# Сопутствующие статьи по теме Finance

Michael Saylor’s Bitcoin thesis: Money or commodity?

Michael Saylor, a major Bitcoin proponent and executive chairman of MicroStrategy, views Bitcoin not as money but as a hard asset, similar to crude oil. He believes his company’s role is to "refine" Bitcoin into various financial products, such as stocks and debt instruments, allowing investors to gain exposure. MicroStrategy has aggressively accumulated over 671,000 BTC using corporate finance strategies like convertible notes and perpetual preferred stock. Economist Saifedean Ammous, author of *The Bitcoin Standard*, acknowledges Saylor’s approach but maintains that Bitcoin itself is money. He argues that, despite the proliferation of financial products built on Bitcoin, the foundational asset will inevitably become the dominant monetary standard as global fiat systems continue to incentivize debt and Bitcoin-based capital formation.

cointelegraph12/19 18:37

The Catfish Effect Emerges: Stablecoins Are Forcing the Banking System to Improve Efficiency and Interest Rates

The article "The Catfish Effect: Stablecoins Are Forcing Banks to Improve Efficiency and Interest Rates" challenges the initial fear that stablecoins would trigger massive bank deposit outflows. Instead, research indicates that due to the "stickiness" of deposits—where traditional checking accounts remain central for interoperability with mortgages, credit cards, and salaries—no significant correlation exists between stablecoin growth and bank disintermediation. Rather than being a threat, stablecoins act as a competitive force, compelling banks to offer higher deposit rates and improve operational efficiency. Proper regulation, like the GENIUS Act which mandates full reserve backing with safe assets, addresses risks such as runs and liquidity issues. Ultimately, stablecoins complement the traditional system, promising efficiency gains through atomic settlement and faster cross-border payments, potentially upgrading the dollar's infrastructure and fostering greater financial inclusion.

比推12/19 14:36

Crypto’s second act: Tokenization and regulation pulling traditional finance into Web3

Sponsored content from OKX discusses the convergence of crypto and traditional finance, driven by tokenization and regulation. OKX positions itself as a global exchange and regulated infrastructure partner, using "dual-stack" custody to help institutions integrate with crypto. The article highlights a fundamental shift in trust from intermediaries to verifiable blockchain data. Key trends include the tokenization of real-world assets (RWAs) for improved liquidity and access. Clear regulations in jurisdictions like the UAE and Singapore are seen as enablers, providing certainty for institutional participation. The line between traditional finance and crypto is blurring, with a collaborative future combining the scale of traditional finance with the innovation and speed of crypto.

cointelegraph12/19 09:10

Farewell to 'Super Connector': Hong Kong's 'Global Hub' Ambition, What Is It Competing with Singapore and New York For?

Hong Kong is re-evaluating its role as a "super-connector" between China and global markets, facing intense competition from rivals like Singapore and New York. Despite strong market data—including a 120% surge in average daily turnover and a 709% jump in IPO fundraising in early 2025—a strategic shift is underway. The Hong Kong Financial Development Council’s report advocates transitioning from a passive gateway to an active "global capital hub," emphasizing a new "4Is" framework: Issuers, Investors, Intermediaries, and Instruments. Key challenges include diversifying issuers beyond China, attracting long-term "patient capital," deepening bond and derivatives markets, and accelerating digital infrastructure upgrades like T+1 settlement and tokenization. The report highlights the need for regulatory reforms, such as easing dual-class share rules, to compete for next-gen tech listings. However, Hong Kong must navigate geopolitical tensions, market liquidity issues, and balancing innovation with stability to succeed in this transformation.

marsbit12/19 08:53

The Catfish Effect? Stablecoins Are Truly the Enemy of Bank Deposits

The article challenges the prevailing narrative that stablecoins pose an existential threat to the traditional banking system by causing massive deposit outflows. Instead, it argues that stablecoins act as a competitive catalyst, forcing banks to improve efficiency and offer higher deposit rates, rather than replacing them. Key points include: - Research indicates no significant correlation between stablecoin growth and bank deposit outflows, highlighting the "sticky" nature of deposits due to the convenience of bundled banking services (e.g., mortgages, payroll). - Stablecoins introduce competition, compelling banks to enhance operational efficiency and customer benefits, ultimately expanding financial intermediation and consumer welfare. - Regulatory frameworks like the GENIUS法案 (likely referring to U.S. stablecoin legislation) mitigate risks by mandating full reserves (cash, short-term Treasuries) and enforceable redemption rights, addressing concerns about run and liquidity risks. - Stablecoins offer efficiency gains through atomic settlements, enabling instant, cross-border transactions without intermediary delays, which could modernize outdated financial infrastructure. - The U.S. is urged to lead in stablecoin innovation to preserve the dollar’s global dominance, transforming stablecoins from offshore novelties into transparent, regulated components of domestic financial systems. The conclusion emphasizes that banks should view stablecoins as an opportunity to evolve, similar to other industries disrupted by technology, rather than as a threat.

marsbit12/19 07:49

Chen Maobo and Others Revealed as First Batch of Guests for the 2026 Hong Kong Web3 Carnival!

The 2026 Hong Kong Web3 Carnival, co-organized by Wanxiang Blockchain Lab and HashKey Group, will take place from April 20 to 23, 2026, at the Hong Kong Convention and Exhibition Centre. This annual event aims to bridge traditional and innovative sectors while connecting Eastern and Western global perspectives. Confirmed speakers include prominent figures such as Paul Chan Mo-po, Financial Secretary of the Hong Kong SAR; Xiao Feng, Chairman of Wanxiang Blockchain and HashKey Group; and other industry leaders from Solana Foundation, MatrixPort, and Animoca Brands, among others. The event is supported by strategic partners like the Hong Kong Trade Development Council and sponsors including OKX Web3 and Qtum. The carnival has attracted significant cross-industry interest, with over 500 executives from traditional finance and实体 industries registered by December 2025, highlighting its role in fostering dialogue between Web3 innovation and established sectors. Since its inception in 2023, the Hong Kong Web3 Carnival has grown into one of the world's most influential crypto summits, with past editions drawing over 100,000 attendees, 350 projects, and 1,200 speakers. The 2026 edition will continue to leverage Hong Kong’s unique position to deepen global integration of technology, business models, and regulatory practices, while providing a platform for local developers and projects to gain international exposure.

比推12/19 03:28

2026 Hong Kong Web3 Carnival Unveils First Batch of Guest Lineup

The 2026 Hong Kong Web3 Carnival, co-organized by Wanxiang Blockchain Lab and HashKey Group, will take place from April 20 to 23 at the Hong Kong Convention and Exhibition Centre. This annual event, now in its fourth consecutive year, aims to bridge traditional and innovative sectors while connecting Eastern and Western global perspectives. Prominent confirmed speakers include John Lee, Financial Secretary of the Hong Kong SAR; Xiao Feng, Chairman of Wanxiang Blockchain and HashKey Group; Solana Foundation President Lily Liu; and other key industry leaders. The event is supported by strategic partners such as the Hong Kong Trade Development Council and sponsors including OKX Web3, Qtum, and SlowMist. The carnival has already attracted over 500 high-level executives from traditional finance and real-world asset sectors, indicating strong cross-industry interest. It serves as a critical platform for high-net-worth individuals and core decision-makers to explore Web3 opportunities. Since its inception in 2023, the event has grown into one of the most influential crypto conferences globally, with over 120,000 attendees, 350 projects, and 1,200 speakers across its previous editions. It continues to foster a global ecosystem, leveraging Hong Kong’s unique position to connect Asian markets with international resources, driving integration of technology, business models, and regulatory practices. The 2026 Hong Kong Web3 Carnival aims to not only showcase the future of Web3 but also actively shape it through collaboration and innovation.

深潮12/19 02:28

Federal Reserve Withdraws Crypto Rules, Banks Get More Freedom

bitcoinist12/18 22:01

Jimmy Carr Tells UK To Mine Bitcoin With Wasted Night-Time Power

UK comedian Jimmy Carr proposed that the UK government should mine Bitcoin using excess electricity generated at night by power stations. He suggested this as a way to generate non-tax revenue and utilize underutilized national infrastructure, framing it as part of a broader push for more radical thinking in public finance. Carr argued that certain national assets, like energy resources, should benefit the public directly. While not a detailed policy proposal, his comments position Bitcoin as a state-producible asset that can be held as reserve value. The idea mirrors real-world examples like Bhutan and El Salvador, which use surplus renewable energy for mining.

bitcoinist12/18 16:01

Coinbase Is Redefining the Exchange

Coinbase is redefining the exchange model by launching its most ambitious expansion to date, moving beyond cryptocurrency to build an "all-in-one" financial super app. The strategy is built on six core pillars: commission-free stock trading, prediction markets via a partnership with Kalshi, integration with Solana DEX aggregator Jupiter for seamless access to on-chain tokens, custom stablecoin services for enterprises, simplified derivatives trading, and enhanced support through AI tools and developer platforms. This expansion aims to merge traditional and crypto finance, offering integrated access to stocks, crypto, derivatives, and prediction markets in a single account. By aggregating decentralized liquidity into a user-friendly interface and prioritizing regulatory partnerships, Coinbase is blurring the lines between centralized and decentralized finance. The company’s broader vision includes deepening institutional services and advancing real-world asset tokenization, positioning itself as a comprehensive gateway to the future of finance—all within one app.

marsbit12/18 13:55