[Bitpush Daily News Selection] 21Shares Dogecoin ETF has been listed on DTCC with the trading code TDOG; Deutsche Bank report: By 2030, bitcoin and gold are expected to jointly become central bank reserve assets; Sources: Nvidia plans to invest in OpenAI in stages, without obtaining control.
Bitpush editors' daily selection of Web3 news:
[21Shares Dogecoin ETF Listed on DTCC, Trading Code TDOG]
According to Bitpush, market sources report that DTCC (Depository Trust & Clearing Corporation) has listed the 21Shares Dogecoin ETF, with the trading code TDOG.
Although this move does not indicate any regulatory approval or any explicit outcome of an approval process, listing on the DTCC website is a standard procedure for launching a new ETF.
[Deutsche Bank Report: By 2030, Bitcoin and Gold Expected to Become Central Bank Reserve Assets Together]
According to Bitpush, a recent research report by Deutsche Bank points out that Bitcoin's development path is highly similar to gold's historical trajectory. As regulatory uncertainty diminishes and institutional adoption accelerates, its volatility is expected to gradually decrease. The report notes that when Bitcoin's price hit a new high this August, its 30-day volatility dropped to a historic low, indicating a possible "decoupling" trend between price and volatility.
Deutsche Bank believes that by 2030, Bitcoin and gold are expected to jointly become central bank reserve assets, with emerging markets potentially benefiting more from Bitcoin's anti-inflation characteristics. In addition, the bank is exploring digital asset businesses such as stablecoins and tokenized deposits.
[Sources: Nvidia Plans to Make Equity Investment in OpenAI in Stages, Without Gaining Control]
According to Bitpush, sources reveal that Nvidia (NVDA.O) is making a phased equity investment in OpenAI. Under the staged investment plan, Nvidia will invest 10% when the first gigawatt-level computing power is deployed. Nvidia's equity investment in OpenAI does not grant it control; OpenAI's nonprofit parent company will retain majority governance control.
[UK and US Establish Special Task Force to Explore Digital Asset Regulatory Cooperation]
According to Bitpush and the Financial Times, to promote the development of the UK's financial services industry, the UK and the US have established a "Future Markets Special Task Force" to explore cooperation in capital markets and digital asset regulation.
UK Chancellor Rachel Reeves and US Treasury Secretary Scott Bessent agreed to set up this official group after holding talks. The talks took place ahead of US President Trump's state visit to the UK. When the special task force was announced on Monday, no details were given about which areas of capital markets and digital assets it would focus on, or the possible forms of cooperation. The UK Treasury stated that the "Transatlantic Future Markets Special Task Force" will study short- and medium-term cooperation plans for digital assets as legislative and regulatory systems are gradually improved.
The UK Treasury also stated that the group will focus on "reducing the burden of cross-border financing for UK and US companies." The special task force will be co-chaired by officials from both the UK and US Treasuries and will submit a recommendation report within 180 days. Members will include regulatory agencies responsible for capital markets and digital asset regulation on both sides of the Atlantic.
[US Treasury Secretary Bessent: Will Interview Two More Federal Reserve Candidates Later This Week]
According to Bitpush, US Treasury Secretary Bessent stated that he will interview two more Federal Reserve candidates later this week, and by the end of next weekend will have interviewed 10 out of 11 candidates. When asked if he is a candidate for Federal Reserve Chair, he said that US President Trump likes his work at the Treasury, "I like my current position."
[PayPal Invests in Stablecoin Layer-1 Blockchain Stable, Expanding PYUSD Distribution and Applications]
According to Bitpush, Stable, a layer-1 blockchain network focused on stablecoins, announced that PayPal Ventures has made a strategic investment in its latest funding round. Users will be able to use PayPal USD (PYUSD) for commercial and financial transactions on Stablechain.
Stable will bridge PYUSD to its blockchain network through integration with LayerZero, leveraging Stable's ultra-fast network processing speed and reduced fee structure to provide near-instant finality and an economic model favorable for commercial transactions. Both parties will also explore providing cross-chain compatibility and deposit/withdrawal functions for PYUSD, unlocking new use cases for stablecoins across different blockchain ecosystems.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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