Bitcoin Reserves Held By US Could Swell To $36 Billion As DOJ Files Largest Ever Forfeiture Linked To Cambodian 'Pig Butchering' Scams

PANews reported on October 22nd that Hong Kong Financial Secretary Paul Chan Mo-po stated at the APEC Finance Ministers' Meeting on October 21st that blockchain technology and artificial intelligence are driving the rapid development of digital financial services, which not only improves efficiency and reduces costs, but also helps promote inclusive finance. Financial innovation should serve the real economy, and through public-private partnerships, more inclusive financial services can be promoted. In addition to fulfilling their supervisory responsibilities, regulators should also encourage innovation and promote market development. Against the backdrop of the increasingly widespread application of digital assets and artificial intelligence in financial services, economies should pay attention to whether such innovations are responsible and sustainable, including taking into account investor interests and financial stability. Chan Mo-po stated that Hong Kong actively participates in cross-border cooperation and policy dialogue on digital finance and is willing to deepen cooperation with partners in the region in related areas.

PANews reported on October 22nd that according to Lookonchain, Tether issued an additional $1 billion in USDT six hours ago. Since the market crash on October 11th of this month, Tether and Circle, two stablecoin issuers, have cumulatively issued approximately $7 billion in stablecoins.

PANews reported on October 22nd that Keycard announced the early access launch of its identity and access management (IAM) platform for AI agents and the completion of a $38 million Series A funding round. The round was led by Andreessen Horowitz, Acrew Capital, and Boldstart Ventures, with participation from Mantis VC, Tapestry Ventures, Essence Ventures, Exceptional Capital, Modern Technical Fund, Vermillion Cliffs Ventures, and several angel investors. Keycard claims to replace traditional long-term credentials with federatable, revocable "short-term identity binding tokens," supporting delegation chains and task-level policy enforcement across applications and multiple agents, and providing full-link audit logs for traceability.