Stablecoin

  • Ant Group Denies Claims of Rare Earth Yuan Stablecoin Project with PBOC and China Rare Earth Group Markets

    Ant Group Denies Claims of Rare Earth Yuan Stablecoin Project with PBOC and China Rare Earth Group

    Ant Group has publicly denied rumors of a joint venture with the People’s Bank of China and China Rare Earth Group to launch a rare earth-backed RMB stablecoin. This follows a previous denial from AntChain regarding collaboration on Real World Assets with Hainan HuaTie. Ant Group cautions the public against investment scams and misinformation related to digital assets, particularly those falsely implying association with Ant Group or AntChain. The company reserves the right to pursue legal action against unauthorized brand use.

    2025年8月10日
  • Above Food Ingredients Inc. Updates on Palm Global Merger and Appoints Auditor with Tokenized-Asset and Cryptocurrency Expertise Markets

    Above Food Ingredients Inc. Updates on Palm Global Merger and Appoints Auditor with Tokenized-Asset and Cryptocurrency Expertise

    Above Food Ingredients (ABVE) is merging with Palm Global Technologies, with ~90% shareholder support. ABVE appointed CBIZ CPA to regain Nasdaq compliance. Palm Global partners with Promax United to tokenize $1.5T in sovereign assets and launch a gold-backed stablecoin ($350B US gold). Fifteen African nations may adopt the stablecoin as official currency, adding over $100B in assets to Palm Global’s balance sheet. ABVE faces Nasdaq delinquency but anticipates audit completion within 4-6 weeks.

    2025年8月1日