On March 6th, Wu Qing, chairperson of the Securities Supervision Commission, said at the economic theme press conference of the third session of the 14th National People's Congress that he will increase the supply of financial products to support science and technology innovation. Capital markets support technology enterprises not only only by listing, but also by bonds, convertible bonds, and preference shares. Continue to play a good role in supporting scientific and technological innovation, ...
The Polkadot community is passing Web3 Foundation Proposal 498, which aims to set aside 10 million DOTs from the national treasury to solidify Kusama as the premier hub for advanced Web3 technologies, including zero-knowledge (ZK) innovation, artistic, and personality-proof experiments. This fulfills a pre-launch commitment to invest 1% of the original DOT supply (10 million DOT) to increase Kusama's value proposition.
According to Cointelegraph, the Georgia Senate has introduced Bill 228 (SB 228), which proposes to amend Title 50, Title 17, Section 3 of the state code regarding state depositories, authorizing the state depository board to allow the state treasury to invest in bitcoin. The bill, which was introduced by five senators including Senator Esteves of the 35th Ward and is awaiting approval by the Senate, requires the state Treasury to establish policies and procedures for the receipt, storage and tra...
Russian President Vladimir Putin has proposed a partnership between Gazprom and US entrepreneur Elon Musk, the Tass news agency reported on Friday. "Join forces with Musk," Mr. Putin told Dmitry Sauers, the bank's vice-chairperson, at the Future Technologies Forum in Moscow. "When he completes the reform of the US executive branch, his focus will shift to business and technology, and you work with him."
According to the official announcement, Bithumb announced that it intends to terminate VALOR token trading support. The termination time of trading (buy/sell) is scheduled to be 15:00 on Monday, March 24, 2025, and the termination time of withdrawal support is scheduled to be 15:00 on Wednesday, April 23, 2025. It is reported that when the trading support ends, the API trading support of this virtual asset will be stopped, and all outstanding orders (buy/sell) will be cancelled.
Strategists at Citigroup say the current 4.5 per cent rise in US stocks this year may already be the best short-term outcome because of the risks posed by Mr. Trump's policy proposals. The team, led by Scott Chronert, said investors were betting that Mr. Trump's "America First" policies would have a "pro-business" impact. "We...
Economist Michael Pento has put forward an intriguing theory: the 261 million ounces of official gold reserves reported by the US Treasury may not exist. Click to view...
Nasdaq filed a 19b-4 filing on Tuesday, proposing a new Rule 5712 to allow the listing and trading of investment interests based on digital assets, such as securities and commodity-related products. The proposal would also adjust the listing rules for the Hashdex Nasdaq Cryptocurrency Index U.S. ETF.
The Uniswap Foundation has proposed in the Lido community that stETH and wstETH (encapsulated staked ETH) be deployed to Unichain, allowing the Network Expansion Council to endorse stETH/wstETH cross-chain endpoints on Unichain as a specification.
Strategy (MSTR. O) announced that it intends to offer to qualified institutional buyers a private placement of its 0% convertible senior notes due 2030 for a total principal amount of $2 billion. Strategy also expects to grant purchase rights to initial purchasers of the notes, settled within five business days of the date of the notes' initial offering, for a total principal amount of up to $300 million. Strategy intends to use the net proceeds from the offering for general corporate purposes, ...
The Trump administration recently proposed the creation of a US sovereign wealth fund (SWF) by 2026, and hinted that TikTok could be a potential investment target for the fund. The proposal has attracted widespread attention against a backdrop of challenging US economies and high fiscal deficits. While the idea may seem appealing, analysts warn that without clear planning and governance mechanisms, the fund could do more harm than good to markets and the economy.
US Senator Chris Rose of West Virginia has submitted a bill to allow the state treasury to invest up to 10% of its funds in bitcoin or precious metals to hedge against inflation risk. The bill stipulates that the state treasury can invest in digital assets with a market value of more than $750 billion, and currently only bitcoin meets the standard. Assets can be held on-chain or invested through ETFs.
According to Bitcoin Magazine, the US state of Georgia has introduced a bill that would allow state treasurers to invest in bitcoin.