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Russia-linked A7A5 stablecoin, supporting cast hit in EU's latest sanctions package

Russia-linked A7A5 stablecoin, supporting cast hit in EU's latest sanctions package

The European Union (EU) has passed its 19th set of sanctions against Russia. For the first time since the war in Ukraine began, restrictions have been implemented on crypto platforms and crypto coins ...

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1 min
Revolut secures MiCA license from Cyprus to expand European operation

Revolut secures MiCA license from Cyprus to expand European operation

Revolut, the global fintech firm, has formally received a Markets in Crypto Assets (MiCA) license from the Cyprus Securities and Exchange Commission (CySEC). This allows it to provide regulated crypto...

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1 min
Swiss National Bank (SNB) claims expansionary effect from zero-interest-rate policy

Swiss National Bank (SNB) claims expansionary effect from zero-interest-rate policy

In its so-called summary of monetary discussions, the Swiss National Bank (SNB) states that its zero-interest-rate policy is already having an expansionary effect and could lead to higher inflation in...

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1 min
Nexperia China resumes domestic sales, insists on yuan settlement

Nexperia China resumes domestic sales, insists on yuan settlement

Nexperia’s China-based unit has restarted domestic chip deliveries after a weeks-long freeze triggered by Beijing’s export ban. But every single sale must now be settled in Chinese yuan, not in U.S. d...

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1 min
Asia pulls back from peaks even as U.S.’s Dow holds firm at record high

Asia pulls back from peaks even as U.S.’s Dow holds firm at record high

Global markets struggled for direction on Wednesday after a chaotic 24 hours that saw Wall Street touch historic levels while Asia-Pacific equities stumbled. According to data from CNBC, U.S. stock fu...

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1 min
SoftBank plans $2B bond sale amid aggressive push into AI

SoftBank plans $2B bond sale amid aggressive push into AI

SoftBank Group Corp., the Japanese multinational conglomerate holding company, is on a fundraising spree to support its ambitious Artificial Intelligence (AI) initiatives, particularly its investment ...

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1 min
Water150 (W150) explained: RWA project tokenizing premium spring water for 150 years

Water150 (W150) explained: RWA project tokenizing premium spring water for 150 years

According to WHO research, one in four people does not have access to clean drinking water, and its availability will drop in the future. Water150 is a Real-World Asset project tokenizing spring water...

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1 min
Chinese battery shipments jump 220%, raising oversupply concerns abroad

Chinese battery shipments jump 220%, raising oversupply concerns abroad

Beijing’s battery manufacturing firms have secured approximately 200 overseas orders (+220% YoY) in H1 2025, totaling 186 gigawatt-hours, after an overcapacity slump in 2024. The country plans to inje...

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1 min
Germany’s banks democratize private equity for retail clients

Germany’s banks democratize private equity for retail clients

German retail banks are increasingly offering private equity funds to the country’s growing pool of small-scale investors, with lenders from Deutsche Bank to fintech star Trade Republic looking to tap...

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1 min
Apollo Global's chief, Rowan, says that Europe is “at war with itself” regarding financial regulation

Apollo Global's chief, Rowan, says that Europe is “at war with itself” regarding financial regulation

Marc Rowan, CEO of Apollo Global Management, a major US-based alternative asset manager with over $600 billion in assets under management, in a recent interview, criticized what he calls Europe’s frag...

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1 min
Europol dismantles Latvian platform servicing phishing scammers, investment fraud

Europol dismantles Latvian platform servicing phishing scammers, investment fraud

Europol has announced the disruption of a sophisticated cybercrime-as-a-service (CaaS) platform. According to the agency, the Friday operation caused a dent in a platform that operated a SIM farm and ...

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1 min
Beijing steps in as PBoC warns against private stablecoin issuance

Beijing steps in as PBoC warns against private stablecoin issuance

Chinese tech giants have shelved their plans to launch stablecoins in Hong Kong after Beijing raised red flags over the growing influence of privately controlled digital currencies. Alibaba-backed Ant...

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1 min