Hong Kong Finance Secretary Paul Chan defended the city’s “same activity, same risk, same regulation” framework for digital assets while speaking at the World Economic Forum in Davos, according to the South China Morning Post. Speaking at a closed-door workshop in Switzerland on Tuesday, Chan said finance and technology were increasingly intertwined but required a balanced regulatory approach. He said: Digital assets should serve the real economy. But we must also build strong guardrails to address risks to financial stability, market integrity and investor protection. Chan pointed to the city’s…
Tag: Digital
Trump Media Sets Feb 2 Record Date for Shareholder Digital Token Distribution
Key Notes Shareholders holding at least one DJT share on February 2, 2026 qualify for non-transferable digital tokens and Truth platform rewards. Crypto.com will mint and custody tokens designed as perks rather than equity, avoiding securities classification under US guidance. DJT stock climbed to $14.23 but remains down over 60% year-over-year despite the temporary rally on airdrop speculation. Trump Media and Technology Group Corp. (Nasdaq, NYSE Texas: DJT) shares traded higher today. This followed the company setting February 2, 2026, as the record date for its planned digital token airdrop…
Digital Asset Treasuries That Just Hodl Get It Wrong
Opinion by: Mike Maloney, Chairman of 21 Vault, a company operating in digital asset infrastructure and treasury strategy Digital asset treasuries (DATs) started back in 2020 with Strategy’s decision to buy and hold Bitcoin (BTC). That fateful decision has created a treasury with a market capitalization exceeding $80 billion. A flurry of companies began to replicate this buy-and-hold approach. These new DATs raise huge amounts of capital to buy their chosen asset before merging with publicly traded companies, giving investors exposure to crypto via their stocks. Summer turned to winter.…
India Proposes Linking BRICS Central Bank Digital Currencies: Report
Key Notes According to two sources, India’s central bank wants BRICS nations to unify their CBDCs. The goal is to reduce reliance on the United States dollar. President Donald Trump has previously threatened tariff sanctions, a move that could be revived if this proposal passes. Two sources have reported that India has published a proposal for countries under the BRICS bloc to link their Central Bank Digital Currencies (CBDCs). The central bank of the Asian giant strongly believes that this move will facilitate cross-border trade and tourism payments. Ultimately, this…
Kazakhstan President Signs Laws Regulating Digital Assets
Kazakhstan’s President Kassym-Jomart Tokayev has signed legislation establishing a framework to regulate digital assets, including cryptocurrencies like Bitcoin (BTC). Tokayev signed the laws “On Banks and Banking Activities” and “On Amendments and Supplements to Certain Legislative Acts on the Regulation and Development of the Financial Market, Communications, and Bankruptcy,” according to a government statement. The rules introduce a classification for digital assets, including stablecoins, assets backed by financial instruments and property, and financial instruments issued in electronic digital form. The National Bank of Kazakhstan (NBK) will act as a key…
Stablecoin Yield Prohibition Gives Digital Yuan Leg Up Over USD: Scaramucci
The expanded prohibition on stablecoin yield in the CLARITY Act makes the US dollar less competitive than the Digital Yuan, Scaramucci said. The prohibition on yield-bearing stablecoins in the CLARITY Act puts the US dollar at a competitive disadvantage to China’s Digital Yuan, a yield-bearing central bank digital currency, according to Anthony Scaramucci, founder of asset manager SkyBridge Capital. “The whole system is broken,” Scaramucci said in response to the prohibition on crypto exchanges and service providers offering customers yield on stablecoins in the CLARITY Act, a crypto market structure…
Crypto Bank Anchorage Digital Eyeing $400M Raise and IPO
Institutional crypto platform Anchorage Digital is looking to raise hundreds of millions of dollars of fresh capital as it eyes a potential Initial Public Offering. The raise would be in the $200 million to $400 million range, while a possible IPO is slated for sometime next year, according to a Bloomberg report on Friday, citing people familiar with the matter who asked to remain anonymous. Anchorage’s affiliate, Anchorage Digital Bank National Association, became the first federally chartered crypto bank in 2021 and is now well-positioned to lead stablecoin issuance and…
EU Economists Warn on Digital Euro Delays
Key Notes 70 economists argue a publicly backed digital euro is needed to protect Europe’s monetary sovereignty. They warn delays could deepen Europe’s reliance on non-European card networks and big tech payment platforms. The ECB is still in its preparation phase, balancing innovation, privacy, and regulatory requirements. Economists in the European Union are urging lawmakers and Members of the European Parliament (MEPs) to back a digital euro that serves the public interest. This push comes as private stablecoins continue to gain ground in the EU market. The economists emphasized that…
Economists Urge MEPs to Support Digital Euro in Open Letter
Seventy economists and policy experts called on members of the European Parliament (MEPs) to back a digital euro that serves the public interest, arguing that it is crucial for Europe’s monetary sovereignty and for guaranteeing access to central bank money in an increasingly cash‑light economy. The open letter, published on Sunday and titled, “The Digital Euro: Let the public interest prevail!,” warned that without a strong public option, private stablecoins and foreign payment giants may gain even greater influence over Europe’s digital payments. The signatories, including former European Bank for…
Wall Street Moves Onchain as Banks Embrace Digital Assets
For years, major banks treated cryptocurrency primarily as a risk to be contained. That posture is now giving way to a more deliberate form of engagement. Rather than debating crypto’s legitimacy, banks are increasingly deciding how and where to integrate it, from regulated investment products to blockchain-based payment rails. This shift is on full display in this week’s Crypto Biz. JPMorgan is extending its US dollar deposit token onto new blockchain infrastructure, signaling that tokenized cash is moving closer to production use within global banking. Morgan Stanley, meanwhile, is positioning…