Key Takeaways Iran’s rial hit a record 2.02 million per dollar on Aug. 24, amid new U.S. sanctions. The IRGC reportedly controls 65% of Iran’s bitcoin mining capacity via state-linked farms. Trump’s new sanctions name digital assets as a target for the first time, per Treasury. A Record-Low Rial and a New Sanctions Wave Iran’s…
Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. AI becomes the decision layer of the digital economy. Settlement, ownership, and provenance still have to run on something. Paul Soliman is the Founder and CEO/CTO of Hacktiv Colab Inc. and Chairman and Group CEO of BayaniChain,…
Key Takeaways USDC and USDT card top-ups hit $13.8B by August 2026, pushing stablecoins into daily spending. Base led tracked spending at $1.2B, showing crypto card growth is spreading across multiple chains. Visa and Mastercard still power most cards; subsidy-free growth is next. Stablecoin Cards Move Beyond Trading as Consumer Spending Rises Stablecoins are starting…
Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. Traditional financial institutions often operate under a dangerous assumption: if they do not offer crypto trading or digital asset custody, they are immune to digital asset risk. Former regulator and current TRM Labs APAC Compliance…
Key Takeaways Varso Gas sold a $1.53M Powerball ticket whose 180-day claim window ended Aug. 20. California schools could receive $1.53M, adding to $1.1B in unclaimed prizes since 1985. Varso Gas gets a 0.5% bonus, about $7,500, whether the Powerball prize is claimed or not. The 180-day clock ran out on 8/20 for a $1,532,761…
Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. Philippine regulatory authorities are evaluating proposals to ban or geo-block Facebook nationwide, citing severe child safety risks, rampant misinformation, and Meta’s delayed response during violent crisis events. The move follows a high-profile campus shooting in…
Key Takeaways Nebraska certified two online sports wagering measures for the Nov. 3 ballot on Aug. 21. Fanduel and Draftkings put about $3.5M each into the petition campaign, filings show. The measures would send 70% of gambling tax revenue to property tax credits. A Vote on a Market That Already Has Customers Secretary of State…
Key Takeaways Unnamed sources claim a ceasefire between the U.S. and Iran is in the works and will be announced any day now. The conflict between both countries, and Israel, started 178 days ago causing economic havoc worldwide. Bitcoin’s price is rangebound while precious metals like gold and silver logged modest advances. U.S.-Iran Military Conflict…
Key Takeaways Thailand’s SEC is seeking comments from the public concerning legitimate spot crypto exchange-traded funds (ETFs). Bitcoin (BTC) and ethereum (ETH) funds will start the initial process, with altcoins to follow if funds meet criteria. The latest SEC press release from Thailand is more directed at retail investors than high-net-worth and institutional ones. Thailand’s…
Key Takeaways Metaplanet moved 1,000 BTC ($79.77 million) into Coinbase Prime. The transfer follows Metaplanet crossing 43,000 BTC in total holdings just days earlier. Metaplanet’s average cost basis sits near $96,000 per coin, above bitcoin’s price for much of this year. A Milestone Stack, Built Fast Japanese bitcoin treasury giant Metaplanet once again moved 1,000…
