Insha Zia

Dubai, Islamabad, Zug

News Editor at CCN (Capital & Celeb News)

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Articles

Animoca, Standard Chartered, and HKT to Launch HKD Stablecoin

1 week ago | ccn.com | Insha Zia |Giuseppe Ciccomascolo

Home / News / Crypto / News / Animoca, Standard Chartered, and HKT to Launch HKD Stablecoin News 2 min read Published Published Key Takeaways A joint venture between Animoca Brands, Standard Chartered, and HKT is developing a Hong Kong dollar-pegged stablecoin. The project aligns with Hong Kong’s new Stablecoin Ordinance, which goes into effect in August 2025. The stablecoin could serve as a bridge between mainland China and global digital asset markets. A major cross-industry alliance is...
Semler Scientific Bets Big on Bitcoin With 105K BTC Target-Even as Strategy Wobbles

1 week ago | ccn.com | Insha Zia |Prashant Jha

Key TakeawaysSemler Scientific plans to accumulate over 100,000 BTC by the end of 2027. The company has named a new Director of Bitcoin Strategy to lead the effort. Semler adopted a Bitcoin treasury in May 2024 and currently holds 4,449 BTC. Semler Scientific is going all in on Bitcoin. The Nasdaq-listed healthcare tech firm has unveiled an aggressive plan to scale its Bitcoin treasury to over 100,000 BTC by the end of 2027, mirroring Strategy’s (formerly MicroStrategy) bold accumulation strategy.
South Korea Moves Closer to Approving Spot Crypto ETFs as FSC Proposes Roadmap

1 week ago | ccn.com | Insha Zia |Prashant Jha

Key TakeawaysSouth Korea’s financial watchdog is aiming to launch crypto ETFs by late 2025. The FSC has submitted an official roadmap to the Presidential Policy Planning Committee. A broader package of pro-crypto laws is expected in the coming months under President Lee. South Korea may soon join the global race to launch spot crypto exchange-traded funds (ETFs).
Bitcoin ETFs Pull $390M on Day Eight of a Multi-Billion Inflow Streak

1 week ago | ccn.com | Insha Zia |Eddie Mitchell

Key TakeawaysU.S. spot Bitcoin ETFs hold $127.43 billion in total net assets, representing 6.12% of BTC’s market cap. Ethereum ETFs hold $9.94 billion in ETH, or 3.26% of its market cap. Bitcoin is trading down at $104,775; Ethereum is trading at $2,531. Investors are betting big on U.S. spot Bitcoin (BTC) exchange-traded funds (ETFs) as almost $390 million pours in on week two of a multi-billion dollar inflow streak now totalling $2.41 billion.
Crypto IPO Momentum Intensifies as Sol Strategies, FalconX Target New York Listings

1 week ago | ccn.com | Insha Zia |Giuseppe Ciccomascolo

Key TakeawaysFalconX, a crypto prime brokerage, is exploring an IPO and could file as early as this year. Sol Strategies, already listed on the Canadian Securities Exchange, has filed with the U.S. SEC to list on the Nasdaq. Analysts see this IPO trend as a turning point for crypto firms seeking to integrate more deeply with traditional capital markets.
Stablecoin Market Tops $250B as GENIUS Act Clears Senate

1 week ago | ccn.com | Insha Zia |Prashant Jha

Key TakeawaysStablecoin market cap crossed $250 billion for the first time, signaling explosive growth. The GENIUS Act cleared its final Senate vote, marking a historic win for U.S. stablecoin regulation. Financial giants are racing to launch stablecoins ahead of the law’s expected enactment. The market cap of all stablecoins has officially crossed the $250 billion mark, just as the U.S. Senate passed the amended GENIUS Act, putting federal stablecoin legislation within arm’s reach of becoming law.
BlackRock's Bitcoin ETF Nets $639M Amid Market Shakeout

1 week ago | ccn.com | Insha Zia |Eddie Mitchell

Key TakeawaysU.S. spot Bitcoin ETFs hold $128.48 billion in total net assets, representing 6.18% of BTC’s market cap. BlackRock’s Bitcoin ETF holds $71.42 billion in net assets. Bitcoin has been trading down 4.5% in the past week, and Ethereum has been down 9.94%. Amid mounting geopolitical tensions and a broader crypto market shakeout, BlackRock’s spot Bitcoin (BTC) exchange-traded funds (ETFs) continue to dominate, drawing fresh inflows while competitors shed hundreds of millions.
China’s E-Commerce Giant JD.com Tests Stablecoins in Hong Kong

1 week ago | ccn.com | Insha Zia |Prashant Jha

Home / News / Crypto / News / China’s E-Commerce Giant JD.com Tests Stablecoins in Hong Kong News 3 min read Published Published Key Takeaways Chinese e-commerce giant JD.com has entered the stablecoin arena, testing HKD-pegged tokens in Hong Kong’s regulatory sandbox. JD has completed the second phase of its testing and aims for a Q4 stablecoin launch pending licensing approval. The move comes as global firms race to launch stablecoins amid growing regulatory clarity, especially in the U.S....
Gemini Files Complaint, Says CFTC Waged Years-Long War Based on Fraud

1 week ago | ccn.com | Insha Zia |Giuseppe Ciccomascolo

Home / News / Crypto / News / Gemini Files Complaint, Says CFTC Waged Years-Long War Based on Fraud News 3 min read Published Published Key Takeaways Gemini accuses the CFTC of mishandling a multi-year investigation sparked by a disgruntled former executive. The exchange says the probe, which began in 2017, was driven by internal politics and led to no evidence of consumer harm. Gemini supports CFTC reform efforts but warns real change will require serious self-examination within the agency....
Infini Pulls the Plug on Crypto Cards as Compliance Costs Mount in China

1 week ago | ccn.com | Insha Zia |Prashant Jha

Home / News / Crypto / News / Infini Pulls the Plug on Crypto Cards as Compliance Costs Mount in China News 3 min read Published Published Key Takeaways Crypto card provider Infini is shutting down all card services globally. Mainland Chinese users accessed Infini using VPNs despite the country’s crypto ban. Infini cited regulatory pressure and declining profitability as key reasons for closure. Hong Kong-based crypto neobank Infini is pulling the plug on its crypto debit cards, marking the...