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NEW: 🇺🇸 US Senate Passes Landmark Crypto Stablecoin Bill - What Comes Next?
Altcoin Daily· 2025-06-18 00:06
Today is a day I've been working towards for over four months after months of intense negotiations. We are minutes away from passing the Genius Act. Breaking news.The US Senate has officially passed the Genius Act, a landmark piece of crypto legislation that establishes a regulatory framework for stable coins for the first time in history. Senator Bill Hagert's legislation that will be a first step towards modernizing the American payment system and integrating digital assets into the US economy in a respon ...
AgriFORCE (NASDAQ: AGRI) Ignites Energy-Led Digital Infrastructure Strategy with Launch of First Commissioned Site in Berwyn, Alberta and Execution of Strategic LOI for Alberta Expansion
Globenewswire· 2025-06-17 12:30
Core Insights - AgriFORCE Growing Systems Ltd. has announced significant advancements in its Power & Compute strategy, focusing on Bitcoin treasury accumulation, modular compute infrastructure, and energy-first monetization [1][5] Group 1: Operational Milestones - The Berwyn site is the first operational deployment under the Power & Compute Initiative, currently running with a capacity of over 425 kW, with plans to expand to over 625 kW [2][6] - A binding Letter of Intent (LOI) has been signed with BlueFlare Energy™ to develop an additional 1.3 MW of power and compute capacity at two new sites in Alberta [4][6] Group 2: Strategic Vision - The company aims to convert stranded gas into ESG-compliant digital compute rapidly, with a target of reaching 1 EH/s compute capacity by Q1 2026 [3][5][12] - The operational model includes a blended approach where up to 50% of capital raises are allocated to direct Bitcoin purchases, and up to 50% of mined Bitcoin is retained in the corporate treasury [9] Group 3: Infrastructure and Technology - The infrastructure includes high-efficiency mining pods and a proprietary operating system for telemetry and predictive maintenance, ensuring ESG compliance [7][10] - The company has exclusive access to over 50 MW of natural gas, with plans to expand to over 100 MW by 2026, utilizing mobile, off-grid systems to bypass utility delays [12]
Dominari Securities Serves as Exclusive Placement Agent to SRM Entertainment on a $100 Million Equity Investment
Prnewswire· 2025-06-17 12:30
- SRM Launches TRON Treasury Strategy NEW YORK, June 17, 2025 /PRNewswire/ -- Dominari Holdings Inc. (Nasdaq: DOMH) today announced that its wholly owned subsidiary, Dominari Securities LLC, served as the exclusive placement agent, successfully leading the placement of a $100 million equity investment for SRM Entertainment, Inc. (Nasdaq: SRM). The transaction, which included the issuance of 100,000 shares of Series B Convertible Preferred Stock and 220 million warrants, represents a total potential investme ...
陈茂波最新发声!香港金管局将尽快处理稳定币牌照申请
Zheng Quan Shi Bao· 2025-06-16 07:24
The Financial Secretary of Hong Kong, Paul Chan Mo-po, has spoken out on stablecoins! On June 15, Paul Chan Mo-po stated in a blog post titled 'Accelerate Forward, Set Sail for Steady Navigation' that after the Stablecoin Ordinance comes into effect, the Hong Kong Monetary Authority will process the received license applications as soon as possible, so that eligible applicants can carry out their business. He also revealed that Hong Kong will soon issue a second policy declaration on the development of digi ...
Crypto Legislation ‘GENIUS Act’ Nears Passage
Bloomberg Technology· 2025-06-13 18:18
This report that potentially we see Amazon were already really galvanizing themselves to have their own stablecoins. How quickly could that up end Visa and MasterCard. Well, look, I think if you're a major technology company or you're a major commerce firm or you're a major financial institution, when you get legal certainty that stablecoin money is a new form of electronic money that is available to the global financial system, you're going to you're going to pay attention. And obviously you're going to lo ...
MoneyHero (MNY) - 2025 Q1 - Earnings Call Transcript
2025-06-13 13:02
MoneyHero (MNY) Q1 2025 Earnings Call June 13, 2025 08:00 AM ET Speaker0 Good day, and thank you for standing by. Welcome to Money Hero Group First Quarter twenty twenty five Earnings Conference Call. At this time, all participants are in a listen only mode. After the speakers' presentation, there will be a question and answer session. Please be advised that today's conference is being recorded. I would now like to turn the call over to your speaker today, Ms. Jiaqinga Chang. Thank you. Please go ahead. Spe ...
Pres. Trump welcomes State of Crypto Summit
Yahoo Finance· 2025-06-12 23:30
Many have called me the first crypto president. That's an honor. I really do consider that a very big honor actually.I created the first presidential working group on digital assets. I named a pro- freedom pro-novation SEC chair, a great man named Paul Atkins, and we created the US Strategic Bitcoin Reserve and the United States Digital Asset Stockpile. But we are not done yet.My administration is working with Congress to pass the Genius Act, supporting the creation of dollarbacked stable coins, and we also ...
uSmart Securities Updates Coverage of SAIHEAT Limited
Globenewswire· 2025-06-12 12:00
Reiterates BUY Rating and Raises Price Target to $31.32 Following SMR Breakthrough and Favorable Policy DevelopmentsSINGAPORE, June 12, 2025 (GLOBE NEWSWIRE) -- SAIHEAT Limited (“SAIHEAT” or the “Company”) (NASDAQ: SAIH, SAITW), today announces that uSmart Securities has updated its coverage of the Company, reaffirming its BUY rating on SAIHEAT and raising the 12-month price target to $31.32, up from $25.87. This revision reflects significant advancements in the Company’s nuclear technology, supportive U.S. ...
Metalpha Announces Successful Conclusion of Next Generation Fund with Exceptional Performance
Prnewswire· 2025-06-12 10:30
Core Insights - Metalpha Technology Holding Limited announced the successful completion of the LSQ Investment Fund SPC – Next Generation Fund I SP, achieving a net asset value (NAV) performance of 375.5% over its two-year investment period, significantly outperforming Bitcoin by 67.3% [1][2]. Company Performance - The Fund, managed by Metalpha's subsidiary LSQ Capital Limited, commenced trading in late March 2023 and concluded in March 2025, demonstrating exceptional investment outcomes through market insight and risk management [2][3]. - The CEO of Metalpha highlighted the company's commitment to delivering strong investment outcomes and creating significant value for investors [3]. Strategic Developments - Following the Fund's lifecycle, Metalpha will transfer its 40% equity interest in NextGen Digital Venture Limited to Mr. Jason Huang, which is expected to strengthen strategic cooperation and ensure continued excellence in fund management [3]. - NextGen Digital Venture Limited has launched Fund II to focus on crypto-related equity investments, indicating a commitment to capturing opportunities at the intersection of crypto and traditional finance [5]. Company Overview - Metalpha Technology Holding Limited is dedicated to providing digital asset-focused wealth management services and aims to lead in this field with a robust, institutional-grade platform [6].
Asia Broadband Confirms Stock Dividend For July Shareholders of Record
Globenewswire· 2025-06-11 12:00
LAS VEGAS, June 11, 2025 (GLOBE NEWSWIRE) -- Asia Broadband Inc. (OTC: AABB) ("AABB" or the "Company") is pleased to announce the ownership and distribution dates of the shareholders stock dividend recently approved by the Company. The common share dividend will be issued on the basis of 1 dividend share for every 35 shares owned to shareholders of record or beneficial owners of the Company on July 10, 2025. The distribution of the dividend representing over 100 million restricted common shares will be proc ...