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Hong Kong council hints at RMB stablecoin development

The Hong Kong Legislative Council has published a special bulletin that details the latest developments regarding stablecoins in the region, including renminbi-backed stablecoins. Summary Hong Kong’s Legislative Council’s latest report included plans to seek central government support for the issuance of offshore RMB-backed stablecoins. Major Chinese state-owned enterprises such as PetroChina and the Bank of … Read more

British Fashion Council CEO Laura Weir touts resilience as tariffs weigh

CEO of the British Fashion Council Laura Weir. Dave Benett | Dave Benett Collection | Getty Images The British Fashion Council’s newest CEO is bringing her own leadership flair to the role, touting resilience as a top trait to navigate difficult times amid tariffs and economic uncertainty. Laura Weir, a former creative director at Selfridges, … Read more

Tether taps former White House Crypto Council head Bo Hines to lead digital asset strategy in the US

Key Takeaways Bo Hines, who served as a top crypto advisor under President Donald Trump, has joined Tether as Strategic Advisor for Digital Assets and US Strategy. Bo Hines will lead Tether’s US market expansion and engagement with policymakers and industry stakeholders. Share this article Tether, the company behind the largest stablecoin by market capitalization, … Read more

‘I was just dumbfounded’: Trump kicks 15 high school students out of FEMA Youth Preparedness Council

After a few frightening incidents seeing family and friends collapse in Phoenix’s grueling heat, Ashton Dolce, 17, began to wonder why his country’s leaders were not doing more to keep people safe from climate change. “I was just dumbfounded,” Dolce said. He became active in his hometown, organizing rallies and petitions to raise awareness about extreme heat and … Read more

Trump to replace Biden Fed appointee with Stephen Miran, chair of the White House’s Council of Economic Advisers

President Donald Trump said Thursday he will nominate a top economic adviser to the Federal Reserve’s board of governors for four months, temporarily filling a vacancy while continuing his search for a longer-term appointment. Trump said he has named Stephen Miran, the chair of the White House’s Council of Economic Advisers, to fill a seat vacated … Read more

Reform UK targets ‘broken’ system of council funding for special needs

Reform UK is planning to attack the “broken” system of council spending on special educational needs as part of its Elon Musk-inspired cost-cutting initiative, wading into an issue that is already threatening to divide Sir Keir Starmer’s Labour party. Former party chair Zia Yusuf said the amount of spending by councils on children with special … Read more

Donald Trump purges dozens of National Security Council officials

Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world Donald Trump has dramatically shrunk the White House National Security Council by firing a number of officials, placing others on administrative leave and ordering many secondees to return to their home agencies. Several … Read more

New York City to establish crypto advisory council, says Mayor Eric Adams

New York City Mayor Eric Adams has announced plans to form a digital advisory council that would guide the city’s digital asset strategy. Speaking at the New York City Crypto Summit on May 20, Adams said it has the potential to attract investment, create jobs, and cement New York’s position as a global centre for … Read more

Trump-backed World Liberty and Pakistan Crypto Council team up to boost blockchain and DeFi

Key Takeaways World Liberty Financial and Pakistan Crypto Council are partnering to advance blockchain innovation in Pakistan. The collaboration aims to launch regulatory sandboxes and explore asset tokenization and stablecoin applications. Share this article World Liberty Financial (WLFI), the DeFi project endorsed by the Trump family, has entered into a Letter of Intent (LOI) with … Read more

Changpeng Zhao (CZ) Binance Joins Pakistan Crypto Council Amid Pakistan Stock Market Crash

Changpeng Zhao, founder of Binance, joins the Pakistan Crypto Council (PCC) as an advisor amid a Pakistan Stock Market crash. The KSE-100 Index fell by 3,882 points, triggering circuit breakers which saw trading temporarily halted. Will crypto and blockchain drive growth and investment? Changpeng Zhao, the founder of Binance—the world’s largest crypto exchange by client … Read more

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