The latest in digital assets, markets and regulation.
A group of 21 financial institutions, including Bank of America, Citi and Goldman Sachs, is planning a stablecoin venture. The project is expected to begin with a US dollar token before considering other G7 currencies, with a euro-denominated product next.
South Korea plans to offer citizens free access to AI services with unlimited tokens. Three consortia will operate the program using as many as 512 state-supplied Nvidia B200 chips, with beta testing scheduled for September.
Michael Saylor has urged MSCI to withdraw a rule he describes as discriminatory toward Strategy. The disputed approach could affect whether the Bitcoin-focused treasury company remains eligible for inclusion in widely followed market indexes.
Ripple is among the blockchain companies entering strategic partnerships to develop custody and tokenized-asset management services for institutional participants in Asia. Coincheck is also connected to the latest round of regional infrastructure activity.
