Bhutan is migrating its autonomous sovereign identity system from Polygon to Ethereum, a move that will enable its nearly 800,000 residents to verify their identities and access government services. Aya Miyaguchi, chair of the Ethereum Foundation, revealed that the integration with Ethereum has been successfully completed, and the migration of all resident identity credentials is expected to be completed in Quarter 1, 2026. Miyaguchi and Ethereum co-founder Vitalik Buterin attended the launch ce...
The spread between US debt and global non-US sovereigns has narrowed sharply by 80 basis points since the start of the year, as optimism about the Federal Reserve's interest rate cut outweighed concerns about fiscal deficits. But when currency fluctuations are factored in, the situation is quite different. Click to view...
The downgrade of France's sovereign rating has exposed the cancer of global debt. At the current peak of currency crises in history, as long as a domino falls, panic will spread. Where should ordinary investors' money go? Click to view...
France's sovereign credit rating was downgraded as expected, but Europe and the United States continued to maintain strength despite the event. Analysts pointed out that light positions can be considered now because...
In the next 36 hours, the US will send three Aegis destroyers and thousands of troops to the coast of Venezuela, while Maduro has vowed to mobilize more than 4.50 million militia to defend sovereignty with "rifles and missiles". Click to view...
On the eve of the US-Russia summit, Ukrainian President Zelensky drew a red line: refusing to exchange territory for peace and resolutely defending the sovereignty of Donbass. Ukraine disclosed that Russia is transferring troops 30,000 preparing for a new offensive in August, and called on the West to speed up military assistance. Click to view...
On June 22nd, Iran's Foreign Minister said that this morning's events are shocking and will have permanent consequences. The US attack on Iran's peaceful nuclear facilities is a serious violation of the UN Charter, international law and the Nuclear Non-Proliferation Treaty. Every country in the UN should pay attention to the dangerous behavior of the US. Iran reserves all options to defend its sovereignty.
Michael Grimes, a technology investment banker who left Morgan Stanley last month for a senior role at the Commerce Department, is expected to lead the US sovereign wealth fund announced by Mr. Trump, according to two people familiar with the matter. The fund is backed by tariffs imposed on foreign countries and discussions are at an early stage, with plans subject to change. Mr. Trump has previously said the proposed new fund could be funded by "tariffs and other measures..."
The Trump administration recently proposed the creation of a US sovereign wealth fund (SWF) by 2026, and hinted that TikTok could be a potential investment target for the fund. The proposal has attracted widespread attention against a backdrop of challenging US economies and high fiscal deficits. While the idea may seem appealing, analysts warn that without clear planning and governance mechanisms, the fund could do more harm than good to markets and the economy.
According to the 13F filing filed by Abu Dhabi's sovereign wealth fund, it increased its holdings in Quarter 1 by $436 million Bitcoin ETF.