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Mastercard plans to acquire the crypto infrastructure company Zerohash for $1.5 to $2 billions to strengthen its stablecoin strategy. Previously, it had bid for BVNK but was outpaced by Coinbase. The stablecoin sector continues to grow in popularity, with major companies accelerating the acquisition of related startups. Summary generated by Mars AI. The accuracy and completeness of this summary are still being iteratively improved.
Quick Take Summary is AI generated, newsroom reviewed. The conclusion of the 120-day OCC review for Ripple National Trust Bank is set for October 30. Approval could allow Ripple to manage digital assets under a national banking license and integrate its blockchain with the U.S. financial system. Ripple's strong compliance and utility-based approach, including its RLUSD stablecoin, may fast-track the approval process. The potential bank approval is seen by investors as a major validation of Ripple's long-te
The article explores the true motivation behind the change in the Federal Reserve chair, pointing out that the core issue is the massive U.S. national debt and fiscal deficit, rather than inflation. Trump has hinted at the possibility of using cryptocurrencies to address the debt problem, and the next chair may promote the integration of digital assets as national financial tools. Summary generated by Mars AI. The accuracy and completeness of this summary, generated by the Mars AI model, are still in the process of iterative improvement.
How does it bring together Base, pump.fun, and Solana for a joint performance?
- 04:39BNB falls below $1,100Jinse Finance reported that according to market data, BNB has fallen below $1,100, currently quoted at $1,099.76, with a 24-hour decline of 0.64%. The market is experiencing significant volatility, please manage your risks accordingly.
- 04:32Hong Kong Monetary Authority: Will establish a comprehensive digital currency framework to promote the complementary coexistence of digital Hong Kong dollar, tokenized deposits, and stablecoins.ChainCatcher news, Hong Kong Monetary Authority (HKMA) Chief Executive Eddie Yue published an article in "Insight" titled "Building Bridges for Hong Kong's Digital Economy," announcing the release of the next phase of the fintech development blueprint to ensure Hong Kong remains at the forefront of fintech innovation. The HKMA will explore Central Bank Digital Currency (CBDC) and build next-generation data infrastructure, further researching tokenization to improve the financial system. In addition, Hong Kong will establish a comprehensive digital currency framework to promote the complementary coexistence of various forms of tokenized currencies, such as the digital Hong Kong dollar, tokenized deposits, and regulated stablecoins.
- 04:27Founder of Formula: Closed FORM long positions, market has become desensitized to the Meme speculation narrativeChainCatcher News, Formula News founder Vida stated on his personal channel, "I have already exited my FORM position. Obviously, the market has become desensitized to the meme speculation narrative, and a certain exchange did not invest more resources to nurture its core members (Four.meme, Aster) as I had expected."