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Vika

@vika1213

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566 Followers
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Dubai real estate sales hit $18B in May amid tokenization push Dubai’s property market hit $18.2 billion in sales in May alongside growing tokenization momentum, new regulations and a record $3 billion real estate blockchain deal. Dubai’s real estate market surged in May, posting record sales volumes and transaction values that signal growing investor confidence and potential readiness for property tokenization. According to data shared in a press release with Cointelegraph by real estate platform Property Finder, Dubai’s real estate sector reached a total sales value of 66.8 billion dirhams (about $18.2 billion) across 18,700 transactions in May. The figures indicate a 44% year-on-year surge in transaction value and a 6% rise in sales volume. https://cointelegraph.com/news/dubai-real-estate-sales-tokenization-boom-may-2025
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Circle Soars 168% In First Day Of Trading On NYSE Following Strong IPO Shares of Circle Internet Group, the issuer of the market’s second-largest stablecoin, USDC, experienced a remarkable surge on Thursday, skyrocketing 168% as the company made its debut on the New York Stock Exchange (NYSE). Circle’s IPO Exceeds Expectations Circle’s stock opened at $69, well above its IPO pricing of $31. Throughout the day, the shares reached a peak of $103.75, showcasing strong investor enthusiasm. The IPO was priced late Wednesday, exceeding the anticipated range of $27 to $28, and substantially outpacing an earlier range of $24 to $26. This pricing strategy valued the company at approximately $6.8 billion before trading commenced. https://www.newsbtc.com/news/circle-soars-168-in-first-day-of-trading-on-nyse-following-strong-ipo/
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Deadline Set: Singapore Bans Crypto Service Exports Starting June 30 Local crypto firms in Singapore must stop serving overseas clients with token services by June 30, 2025. The Monetary Authority of Singapore (MAS) made the move clear after listening to feedback on its new rules under the Financial Services and Markets Act of 2022. Any company, individual or partnership registered in Singapore that offers token services abroad needs to pause or shut down those operations unless it grabs a license in time. According to MAS, firms that fall under Section 137 of the FSM Act are treated as operating from Singapore, even if most of their work happens overseas. That means even if token services aren’t your main thing, you still need a license to keep going. No extra time is coming—MAS says they won’t offer any transition period. Acting after June 30, 2025 without proper approval could lead to serious trouble. https://bitcoinist.com/deadline-set-singapore-bans-crypto-service-exports-starting-june-30/
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Why Bitcoin Skepticism Persists Even as Mainstream Adoption Grows: Adam Back Bitcoin has been embraced by BlackRock and the U.S. government, but skeptics remain. Early Bitcoiner Adam Back shares his take on why. Bitcoin—once an arcane tech largely used by people wanting to buy illicit goods on the dark web—has now gained institutional acceptance. With everyone from Wall Street giants like BlackRock to the U.S. government getting involved, the leading cryptocurrency is now more mainstream than ever. You can even buy burgers with it. So it begs the question: Why is it still so hard for some people to understand and accept? With traditional finance heavyweights like investor Warren Buffett and JPMorgan Chase CEO Jamie Dimon slamming the asset, it's appears that some people will never be open to Bitcoin. https://decrypt.co/320512/why-bitcoin-skepticism-persists-adam-back
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Crypto And Gold Attract The Wealthy As They Dump Dollar Assets According to UBS, its high‑net‑worth clients in Asia have started to pull money out of assets tied to the US dollar. Amy Lo, co‑head of wealth management for Asia at UBS, says many feel uneasy about holding too much of their net worth in one currency. Years of steady growth and a deep financial market haven’t been enough to keep them fully invested. New tariffs and trade disputes have shaken their faith. Based on reports from UBS, gold is back in fashion. It’s an old‑school hedge that isn’t tied to any single government or bank. Prices have climbed as clients buy bullion to spread risk. At the same time, cryptocurrencies like Bitcoin and Ethereum are getting a fresh look. https://bitcoinist.com/crypto-and-gold-attract-the-wealthy-as-they-dump-dollar-assets/
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