Altcoin Season is Here: Which Coins Will Explode This September?

⁣1⃣ In today’s episode: South Korea and Japan accelerate stablecoin regulation, a Chinese bank opens crypto trading in Hong Kong, a Bitcoin maximalist criticises ETH and XRP tokenisation, the ChatGPT app generates $2 billion for OpenAI, and BTC miner financing collapses.

🌏 South Korea and Japan speed up stablecoin development
Both countries are actively shaping rules for issuing and using stablecoins to strengthen their positions in the global financial system. Seoul is preparing new legislation, while Tokyo plans to launch its first yen-backed stablecoin, JPYC, this autumn.

🏦 Chinese bank launches crypto trading in Hong Kong
CMB International, part of China Merchants Bank, now allows clients to trade Bitcoin, Ethereum, and Tether via its mobile app, in partnership with OKX, while maintaining strict KYC requirements.

💡 Tokenisation won’t change the fate of ETH and XRP
Bitcoin maximalist Pierre Rochard argues that tokenisation of altcoins won’t outperform traditional financial infrastructure, citing platforms like NASDAQ and ICE as more efficient for institutional investors.

📱 ChatGPT app earns $2 billion for OpenAI
Since its launch in May 2023, ChatGPT’s mobile app has generated around $2 billion, with user spending far outpacing competitors such as Claude, Copilot, and Grok.

⚠ BTC miner financing collapses
Overleveraged Bitcoin mining companies are struggling as credit lines dry up, leading to delayed payouts, stalled operations, and consolidation in the mining sector.

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#stablecoin #southkorea #japan #cmb #cryptotrading #eth #xrp #bitcoin #chatgpt #openai #cryptonews #miningcrisis

⏱ Timestamps:
00:00 — Intro
00:17 — Episode overview
00:47 — South Korea and Japan speed up stablecoin development
02:28 — Chinese bank launches crypto trading in Hong Kong
04:01 — Tokenisation won’t change the fate of ETH and XRP
05:26 — Ad break: MinerLink
06:20 — ChatGPT app earns $2 billion for OpenAI
07:30 — Altseason begins
09:35 — Ad break: CashBanx
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