Huaxia Bank Leads Bookkeeping for Issuance of "Blockchain + Digital Renminbi" Bond

December 3rd (Reuters) — Zach Witkoff, co-founder of crypto startup World Liberty Financial (backed by the Trump family), announced Wednesday at an event in Dubai that the company will launch its RWA product series in early Q1 2024 (January). Previously, Abu Dhabi-backed firm MGX used WLF’s stablecoin USD1 to fund its investment in Binance this year.

Scam Sniffer has released its **November 2025 Phishing Attack Report** (per a December 3rd update). ### Key November Metrics - Total losses: $7.77 million - Number of victims: 6,344 ### Month-over-Month (vs. October) Shifts - Losses: +137% increase - Victim count: -42% decrease ### Notable Trends - Total losses surged even as victim numbers fell. Whale hunting attacks intensified, with the largest single loss hitting $1.22 million (via a permit signature attack). - Though attack volume dropped, losses per victim rose sharply.

**December 3rd:** During a cabinet meeting, Trump strongly hinted former White House economic advisor Kevin Hassett could be the next Federal Reserve (Fed) chair. Markets are betting the pace of monetary easing may accelerate when the new chair takes the lead next June. U.S. tech stocks rose in tandem with Bitcoin, which briefly topped $91,000. BiyaPay analysts noted: - If easing expectations continue to firm, a peak in interest rates paired with improved liquidity would benefit tech and crypto assets. - However, volatility could rise if future jobs and inflation data miss expectations. **Recommendation:** Diversify allocations across U.S. tech stocks, crypto assets, and money market funds via BiyaPay’s multi-asset account. Control leverage and build positions gradually. ### Key adjustments for American English norms: 1. Used **Fed** (common abbreviation for Federal Reserve) instead of full phrase repeatedly. 2. Replaced *surpassed* with **topped** (more natural for pri

**CoinDesk: Taiwan Region of China May Launch First Local Stablecoin in H2 2026** (Dec 3) — The Taiwan region of China could roll out its first locally issued stablecoin as early as the second half of 2026, though regulators have not yet decided whether the token will peg to the New Taiwan Dollar (NTD) or U.S. Dollar (USD)—a choice that will shape the project’s impact on the region’s currency controls, CoinDesk reported on December 3. Thomas Huang, chairman of the Taiwan region’s Financial Supervisory Commission (FSC), told legislators this week that a draft of the **Virtual Asset Service Act** has cleared initial cabinet review and is expected to pass in the next legislative session. The act will include specific stablecoin regulations within six months of enactment, with the token potentially launching as early as late 2026, Huang added. While the legislation does not restrict stablecoin issuers to banks, the FSC and the region’s Central Bank have agreed that initial issuance

On December 3, Reuters reported that Michael Saylor stated Strategy is in talks with MSCI about a potential removal from its indices. The index provider will announce its decision on January 15. A JPMorgan report last month noted that if other index providers follow suit with removals, it could trigger massive outflows of up to $8.8 billion. Strategy currently holds positions in the MSCI USA and MSCI World indices, with a portion of its market value linked to benchmarks via passive tools like ETFs. JPMorgan added in the report that a removal would raise market concerns about the company’s costs and its ability to secure future equity and debt financing. When asked about communications with MSCI, Saylor said, “We’re engaged in this process,” and noted he’s “unsure” if JPMorgan’s outflow figure is accurate. Saylor also addressed Bitcoin’s recent price drop. The crypto peaked above $120,000 in October this year, driven by former U.S. President Trump’s friendly stance and favorabl