Asia Speeds Up Stablecoin Plans After U.S. Genius Act Sparks Global Race
Japan, Korea, and China are fast-tracking stablecoin frameworks after the U.S. legalized dollar-backed tokens. Stablecoin market projected to hit $3.7T by 2030.
Japan’s Financial Services Agency will create a new bureau in 2026 overseeing insurance, asset management, and crypto. The move aims to restore trust after scandals and position Tokyo as a digital finance hub.
TON Foundation elevates Max Crown to President and CEO as Manuel Stotz shifts focus to TON Strategy Co. With $1B Telegram users, $558M raised, and $400M institutional inflows, TON gears up for global expansion.
Norges Bank Investment Management (NBIM), the world’s largest sovereign wealth fund, increased its Bitcoin exposure to 11,400 BTC in Q2 2025 — an 83% jump through MicroStrategy and Metaplanet shares.
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