Posts

Showing posts from July 18, 2025

💰 Why India's Wealthy Are Turning to Bitcoin as the “New Gold”. By ChainFabricNews

Image
Image source: MSN In the world of investing, change is the only constant. And right now, there’s a massive shift happening in India—one that’s quietly turning heads in the country’s financial circles. Bitcoin, once seen as a risky tech experiment, is now being embraced by some of India’s richest individuals and family offices. For many of them, Bitcoin isn’t just a digital currency anymore—it’s becoming the “new gold.” 🚨 What’s Happening? Traditionally, India’s wealthy preferred to park their money in safer assets like gold, real estate, or blue-chip stocks. But that’s starting to change. As returns in traditional markets flatten and inflation eats into savings, many high-net-worth individuals (HNIs) are turning to cryptocurrencies—especially Bitcoin—for better long-term value. In July 2025, Bitcoin surged past $122,000 , setting a new all-time high. This rally wasn't just driven by hype—it was backed by billions of dollars in inflows from institutional investors and the launch of...

China’s Tech Giants Push for Yuan-Based Stablecoins Amid Global Crypto Race. By ChainFabricNews

Image
Image source: CCN.com  In a major twist to China's hardline crypto stance, some of the country's biggest tech players— JD.com and Ant Group —are now pushing for a yuan-pegged stablecoin to be issued offshore. The move is seen as a smart response to the growing dominance of dollar-based cryptocurrencies and a big step toward globalizing China’s digital economy. Why the Sudden Change? For years, China has been known for its strict ban on crypto. But behind the scenes, things are starting to shift. According to a recent report, regulators in Shanghai held a closed-door meeting with nearly 70 officials to discuss the future of stablecoins—digital tokens that are usually tied to fiat currencies like the US dollar or, in this case, the Chinese yuan. The tech giants argue that a stablecoin backed by the Chinese yuan could help reduce dependence on the U.S. dollar, which currently dominates international digital transactions. In fact, over 99% of the global stablecoin market is ...

🇺🇸 America Just Got Serious About Stablecoins — Here's What That Means for You. By ChainFabricNews

Image
Image source: Mudrex In a move that could reshape how we use digital money, former U.S. President Donald Trump signed the GENIUS Act into law on July 18, 2025 . If you’ve ever wondered when crypto would stop feeling like the Wild West and start acting like part of the real economy — well, this might be the moment. The GENIUS Act (short for Guiding and Establishing National Innovation for U.S. Stablecoins ) is the first major law in the U.S. designed to regulate stablecoins — digital currencies like USDC or USDT that are backed by actual assets like dollars or U.S. Treasury bonds. 💡 So, What’s Changing? Until now, stablecoin issuers operated in a grey zone. But under this new law: Every dollar-backed stablecoin must be 100% backed by real, liquid assets like cash or short-term U.S. bonds. Companies must publish monthly audits to prove they actually have the money they say they do. There’s a clear legal framework so both banks and non-bank companies can issue stablecoins — ...