JPMorgan Asset Management has announced fee reductions across four of its mutual funds and one exchange-traded fund (ETF), collectively managing assets worth nearly Rs. 5.8 trillion ($70 billion). The move, aimed at enhancing competitiveness in a rapidly evolving investment landscape, underscores the industry-wide trend of large asset managers trimming costs to retain investors amid intensifying… Continue reading JPMorgan Slashes Fees on Four Mutual Funds and One ETF Covering Rs. 5.8 Trillion in Assets
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Tether Charts U.S. Strategy With Launch of USAT Stablecoin
Tether, the world’s largest stablecoin issuer, is preparing to expand its portfolio with the introduction of a U.S.-focused token dubbed USAT. The initiative signals a deliberate effort to align closer with American regulatory frameworks and to strengthen its foothold in a market where policymakers are tightening their grip on digital assets. By pivoting from its… Continue reading Tether Charts U.S. Strategy With Launch of USAT Stablecoin
Tether Appoints Former Trump Advisor Bo Hines to Spearhead New Stablecoin Initiative
Tether, the world’s largest stablecoin issuer, has announced the appointment of Bo Hines, a former advisor to Donald Trump, to lead its new stablecoin project. The move signals Tether’s intent to expand its influence in the evolving digital asset ecosystem by leveraging political expertise and leadership with regulatory insight. Hines’ appointment comes at a time… Continue reading Tether Appoints Former Trump Advisor Bo Hines to Spearhead New Stablecoin Initiative
South Korea Mandates KRW Stablecoins to Trade Exclusively on Binance
Title: South Korea Mandates KRW Stablecoins to Trade Exclusively on Binance SummarySouth Korea has introduced a landmark regulatory requirement stipulating that KRW-backed stablecoins must now be traded exclusively on Binance, the global cryptocurrency exchange. This move signals the country’s effort to streamline stablecoin markets, enhance regulatory oversight, and ensure investor protection amid growing digital asset… Continue reading South Korea Mandates KRW Stablecoins to Trade Exclusively on Binance
Hong Kong’s HashKey Plans $500 Million Digital Treasury Fund Launch
HashKey, a prominent Hong Kong-based blockchain and digital asset firm, has announced plans to launch a $500 million digital treasury fund. The initiative aims to consolidate crypto and blockchain-based investments under a diversified fund structure, targeting institutional and high-net-worth investors. The fund will focus on digital assets, tokenized securities, and decentralized finance (DeFi) projects, reflecting… Continue reading Hong Kong’s HashKey Plans $500 Million Digital Treasury Fund Launch
Nasdaq Seeks SEC Approval to Enable Tokenized and Blockchain-Based Stock Listings
Nasdaq has filed a formal proposal with the U.S. Securities and Exchange Commission (SEC) to allow the tokenization and blockchain-based listing of stocks. The initiative aims to modernize capital markets by leveraging distributed ledger technology, providing enhanced transparency, settlement efficiency, and accessibility for investors. If approved, the move could transform traditional equity markets by integrating… Continue reading Nasdaq Seeks SEC Approval to Enable Tokenized and Blockchain-Based Stock Listings
Tether Prepares Landmark Diversification with Gold
Tether, the world’s largest stablecoin issuer, is preparing for a historic shift by diversifying into gold-backed financial products. Known primarily for its USDT token, which is pegged to the US dollar, the company is now exploring a strategy that integrates precious metals into its reserves and offerings. This move underscores both a response to global… Continue reading Tether Prepares Landmark Diversification with Gold
Tether Explores Gold Miner Investments to Diversify Stablecoin Reserves
Tether, the issuer of one of the world’s largest stablecoins, is reportedly in discussions to invest in gold mining companies as part of a strategy to diversify its asset reserves. The potential move signals a shift from traditional fiat-backed reserves toward physical and commodity-based assets, aiming to enhance stability and investor confidence amid increasing regulatory… Continue reading Tether Explores Gold Miner Investments to Diversify Stablecoin Reserves
Cryptocurrency Fraud Uncovered in Jammu: Three Charged
Authorities in Jammu have exposed a major cryptocurrency fraud that has left unsuspecting investors facing significant financial losses. Three individuals have been charged in connection with the scheme, which allegedly lured participants with promises of extraordinary returns on digital asset investments. The case has reignited debate about investor awareness, regulatory oversight, and the risks posed… Continue reading Cryptocurrency Fraud Uncovered in Jammu: Three Charged
OCBC Launches $1 Billion Blockchain-Based Commercial Paper Program
OCBC Bank has unveiled a $1 billion commercial paper program leveraging blockchain technology, marking a significant step in digitizing debt instruments in Asia. The initiative aims to streamline issuance, improve transparency, and reduce settlement times for corporate borrowers and investors. By integrating blockchain into its operations, OCBC seeks to modernize the traditionally paper-heavy commercial paper… Continue reading OCBC Launches $1 Billion Blockchain-Based Commercial Paper Program