Shinhan and Visa team up to test stablecoin issuance and B2B settlements in South Korea
Shinhan Financial Group will use Visa’s platform to test stablecoin issuance, remittance, and redemption while building new AIpowered payment models.…
Crypto Long & Short: Tokenized equities: the model underneath the trade
In this week's Crypto Long & Short, CoinDesk's Joshua DeVos writes that demand for tokenized equities is accelerating fast, from $16 billion to more than $590…
Bill Gates issues a stark warning about AI — and Americans increasingly share his concerns
The Microsoft cofounder is urging technology leaders and government officials to better acknowledge the risks AI poses to jobs and human connections.…
China is collecting on old debts but won’t pay its own
China’s leaders are working to recoup hundreds of billions of dollars worth of unpaid taxes. At the same time, the country is defaulting on a significant…
Meta’s stock gives up gains as Wall Street digests settlement in social-media addiction trial
The socialmedia giant agreed to pay up to $16.68 billion as part of the settlement. Source：MarketWatch
The evidence doesn't support the banks' case against stablecoin rewards
Source：CoinDesk
Students want crypto classes but learn on social media: OKX survey
A separate review found only about 28% of accredited US business schools offered blockchain courses, despite strong demand in the OKX poll. Source：Cointelegraph
U.S. inflation rises again and stays well above Fed’s target. Rate hike might be in play.
The main inflation gauge used by the Federal Reserve to set U.S. interest rates rose at an elevated rate in July, potentially pushing the Federal Reserve…
Bernstein forecasts Bitcoin to reclaim $125K by late 2026 ahead of cycle peak
Bernstein expects Bitcoin to reclaim $125,000 by late 2026 before reaching $300,000 in 2029 under its base case, with a bull case of $500,000.…
Wall Street’s biggest optimist says ‘I wouldn’t jump into the AI trade right now’
Ed Yardeni, who has been called the most bullish person on Wall Street, says he hasn’t been bullish enough on the stock market. Source：MarketWatch
Taurus links digital asset platforms to Swift’s blockchain ledger
Taurus expects first institutional clients to connect in days, with initial DLT transactions through its platforms expected within weeks. Source：Cointelegraph
Dallas Fed warns tokenized deposits could strip $700 billion from U.S. banks' lending capacity
Programmable deposits and AI agents may enable instantaneous, automated bank switching for higher yields, driving up bank funding costs. Source：CoinDesk