This week's Other News of Note - #ONN -
đȘStablecoins continue to explode, with Amazon, Walmart, Bank of America, Chinaâs all exploring a launch, and JP Morgan launching a pilot for its deposit token âJPMDâ;
đDeribit and began integrating BlackRockâs BUIDL as trading collateral;
đ°đ·South Koreaâs Financial Services Commission is advancing new rules for crypto and moving towards a launch of spot crypto ETFs;
đ°Strategyâs Bitcoin holdings rise to above 590,000;
đđ°HSBC Hong Kong advances its blockchain initiatives, with a focus on custody, tokenization, and bond issuance;
đ»đłVietnam passed a sweeping legal framework defining and managing crypto;
âĄïžBybit unveiled a new decentralized exchange, Byreal, on Solana;
đČcustomers can now pay with USDC on Shopify;
đłCoinbase launches an AmEx-backed credit card offering Bitcoin rewards, is seeking SEC approval to offer tokenized equities;
đŻGemini submitted a complaint to the CFTC alleging that CFTC lawyers âmisused their offices and millions of taxpayer dollars to engage in trophy-hunting lawfareâ;Â
đčđThailand okays a five-year capital gains tax exemption on crypto transactions;
đȘđžSpanish bank BBVA is now advising high net worth clients to allocate 3-5% to Bitcoin and Ether;
đ„LatAMâs Feniix Exergy completed a $75M acquisition using tokenized equity and debt via the GSX Protocol;
đ”the Ethereum Foundation donated $500K to support Roman Stormâs defense;
đ§đ·Brazil to impose a flat 17.5% capital gains tax on crypto profits, with losses deductible over five quarters;
âïžX suspended more than 20 crypto-related accounts on Monday, including and its founder;
đ«đ·A group of French lawmakers are advocating for Bitcoin mining to absorb and monetize the countryâs nuclear energy surplus;
đąTrump Media & Technology Group has filed to launched a new bitcoin and ether ETF on Monday;
đčAthena Labs and Securitize partnered to facilitate 24/7 atomic swaps using the USDtb stablecoin (backed by BlackRockâs BUIDL);
đCoinbase Derivatives and Nodal Clear are partnering to integrate USDC as eligible collateral for futures trading;
đ”đ°Michael Saylor met with Pakistanâs Finance Minister and other Pakistani leaders to support the countryâs crypto pivot
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