Cluj-based Winners Holding Investments, indirectly controlled by Horia Ciorcila, and Finas Group, renewable energy project development investors, have signed a Memorandum of Understanding with Chinese company Sieyuan Electric Co, a supplier of electric equipment and energy solutions, for long-term cooperation in Romania energy storage projects.
Ray Dalio argues Bitcoin cannot replace gold as a store of value, citing central bank demand, market maturity and Bitcoin’s risk-asset behavior. Ray Dalio argues that Bitcoin cannot replace gold as the world’s primary store of value because gold has thousands of years of history as money and remains deeply embedded in the global financial system. Gold’s role in central bank reserves gives it institutional legitimacy that Bitcoin currently lacks, making governments more likely to rely on gold during periods of economic uncertainty. Dalio believes Bitcoin behaves more like a risk asset, often moving alongside technology stocks and other speculative investments rather than acting as a traditional safe-haven during market turmoil. Read more
Stablecoins move trillions each year but mostly sit unused, leaving a widespread inefficiency across crypto markets. Opinion by: Artemiy Parshakov, vice-president of Institutions at P2P.org Stablecoins sit at the center of the digital asset economy, functioning as the de facto cash layer for onchain markets. With over $300 billion now held in stablecoins, they often exceed the transaction volumes of many traditional payment networks. Yet most of this capital is static. Read more
The National Tax Service has opened a procurement bid for a platform to analyze crypto trading data and flag potential tax evasion. South Korea’s tax authority is preparing to deploy artificial intelligence to track cryptocurrency investment gains as the government moves closer to implementing a long-delayed tax on digital assets. According to a report by The Korea Times on Thursday, South Korea’s tax authority has opened a bid to build an AI-backed system to analyze cryptocurrency transaction data, as the government prepares for its planned 2027 tax on digital asset gains. The project, valued at about 3 billion Korean won (around $2 million), will establish an integrated platform capable of processing large volumes of crypto trading data. The Korea Times reported that the NTS plans to use AI and machine learning to identify unusual transaction types and patterns and detect possible tax evasion. Read more