South Korea’s stablecoin framework is facing renewed scrutiny as the country’s central bank urges lawmakers to keep control of won-pegged digital tokens within the traditional banking system. In a report submitted to the Bank of Korea’s parliamentary oversight body, the central bank raised concerns about privately issued stablecoins. It warned that such tokens could weaken
Finland’s IQM is positioning itself at the centre of Europe’s quantum technology ambitions as it prepares to enter public markets in the US. According to a CNBC report, the company said on Monday it plans to merge with Real Asset Acquisition Corp, a special purpose acquisition company, in a deal that would value IQM at
Blue Owl stock price has crashed in the past few months, turning one of the most blue-chip financial giants into a fallen angel. It dropped to a low of $10.50 on Friday, down sharply from the all-time high of $25.20. This retreat has brought its market capitalization to $15.4 billion from a record high of
Fridays used to be reserved for routine headlines. But since Donald Trump’s reelection, every Friday seems like a bombshell day. And last Friday delivered a constitutional jolt to global trade. In a 6–3 ruling, the US Supreme Court struck down President Donald Trump’s use of emergency powers to impose sweeping tariffs, removing the executive “on-off
Merck said on Monday that it will split its human-health operations into two separate divisions, a move designed to sharpen focus across its portfolio and ensure smoother launches of new medicines. The move comes as the drugmaker seeks to prepare for mounting sales pressure later this decade, driven by the looming loss of exclusivity for
Royal Bank of Canada stock has been in an unstoppable bull run in the past few years and is now hovering at its all-time high. It has soared by 160% in the last five years, beating JPMorgan, which has jumped by over 133% in the same period. So, will the rally accelerate as the company
Millions of people on GLP-1 weight-loss drugs know the weekly routine by heart: a new injector pen, a new box, another reminder to refill, and one more item for the sharps bin. Eli Lilly is trying to make that routine feel less like a chore. The company says it has launched a new Zepbound KwikPen
Bitcoin fell to $65,800 on Wednesday, slipping below short-term trend lines and keeping a retest of $60,000 in play as liquidity thins beneath current levels, according to Cointelegraph’s analysis of market data. Although at the time of writing, it has recovered to $67,326. Traders say repeated failures near $70,000–$72,000 have weakened momentum, and a quick
Thailand has formally integrated cryptocurrencies into its financial markets after the Cabinet approved amendments expanding the scope of assets permitted under the country’s Derivatives Act. The decision allows digital assets to be used as underlying instruments for regulated futures and options contracts, bringing cryptocurrencies such as Bitcoin into Thailand’s mainstream capital markets framework, according to
As Bitcoin’s price slump continues to rattle equity-linked crypto firms, Strategy Inc. (previously known as Microstrategy) is pivoting its capital-raising playbook to preferred stock issuance in a bid to secure fresh funding for its Bitcoin accumulation strategy. Chief Executive Phong Le said the company would increasingly rely on perpetual preferred shares to fund purchases of