **Industry Focus**: Digital infrastructure, AI, high-performance computing (HPC), and digital assets with a carbon-free energy approach [2][3] Key Points and Arguments Strategic Initiatives - **Transition to AI HPC**: Mawson is evolving from cryptocurrency mining to AI HPC, recognizing the future reliance on AI alongside traditional mining, which offers potential for greater revenue streams [5][6] - **GPU Pilot Initiative**: This initiative is a significant step towards decentralized AI network participation, marking a shift in the company's operational focus [5][30] Facility and Lease Extensions - **Lease Extensions**: Mawson has extended leases for its facilities, including a five-year extension for Bellefonte and a ten-year extension for Midland, with incremental extensions starting this year [6][20] - **Facility Capacities**: The company operates three major sites with a total power capacity of 153 megawatts, with Midland having 120 megawatts, Bellefonte 9 megawatts, and Corning, Ohio 24 megawatts [19][20] Litigation and Legal Matters - **Ongoing Litigation**: The company has faced significant litigation, which has impacted its operations. However, recent court rulings have allowed Mawson to countersue for damages incurred [7][8] - **Resolution Goals**: Mawson aims to resolve litigation amicably to focus on business operations without legal distractions [9] Financial Performance - **Revenue Growth**: Mawson reported a 37% increase in revenue year-over-year, attributed to effective energy management strategies [15] - **Quarterly Improvement**: From Q3 2024 to Q3 2025, revenue improved by 7%, driven by digital co-location and energy management programs [25] Operational Efficiency - **Power System Uptime**: The company achieved a power system uptime of 99.95%, showcasing the reliability of its infrastructure [26] - **Lean Operations**: Mawson operates with a lean staff, capable of deploying up to 4 megawatts of miners daily, contributing to operational efficiency and profitability [27][28] Market Positioning - **PJM Market Advantages**: Mawson operates in the PJM market, which offers robust grid stability and carbon-free energy options, making it favorable for customers [18][19] - **Digital Asset Growth**: The global market for digital assets is expanding, with Bitcoin's market cap at $1.7 trillion and digital currencies at $2.9 trillion, presenting opportunities for Mawson [32][33] Additional Important Information - **Management Team**: The leadership team has been revamped, bringing extensive experience across technology, energy, and infrastructure sectors, aiming to enhance shareholder value [12][13] - **Client-Focused Services**: Mawson offers various technical services, including help desk systems and feasibility studies for battery storage, to support its growth in AI and HPC [29] This summary encapsulates the critical insights from the Mawson Infrastructure Group conference call, highlighting the company's strategic direction, operational efficiency, and market positioning.

Industry Recognition - The company has won 'Best Blockchain-Based Solution' at the MENA Fintech Awards [1] Strategic Partnership - The company has a world-first agreement with Dubai Finance [1] - The agreement facilitates government service fee payments using digital assets [1] Technological Advancement - This represents the first comprehensive and holistic Government-wide implementation of payment digitization [1] Regional Leadership - The UAE is reinforced as a global leader in financial innovation [1]

Core Viewpoint - Bank of America is shifting its approach to cryptocurrencies by recommending several cryptocurrency exchange-traded funds (ETFs) to wealth clients starting January 5, moving away from its previous policy of only offering digital asset investments upon request [1][2]. Group 1: Client Demand and Strategy - The decision to recommend cryptocurrency ETFs is in response to increasing client demand, as stated by Nancy Fahmy, Head of Investment Solutions Group at Bank of America [2]. - The bank's guidance will primarily focus on Bitcoin and Ethereum, with four specific Bitcoin ETFs available from the outset [3]. Group 2: Investment Recommendations - Chris Hyzy, the investment chief at Bank of America Private Bank, suggests that a modest allocation of 1% to 4% in digital assets could be suitable for investors, depending on their risk tolerance [4]. - The lower end of the allocation range is recommended for conservative investors, while the higher end is for those with a greater risk appetite [4]. Group 3: Industry Context - Bank of America joins other financial institutions like Charles Schwab, Fidelity Investments, JPMorgan Chase, and Morgan Stanley in offering clients access to select cryptocurrency ETFs [5]. - The broader Wall Street trend towards embracing cryptocurrencies has been influenced by supportive regulatory changes from the Trump administration, including a stablecoin bill [6]. Group 4: Market Potential - The growing adoption of cryptocurrencies is expected to drive significant inflows into digital assets, potentially boosting valuations [7]. - Data from Tephra Digital indicates that $31 trillion in capital on wealth management platforms has been restricted from accessing Bitcoin ETFs due to exposure limitations [7].

RT Bitcoin For Corporations (@BitcoinForCorps)A new MSCI rule would drop companies from indexes if digital assets exceed 50% — misclassifying operating businesses as fund-like and breaking neutral index standards.Join the call for MSCI to withdraw the rule:👉 https://t.co/ylANZGMn4r https://t.co/gLd7FGlqce ...

Core Insights - The increasing acceptance of digital assets on Wall Street and within the broader investment community is driving the growth of ETF products that provide exposure to cryptocurrencies, blockchain technology, and related businesses [1] Group 1 - The rise in ETF products reflects a growing interest in digital assets among investors [1] - The focus areas for investment include cryptocurrencies, Bitcoin miners, and companies involved in the metal and media sectors [1]