This week's Other News of Note - #ONN - 🪙Stablecoins continue to explode, with Amazon, Walmart, Bank of America, China’s all exploring a launch, and JP Morgan launching a pilot for its deposit token “JPMD”; 📈Deribit and began integrating BlackRock’s BUIDL as trading collateral; 🇰🇷South Korea’s Financial Services Commission is advancing new rules for crypto and moving towards a launch of spot crypto ETFs; 💰Strategy’s Bitcoin holdings rise to above 590,000; 🇭🇰HSBC Hong Kong advances its blockchain initiatives, with a focus on custody, tokenization, and bond issuance; 🇻🇳Vietnam passed a sweeping legal framework defining and managing crypto; ⚡️Bybit unveiled a new decentralized exchange, Byreal, on Solana; 💲customers can now pay with USDC on Shopify; 💳Coinbase launches an AmEx-backed credit card offering Bitcoin rewards, is seeking SEC approval to offer tokenized equities; 😯Gemini submitted a complaint to the CFTC alleging that CFTC lawyers “misused their offices and millions of taxpayer dollars to engage in trophy-hunting lawfare”;  🇹🇭Thailand okays a five-year capital gains tax exemption on crypto transactions; 🇪🇸Spanish bank BBVA is now advising high net worth clients to allocate 3-5% to Bitcoin and Ether; 🔥LatAM’s Feniix Exergy completed a $75M acquisition using tokenized equity and debt via the GSX Protocol; 💵the Ethereum Foundation donated $500K to support Roman Storm’s defense; 🇧🇷Brazil to impose a flat 17.5% capital gains tax on crypto profits, with losses deductible over five quarters; ⚖️X suspended more than 20 crypto-related accounts on Monday, including and its founder; 🇫🇷A group of French lawmakers are advocating for Bitcoin mining to absorb and monetize the country’s nuclear energy surplus; 🏢Trump Media & Technology Group has filed to launched a new bitcoin and ether ETF on Monday; 💹Athena Labs and Securitize partnered to facilitate 24/7 atomic swaps using the USDtb stablecoin (backed by BlackRock’s BUIDL); 📈Coinbase Derivatives and Nodal Clear are partnering to integrate USDC as eligible collateral for futures trading; 🇵🇰Michael Saylor met with Pakistan’s Finance Minister and other Pakistani leaders to support the country’s crypto pivot
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