Author: GMF Research; Source: Tantu Macro
[Editor's Note] This is our roadshow material on the topic of stablecoins this week, including four questions:
1. The basic concepts, classifications, stabilization mechanisms and representative varieties of stablecoins
2. The advantages of stablecoins and the implicit macro risks
3. The background, basic content and market implications of the promulgation of the stablecoin bills in the United States and Hong Kong
4. What stablecoins can and cannot do
Netflix has begun testing the tool with select users in Australia and New Zealand, currently limited to iOS devices. The company says it plans to roll out the feature to additional markets soon, including the US.
CatherineNine Chinese nationals were sentenced for running a fake cryptocurrency scam that tricked over 66,000 people in India out of $6 million. They used fake platforms, social media personas, and money laundering through USDT to hide their crimes.
AnaisKorean Music Copyright Association now requires songwriters to declare that no AI was used when creating songs. If any AI is involved, the song won’t be accepted, and false claims can lead to lost royalties or removal.
WeatherlySome in China’s online community claim Binance founder CZ never served jail time and is tied to the US Fed. He has firmly denied the “absurd” rumours, calling them part of a broader smear campaign. What viral conspiracy will surface next?
CatherineMantra CEO John Mullin has denied insider dumping after OM’s collapse and outlined recovery plans, including possible buybacks.
KikyoSouth Korea has blocked 14 crypto apps on the Apple Store, including KuCoin and MEXC, for operating without local registration. The government says unregistered foreign exchanges face criminal penalties and will continue blocking apps and websites to protect users.
JoyStarting 23 April, Google will require crypto ads to comply with MiCA or CASP licensing, enforcing the policy across all 27 EU member states to strengthen oversight and compliance.
CatherineCanada has approved the world’s first spot Solana ETFs, set to launch on 16 April 2025, offering both direct SOL exposure and staking rewards. Four asset managers will issue the ETFs, giving investors a way to earn passive income while tracking Solana’s price.
WeatherlyMeta will begin training its AI models using EU user data this week, after pausing last year due to privacy concerns. Only public content from adult users will be used, with private messages and data from minors excluded.
KikyoBhutan mined Bitcoin using its extra hydropower and sold it to raise money. The country used the funds to double civil servant salaries and slow down people leaving for jobs abroad.
Anais