Litecoin (LTC), Ethereum (ETH), and Tron (TRX) are each gaining momentum in their own lanes from payments to smart [.] The post Litecoin’s Momentum and 3 Altcoins Leading the Charge: Is AlphaPepe Next? appeared first on Coindoo.
TLDRs; Paramount Skydance (PSKY) stock rose 1. 3% after unveiling a $2 billion cost-reduction strategy. The restructuring includes 2, 000 job cuts in the U. S. and additional international layoffs. Over half of the cost savings will be realized in the first year, totaling 7% of the combined cost base. Investors view the plan as a sign of [.] The post Paramount Skydance (PSKY) Stock: Rises as $2B Cost-Cutting Plan Sparks Investor Optimism appeared first on CoinCentral.
The post Japan’s Three Largest Banks Launch Joint Yen Stablecoin com. Japan’s banking giants are making a bold move into digital currency. Mitsubishi UFJ Financial Group (MUFG), Sumitomo Mitsui Financial Group (SMBC), and Mizuho Financial Group announced they will jointly issue a stablecoin pegged to the Japanese yen and US dollar. The consortium expects to roll out the digital currency by the end of this fiscal year. The three banks collectively serve more than 300, 000 corporate clients across Japan. By creating a standardized digital token, they aim to cut transaction costs and speed up payments between companies. Mitsubishi Corporation will be the first company to use the stablecoin for settling payments across its 240+ global subsidiaries. Building on Progmat’s Infrastructure The stablecoin will run on MUFG’s Progmat platform, a blockchain system designed specifically for regulated financial institutions. MUFG announced Progmat Coin in June 2023, creating infrastructure that lets banks issue digital tokens on multiple public blockchains including Ethereum, Polygon, Avalanche, and Cosmos. Unlike typical cryptocurrency platforms, Progmat emphasizes bank custody, regulatory compliance, and standardization. This means different banks can issue tokens that work together seamlessly for corporate payments. The platform meets strict requirements from Japan’s Financial Services Agency, which oversees all stablecoin issuance in the country. The technical setup allows tokens issued by different banks to be standardized and used for payments within companies and between separate businesses. MUFG plans to expand support to additional blockchain networks beyond the current four. Project Pax: Connecting Traditional Banking with Blockchain In September 2024, the same three banks backed Project Pax, a related initiative focused on cross-border payments. This project uses SWIFT’s existing messaging system to let banks instruct the Progmat platform to settle transactions on blockchain networks. Project Pax addresses major pain points in international business payments. The $182 trillion global cross-border payments market faces persistent challenges with speed, cost, and accessibility. By.
The Consulting Report is pleased to announce The Top 25 Private Equity Consultants and Leaders of 2025. NEW YORK, Oct. 17, 2025 /PRNewswire-PRWeb The Consulting Report is pleased to announce The Top 25 Private Equity Consultants and Leaders of 2025. Private equity has become one of.
The post Wealth Managers Must Adapt To The Greatest Capital Transfer In History appeared com. Opinion by: Anthony Agoshkov, co-founder of Marvel Capital The world is witnessing the largest wealth handoff in modern history. Over the next 20 years, Millennials and Gen Z will inherit around $83 trillion, and some bullish forecasts suggest as much as $4 trillion of that could be tokenized onchain by 2030. The bigger story isn’t the size of the transfer; it’s how that capital will be steered. While family offices lean on real estate, trade and energy, a new generation is already asking for something else. They’re chasing tokenized portfolios, digital-asset exposure and a seat at financial centers built for a digital-first era. Wealth managers face a clear test: expand their playbook to include tokenization, or watch the next wave of capital find partners who do. Tokenization is the bridge for wealth transition At the heart of this adaptation is tokenization, a mechanism allowing traditional assets to flow into digital markets without losing their familiar shape. Yield-bearing assets can be digitized, issued onchain and managed under familiar reporting rules. This changes the speed of capital what once moved in years can now move in days. This is the timeline the next generation expects. For heirs, it makes crypto less like a gamble and more like an upgrade digital liquidity anchored in wealth their families already trust. This trend is already visible on the ground, with the Gulf becoming a live lab. The Dubai International Financial Centre now oversees around $1. 2 trillion in family-office assets, a number still climbing as families test how far crypto-friendly frameworks can carry their wealth. Beneath the hype, the real story is that custody is being wired, tokenized funds are being launched, and diversification is moving onto digital rails. Once that plumbing is in place, capital rarely goes back. Meanwhile, Saudi Arabia and the.
WASHINGTON (AP) President Donald Trump is showing little urgency to broker a compromise that would end the government shutdown, even as Democrats insist no breakthrough is possible without his direct involvement. Three weeks in, Congress is at a standstill. The House hasn’t been in session for a month, and senators left Washington on Thursday [.].
The city recently hosted another big dignitary the British Prime Minister and it once again went into overdrive to ensure the cover-up job was in order. Our sutradhaars discuss issues that plagued the city, from eyesores to neglect of its historic landmarks.
OTTAWA Interim NDP Leader Don Davies says his party wants to see the coming budget offer more investment in health care, affordable non-market housing and projects that create unionized jobs.
Defence Minister Rajnath Singh will be visiting Australia from October 7-10. This will be the first visit by an Indian Defence Minister in nearly 12 years.
Ukrainian emergency crews were battling to restore power to northern parts of the country as Russian forces continued to attack crucial infrastructure with drone and rocket attacks, while Ukraine’s strategic Pokrovsk region remained under pressure.
