Prashant Jha

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.

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).

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.

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....

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...