Author: Ethan Carter

Fasset has obtained a provisional license from Malaysia’s Labuan Financial Services Authority (FSA) to establish what it claims is the first stablecoin-powered “Islamic digital bank.”This license permits Fasset, a comprehensive financial super app, to function within a regulated sandbox tailored for Shariah-compliant financial offerings, the company announced in a news release on Tuesday.“We can now merge the reliability of a global banking institution with the creativity of a fintech innovator that is fully halal,” stated Fasset CEO Mohammad Raafi Hossain.Islamic finance is based on Islamic law (Shariah), which prohibits the charging of interest (riba), avoids excessive risk and uncertainty (gharar),…

Key takeaways:ETH ETFs have broadened access, but capital flows remain cyclical.SOL’s infrastructure is in place: CME futures launched, with options expected on Oct. 13 (pending approval).The SEC’s new standards enable quicker listings for spot-commodity ETPs beyond BTC and ETH.For SOL to surpass ETH, it must see sustained creations, effective hedging, genuine on-chain usage, and ongoing developer activity.Ether (ETH) currently holds an advantage in the ETF landscape: Spot Ether ETFs launched on July 23, 2024, leading to around $107 million in net inflows on their first day and paving an accessible route for investors via brokers and retirement accounts.Conversely, Solana’s (SOL)…

Sure! Here’s a rewritten version of the content while keeping the HTML tags intact: According to pro-crypto Senator Cynthia Lummis, the United States may start gathering funds for the Strategic Bitcoin Reserve “anytime.” She proposed this initiative last year. Summary Senator Cynthia Lummis asserts that the U.S. can initiate funding for its Strategic Bitcoin Reserve “anytime.” In March 2025, President Donald Trump signed an executive order to establish a Strategic Bitcoin Reserve (SBR). Funding for the U.S. Bitcoin reserve will be sourced from seized assets and budget-neutral methods. After a period of silence, Lummis has revealed that the U.S. government…

Pantera Capital’s general partner, Cosmo Jiang, stated that investors who missed the cryptocurrency surge still have an opportunity to invest, as the majority do not own any digital assets.Bitcoin (BTC) recently surpassed $126,000, achieving a new all-time high, yet Jiang mentioned in a CNBC’s Fast Money episode that a significant number of investors lack exposure to digital assets.“A Bank of America survey from a few weeks ago indicated that over 60% of investors still have 0% exposure to digital assets,” he remarked.“That’s a considerable figure. Hence, the belief that it’s too late to invest in digital assets is incorrect if…

Lib Work, a Japanese real estate technology firm, has completed its inaugural Bitcoin acquisition as part of an extensive digital asset strategy. This initiative demonstrates the company’s ongoing dedication to incorporating cryptocurrency into its long-term financial framework.Sponsored SponsoredLib Work Kicks Off Bitcoin InvestmentLib Work, a Tokyo-listed entity recognized for its technology-focused real estate and NFT-associated housing projects, reported on October 6 that it purchased 29.6431 BTC in September. The total transaction reached $3.3 million (499,998,671 JPY), with an average buy price of $112,140 (16,867,286 JPY) per Bitcoin. Previously, on August 18, the company revealed a strategic plan to acquire and…

Cosmo Jiang, a general partner at Pantera Capital, emphasized that investors who have missed the cryptocurrency surge still have opportunities, as the majority do not own any digital assets.Bitcoin (BTC) recently surpassed $126,000 for the first time, achieving a new all-time high. However, Jiang stated in a recent episode of CNBC’s Fast Money that many investors remain hesitant and lack exposure to digital assets.“A survey from Bank of America a few weeks ago revealed that over 60% of investors still have 0% exposure to digital assets,” he noted.“That’s quite significant. The notion that it’s too late for digital assets is…

Analysts predict that Bitcoin could be valued at half of gold’s worth by its next halving, expected in 2028, estimating the cryptocurrency at $644,000 based on the recent climb in gold prices.“We believe Bitcoin should reach half of gold’s market capitalization after the next halving,” stated Matthew Sigel, head of digital asset research at VanEck, in an X post on Monday.Gold futures reached a historic high of over $4,000 per ounce as traders flocked to the asset, traditionally regarded as a safe haven. Sigel remarked that this record pricing “suggests an equivalent value of $644,000 per [Bitcoin].”While crypto analysts have…

According to analysts, Bitcoin might be valued at half the price of gold by its upcoming halving event projected for 2028, with recent increases in gold prices suggesting a potential price of $644,000 for the cryptocurrency in “equivalent value.”“We’ve been stating that Bitcoin should capture half of gold’s market capitalization after the next halving,” Matthew Sigel, head of digital asset research at VanEck, mentioned in an X post on Monday.Gold futures recently surged to record highs above $4,000 per ounce due to increased demand from traders, who view gold as a safe haven asset. Sigel noted that this peak price…

Standard Chartered, a multinational bank, has predicted that over $1 trillion could flow out of emerging market banks into stablecoins by 2028, driven by increased demand for US dollar-pegged crypto assets.In a report released on Monday, the Global Research department of Standard Chartered stated that it expects a surge in global stablecoin adoption as traditional payment networks and core banking functions transition to the non-bank sector.As stablecoins gain popularity in emerging markets (EM), Standard Chartered observed that users may leverage stablecoins to essentially access US dollar-backed accounts. “The prevalence of stablecoin ownership in EM is greater than in DM, indicating…

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