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Philippine Senator Bam Aquino proposed at the Manila Tech Summit to record the national budget on a blockchain platform in order to enhance transparency and accountability in government spending.
Circle announced a partnership with Mastercard and Finastra to integrate the stablecoin USDC into mainstream financial payment systems, particularly in the East.
Reference sources include content organized from the official ESMA website and relevant reports from the World Federation of Exchanges: Peter_Techub News. With the development of blockchain technology,
AI has made electricity the "first principle variable," and stablecoins simply connect this physical variable directly to the monetary system; whoever can most efficiently organize electricity and computation will be more qualified to define the next generation of monetary interfaces.
South Korea plans to use central bank digital currency (CBDC) to pay more than 110 trillion won (approximately $79.3 billion) in government subsidies.
- 16:32Gold breaks record again, price surpasses inflation-adjusted peak from 45 years agoJinse Finance reported that the price of gold has surpassed its inflation-adjusted peak from more than 45 years ago. As concerns over the outlook of the US economy intensify, gold has continued its strong bull run over the past three years and entered uncharted territory. So far this month, spot gold prices have risen by about 5%, and on Tuesday, it hit a record high of $3,674.27. Since 2025, gold prices have set more than 30 nominal price records, and the latest rally has also broken through the inflation-adjusted high set on January 21, 1980—when gold reached $850 per ounce. Taking into account decades of consumer price increases, this price is equivalent to about $3,590—although there is more than one method for inflation adjustment, and some calculations yield a lower 1980 peak. However, analysts and investors agree that gold has now firmly surpassed this level, further consolidating its status as a time-tested tool for hedging against inflation and currency depreciation.
- 16:32Galaxy purchases $326 million worth of SOL in Multicoin’s DAT ForwardAccording to a report by Jinse Finance, Arkham monitoring shows that Galaxy Digital has just purchased SOL worth $326 million for Multicoin's SOL DAT (Forward Industries). Currently, Galaxy Digital still has $1.3 billion in cash and stablecoins available for purchases (including $354 million in stablecoins and up to $1 billion in cash).
- 16:32IMF: Signs of Pressure Emerge in the US Economy as Demand Slows and Employment CoolsJinse Finance reported that the International Monetary Fund (IMF) stated that after years of resilience, the U.S. economy is now showing some signs of strain, with domestic demand slowing and job growth decelerating. IMF spokesperson Julie Kozack said on Thursday that inflation is moving toward the Federal Reserve's 2% target, but there are still some risks that could push inflation higher, mainly from tariffs imposed on imported goods by the Trump administration. She pointed out that the downward revision of U.S. employment data released earlier this week was "slightly larger than the historical average." IMF staff will assess these data and their revisions together with U.S. officials during the routine review of the U.S. economy in November.