issues
Fiscal Reckoning: Treasury Secretary Scott Bessent Issues Stark Warning on US Debt Trajectory
In a sobering testimony before the House Committee on Appropriations, U.S. Treasury Secretary Scott Bessent has issued a clarion call regarding the state of the nation’s balance sheet. Describing the current fiscal path as "scary," the former hedge fund manager and partner at Soros Fund Management emphasized that the United States is rapidly approaching a […]
Hong Kong’s Regulatory Shift: HKMA Issues New Directives for Digital Asset Custody and Tokenized Products
In a significant move that underscores its ambition to become a global hub for virtual assets, the Hong Kong Monetary Authority (HKMA) has released a comprehensive new set of guidelines governing the provision of custodial services for digital assets and the distribution of tokenized products by authorized institutions (AIs). This regulatory development represents a pivotal […]
