On stage at the MESA Forum with @HSBC, @BlackRock, @Mashreq, and @RAKBANK, discussing stablecoins, tokenized deposits, and tokenized MMFs. We started with a competition framing, but landed somewhere else! They aren't rivals, they have 3 distinct jobs: 🟢 Stablecoins: The always-on layer moving value between institutions without existing relationships (why $RLUSD was built not to replace bank money, but to let it travel). 🟢 Tokenized Deposits: Keep bank money inside the existing perimeter, ideal for known counterparties. 🟢 Tokenized MMFs: Treasury yield & collateral, less of a payment vehicle. The real question for the GCC isn't which wins! It's how well they connect. The UAE isn't debating if it’s open for business; it's actively building. Excited to keep leaning in with @Ripple 🇦🇪

On stage and behind the scenes, on-site and online, teamwork at its best. From all sides and multiple angles, capturing the splendor of this landmark event. Let’s look forward to it together!#第七届跨国公司领导人青岛峰会#

Was on stage with OKX CEO @star_okx and former New York Governor @andrewcuomo in Singapore at @token2049. Couple of takeaways from the panel: - Governor Cuomo believes the crypto rules brought forward by the SEC and CFTC to try to compensate for the failure of the Clarity Act are politically very vulnerable. - As Governor Cuomo mentioned in an op-ed recently, Democrats will try to prove their claims that the current administration is corrupt and their actions designed to benefit certain individuals and political donors. Whether those claims are fair or not, they will drive the politics. And the politics will drive the oversight. And the crypto industry may become a victim of this. - Governor Cuomo also reiterated that the legislature has many tools at its disposal: it can limit funding for agency programs, pass legislation overriding agency actions, or use the Congressional Review Act to repeal certain regulations. Congress also has the power to investigate and issue subpoenas that can wreak havoc when coupled with public hearings. - A top priority for the next Congress should be to put politics aside and pass bipartisan legislation authorizing digital asset activities. Whether that will happen remains to be seen. - Separately, the convergence of crypto and tradfi is here and the recent partnership between the @NYSE and @okx is a good example. - Compliance will be a key differentiator moving forward for the Tier 1 crypto players especially as TradFi and digital assets converge. OKX been doing very pioneering work in this space, especially when it comes to AI agents. I will share the recording of the panel in the coming weeks on my YouTube page so make sure to subscribe not to miss it:

An on-stage discussion with senior US military officials was interrupted several times as protesters shouted at Defence Secretary Pete Hegseth. Subjects being protested included the US actions in Iran, the situation in Gaza and how much money is being spent on war. 🔗