By Chayanika Deka Investors withdrew $187 million from digital asset products last week, but the pace of outflows has slowed significantly. Historically, these changes reveal crucial inflection points in investor sentiment. CoinShares stated that the deceleration suggests that panic selling may be subsiding, which may imply that the market could be stabilizing and that a […]
Tag: Switzerland
By Emir Abyazov Key highlights: Tether holds more than 140 tons of gold, valued at roughly $23 billion. XAUt market capitalization exceeds $4 billion, dominating gold-backed stablecoins. Tether buys 1-2 tons of gold weekly to strengthen its stablecoin ecosystem. Tether is rapidly emerging as one of the largest private holders of gold in the world, […]
By Ronaldo Marquez At the World Economic Forum in Davos, Switzerland, Hong Kong’s Financial Secretary, Paul Chan Mo-po, announced the region’s plan to issue licenses for stablecoin providers in the first quarter of this year as the city seeks to strengthen its position as a leading hub for financial technology. Hong Kong’s Regulatory Framework Chan […]