Mayowa Adebajo

1 day ago | coincu.com | Mayowa Adebajo

Key Points:Thailand to issue 5 billion baht in digital tokens to raise funds. Tokens offer returns higher than traditional deposits. SEC involved in managing blockchain ecosystem. Thailand’s Finance Ministry announced its intention to issue digital investment tokens worth 5 billion baht ($150 million) in Bangkok as part of a public fundraising strategy. This move signifies a pivotal step in Thailand’s financial modernization, aiming to enhance access to state investments and returns.

1 day ago | coincu.com | Mayowa Adebajo

Key Points:Mersinger exits CFTC, joins Blockchain Association as CEO, enhancing crypto lobbying. Expected to solidify industry influence on policy. Potential reshaping of U.S. digital asset regulation. Summer Mersinger will leave the CFTC to assume the CEO position at the Blockchain Association on June 2, 2025, as announced recently. This leadership shift places a regulatory authority at the forefront of the primary cryptocurrency lobbying group, poised to influence future policies and regulations.

1 day ago | coincu.com | Mayowa Adebajo

Key Points:Routine CSDC account verification refuted rumors of margin finance investigation. Confirmation from CSDC dispels online speculations. No special arrangements for targeting margin financing. China Securities Depository and Clearing Corporation Limited (CSDC) clarified the nature of its account verification process, confirming on May 14th that it remains a routine activity, as reported by BlockBeats News.

1 day ago | coincu.com | Mayowa Adebajo

Key Points:U.S. rolls back 91% of tariffs on Chinese goods effective May 14. Immediate effects on cross-border trade and logistics. Temporary tariff changes set to reassess in 90 days. President Trump has drastically reduced tariffs on Chinese products, effective May 14, revoking 91% of these trade barriers. The removal of tariffs on Chinese imports marks a notable shift in U.S.-China trade policies, impacting the logistics and e-commerce sectors.

1 day ago | coincu.com | Mayowa Adebajo

Key Points:Leaders make substantial progress in U.S.-China trade talks. Bitcoin prices show 30% increase recently. Federal Reserve hints positively impact cryptocurrencies. U.S. officials led by Donald Trump and key figures reached “substantial progress” in trade talks with China on May 11, amidst sharply fluctuating foreign exchange markets. These developments are reshaping crypto dynamics, highlighted by Bitcoin’s recent 30% surge.