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OBOOK Holdings Inc. Reschedules First Half 2025 Financial Results Conference Call to December 29, 2025
Globenewswire· 2025-12-26 09:22
Core Viewpoint - OBOOK Holdings Inc. (OwlTing) has rescheduled its earnings conference call to discuss financial results for the first half of 2025, which will take place on December 29, 2025, after U.S. market close [1][2]. Company Overview - OBOOK Holdings Inc. operates as the OwlTing Group, a blockchain technology company headquartered in Taiwan with subsidiaries in multiple countries including the U.S., Japan, Poland, Singapore, Hong Kong, Thailand, and Malaysia [3]. - The company is recognized as one of the top 2 global players in the "Enterprise & B2B" category of the digital currency market map according to CB Insights statistics in 2025 [3]. - OwlTing's mission is to leverage blockchain technology for reliable and transparent data management, aiming to transform the global flow of funds for businesses and consumers [3]. - The company has introduced OwlPay, a hybrid payment solution for Web2 and Web3, to support businesses in the expanding digital currency economy [3].
X @Dash
Dash· 2025-12-17 22:39
RT Around The Coin Podcast (@aroundthecoin)ATC features Joël Valenzuela (@TheDesertLynx), @Dashpay core member. The Dash Project Team builds and maintains an innovative decentralized payment network which acts as the core of an ecosystem of engaged consumers, merchants, and service providers. This network provides users with a private, fast, and fungible digital currency that’s as easy to use as cash, credit cards or PayPal.Joël Valenzuela challenges builders to think beyond today’s regulations and short-te ...
Asia-Pacific markets set to open higher ahead of private survey of China’s manufacturing activity
CNBC· 2025-12-01 00:07
Aerial view of vehicles being driven on the road through the central business district on October 5, 2020 in Beijing, China.Asia-Pacific markets opened December mostly in the red Monday as traders parsed fresh manufacturing data from China and rising expectations of a U.S. Federal Reserve rate cut this month.Traders are pricing in an 87.4% chance of a quarter-point rate cut for the upcoming Fed meeting on Dec. 10, according to the CME FedWatch Tool.Hong Kong's Hang Seng Index opened 0.13% lower, while the m ...
Banco Inter, Chainlink Power Real-Time CBDC Trade Settlement Between Brazil and Hong Kong
Yahoo Finance· 2025-11-03 13:30
Core Insights - Banco Inter and Chainlink have successfully conducted a blockchain-based pilot for real-time cross-border trade transactions using digital currencies and smart contracts [1][2] - The pilot is part of Brazil's Drex digital currency initiative, linking Brazil's Drex network with Hong Kong's Ensemble platform [2] - The project aims to create a more inclusive trade finance ecosystem by reducing costs and improving coordination across platforms [5] Group 1: Pilot Details - The pilot involved the Central Banks of Brazil and Hong Kong, enabling real-time settlement of transactions [1] - Chainlink's infrastructure facilitated the connection between Brazil's and Hong Kong's systems, allowing automated workflows for fund and asset record transfers [2] - The pilot tested delivery-versus-payment (DvP) and payment-versus-payment (PvP) models to minimize settlement risk [3] Group 2: Payment Mechanisms - The system supported conditional and installment-based payments, releasing funds upon confirmation of specific trade process stages [4] - Supporting organizations included Standard Chartered, GSBN, and 7COMm, with GSBN managing updates to the electronic bill of lading [4] Group 3: Future Plans - The partners intend to expand testing to include additional trade models and connect with more financial institutions [5]
Top Stock Picks for Week of October 20, 2025
Tesla (TSLA) Analysis - Tesla has transformed into a dynamic technology innovator in the EV space [1] - Tesla's Energy Generation and Storage business is experiencing robust growth due to strong demand for Megapack and Powerwall products [1] - Tesla possesses high liquidity and low leverage, providing financial flexibility for growth opportunities [1] - Tesla launched its robotaxi in Austin in June 2025, with potential expansion to other U S regions by year-end, pending regulatory approvals [1] - Tesla anticipates significant cost and scaling advantages in its robotaxi venture [1] - Tesla is scheduled to release its third quarter 2025 results on Wednesday, October 22nd, after market close [1] - Shares of Tesla have rallied 93% over the past six months, outperforming the industry and peers [1] Cryptocurrency (iShares Bitcoin Trust - IBIT) Analysis - Cryptocurrency sentiment is turning upbeat in October, with analysts anticipating a potential "Uptober" rally [1] - Increasing interest from institutional investors is sending a positive signal to the market [1] - Pro-crypto moves by the Trump administration and the growing ties to the broader financial ecosystem are key tailwinds [1] - Fundamental drivers of digital currencies are expected to remain robust and support anticipated stability [1]
Chinese tech giants halt stablecoin plans in Hong Kong-report
Yahoo Finance· 2025-10-21 10:18
Core Insights - Chinese tech companies, including Ant Group and JD.com, have paused their plans to issue stablecoins in Hong Kong due to concerns from Beijing regarding private sector-controlled currencies [1][2] - The People's Bank of China (PBoC) and the Cyberspace Administration of China (CAC) have instructed these companies to halt their stablecoin ambitions, citing potential challenges to the PBoC's digital currency project, the e-CNY [2] - Regulatory concerns are centered around the authority of coinage, questioning whether it should belong to the central bank or private companies [3] Company Actions - Ant Group and JD.com were initially interested in participating in Hong Kong's pilot stablecoin program but have now suspended these plans [1] - The PBoC has advised against participation in the stablecoin rollout, reflecting a cautious stance towards tech companies issuing currencies [2] Regulatory Environment - The Hong Kong Monetary Authority began accepting applications for stablecoin issuers in August, aiming to position Hong Kong as a testing ground for mainland China [4] - There is a growing interest in renminbi-denominated stablecoins, which could enhance the international use of the yuan [4] - Former PBoC governor Zhou Xiaochuan has called for a comprehensive evaluation of stablecoins and their potential systemic risks, leading to a more cautious regulatory approach [5][6] Market Implications - Stablecoins, which are pegged to fiat currencies like the US dollar, are crucial for crypto trading, and the pushback from Chinese authorities reflects broader global regulatory concerns [3] - Zhou Xiaochuan warned against the excessive use of stablecoins for asset speculation, which could lead to financial instability [6]
Goldman Sachs, Deutsche Bank Lead Nine-Bank Blockchain Money Initiative
Yahoo Finance· 2025-10-10 19:11
Core Insights - A coalition of nine banks, including Goldman Sachs, Deutsche Bank, and Bank of America, is exploring the creation of blockchain-based digital money, marking a significant step for traditional financial institutions to integrate cryptocurrency into global payment systems [1][3] - The consortium aims to issue a 1:1 reserve-backed digital currency on public blockchains, initially focusing on G7 currencies [2] - The initiative is part of a broader trend in the banking sector towards blockchain adoption, with stablecoins gaining traction for their potential in payment efficiency and liquidity management [4] Group 1 - The coalition consists of major banks such as BNP Paribas, Citigroup, MUFG, TD Bank, and UBS, indicating a strong interest in digital currency solutions [2] - The project is in active discussions with regulators to ensure compliance and facilitate the development of a new class of digital money [3] - The global stablecoin sector has seen significant growth, with a valuation reaching $303 billion, reflecting increased corporate demand [5] Group 2 - The signing of the Genius Act by US President Donald Trump has accelerated global digital currency adoption, enhancing regulatory clarity and institutional involvement [6] - A similar initiative in Europe aims to develop a euro-denominated stablecoin compliant with the EU's MiCAR framework, set to launch in the second half of 2026 [7] - North Dakota has announced plans for a state-backed "Roughrider Coin" for interbank payments, showcasing local government interest in digital currency solutions [8]
Digital euro could drain up to 700 billion euros of deposits in bank run, ECB says
Yahoo Finance· 2025-10-10 09:55
Core Insights - A digital euro could potentially lead to a withdrawal of up to 700 billion euros from commercial banks during a bank run, risking liquidity issues for around a dozen euro zone lenders [1][3][4] - The European Central Bank (ECB) conducted a study to assess the risks posed by a digital currency to the banking sector, particularly in scenarios of a "flight to safety" [2][3] - The ECB's findings suggest that under extreme conditions, 13 out of 2,025 banks analyzed could deplete their mandatory cash buffers [4][5] Group 1: Digital Euro Impact - In a hypothetical scenario where depositors withdraw funds to invest in digital euros, 699 billion euros could be moved, representing 8.2% of all retail sight deposits [3] - The ECB indicated that the impact would be more pronounced for smaller market lenders and retail banks [3] - The study also highlighted that the figures might be overestimated, as it does not account for depositors with multiple bank accounts [5] Group 2: Alternative Scenarios - Under a "business as usual" scenario, where depositors do not fully utilize their digital euro allowance, just over 100 billion euros would leave banks, keeping the sector within liquidity requirements [6] - The ECB noted that this outflow could be counterbalanced by a trend of moving from cash to electronic payment methods, potentially increasing bank deposits [6] - The ECB simulated various individual holding limits (500, 1,000, and 2,000 euros), resulting in lower outflow estimates, confirming that holding limits can help maintain financial stability [7]
SWIFT and top global banks working on blockchain-based overhaul
Yahoo Finance· 2025-09-29 07:31
Core Insights - SWIFT and over 30 global banks are collaborating to make cross-border payments instantaneous and to develop a blockchain-based shared digital ledger for modernizing international bank transactions [1][2][5] Group 1: Project Overview - The initiative aims to enable real-time 24/7 cross-border payments, which are expected to reduce costs and processing times that currently take days [2] - The project will focus on interoperability with emerging systems for stablecoins, tokenized bank deposits, and central bank digital currencies (CBDCs) [2][4] Group 2: Market Context - SWIFT's existing network connects over 11,000 banks across more than 200 countries, facilitating trillions of dollars in transactions daily [3] - A report by Citi projects that stablecoins could reach up to $4 trillion in circulation by 2030, with an estimated $100 trillion in annual trade using them [4] Group 3: Technological Features - The shared digital ledger is designed to securely log transactions in real-time, record, sequence, validate transactions, and enforce rules through smart contracts [5] - Major financial institutions involved in the project include JPMorgan, HSBC, Deutsche Bank, MUFG, BNP Paribas, Santander, and OCBC, along with banks from the Middle East and Africa [5]
EU ministers seek agreement on digital euro to be independent of Visa and Mastercard
Reuters· 2025-09-19 10:16
Core Viewpoint - The European Union finance ministers are aiming to establish a unified stance on the creation of a digital euro currency, which could serve as an alternative to the currently dominant U.S.-based payment systems like Visa and MasterCard [1] Group 1 - The digital euro currency initiative is part of the EU's broader strategy to enhance its financial sovereignty and reduce reliance on foreign payment systems [1] - The discussions among finance ministers are expected to focus on the technical and regulatory frameworks necessary for the implementation of the digital euro [1] - The potential launch of a digital euro could significantly impact the European payment landscape, providing consumers and businesses with more options [1]