๐ Coinbase CEO Brian Armstrong stated that the financial system requires eight major upgrades, including RWA tokenization, 24/7 global trading, stablecoin payments, AI-driven financial services, self-custody wallets, and innovation-friendly regulation. He emphasized that the future financial system will be more global, on-chain, and automated. #stablecoin
๐ค Tether plans to launch GELโฎ, a stablecoin backed by the Georgian lari, with support from the Georgian government. GELโฎ aims to reduce transaction costs, enable near-instant settlement, facilitate programmable payments, and enhance digital value transfer. Georgia has developed its digital asset and stablecoin regulatory framework, addressing reserve management, redemption rights, issuer oversight, and AML compliance, while aligning with emerging U.S. stablecoin regulations, including the GENIUS Act. #regulation
๐ค๐ Token consumption by #AI agents is expected to surge 24x to 120 quadrillion tokens per month by 2030, driven by the rise of agentic AI, per .
๐ฅท PeckShieldAlert: WUSD/GLOVE on the Ethereum network has been hacked for approximately $207,000.
๐ฎ๐ฉ๐ฎ Indonesia has blocked the Polymarket website after bets on the president's resignation.
๐ฅท Squid Protocol Hacked in Ethereum and Base Networks for Over $3 Million.
๐ฃ Indonesia Blocks Polymarket Over Online Gambling Concerns
Reuters reported that Indonesia has blocked prediction market platform Polymarket as part of its crackdown on online gambling. Authorities said Polymarketโs betting and speculation activities violate local law, days after the platform drew attention in Indonesia for a market predicting when President Prabowo Subianto would leave office. โ link. #regulation
Reuters reported that Indonesia has blocked prediction market platform Polymarket as part of its crackdown on online gambling. Authorities said Polymarketโs betting and speculation activities violate local law, days after the platform drew attention in Indonesia for a market predicting when President Prabowo Subianto would leave office. โ link. #regulation