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Alibaba to Use JPMorgan’s Blockchain for Tokenized Dollar and Euro Payments: CNBC

The post Alibaba to Use JPMorgan’s Blockchain for Tokenized Dollar and Euro Payments: CNBC appeared com. Alibaba’s global business-to-business platform is moving to streamline cross-border payments by using tokenized versions of major currencies, part of a broader shift toward blockchain-based settlement in global commerce. Kuo Zhang, president of Alibaba. com, told CNBC that the platform plans to begin using tokenized deposits backed by fiat currencies such as the U. S. dollar and euro. The technology, which it will build in partnership with JPMorgan, is designed to speed up transactions and reduce the number of intermediaries needed for international payments. In today’s cross-border trade, a U. S. buyer sending dollars to a Chinese supplier may see funds routed through several banks and undergo multiple currency conversions, adding both time and cost. With tokenized currency, a digital version of that dollar could be transferred directly over a blockchain-based system, bypassing the intermediaries. Alibaba. com will use JPMorgan’s blockchain-based JPMD infrastructure, a system designed to move tokenized deposits between institutional clients. Unlike stablecoins, which are typically issued by non-banks and backed by assets like treasuries, tokenized deposits sit on a regulated bank’s balance sheet. Zhang said the company is also exploring the possibility of adopting stablecoins in the future, but will first focus on bank-issued digital tokens to ensure regulatory and operational clarity. Source:.

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Is Bitcoin Falling Because Of Strategy Sell-Offs? On-Chain Data Fuels Debate

The post Is Bitcoin Falling Because Of Strategy Sell-Offs? On-Chacom. Bitcoin’s latest downturn has caused considerable speculation about whether Strategy’s (formerly known as MicroStrategy) massive holdings are playing a role in the market’s weakness. The concerns escalated sharply when wallet-monitoring platforms flagged large Bitcoin transfers linked to the company, sparking widespread claims that a major sell-off had begun. The conversation gained even more traction when a widely circulated report alleged that Strategy had slashed its Bitcoin holdings by tens of thousands of tokens. Michael Saylor moved quickly to address the rumor, but the back-and-forth between on-chain interpretations and official statements raises questions of what is really happening behind the scenes. How Wallet Movements Turned Into Full-Blown Sell-Off Rumors The controversy started when Walter Bloomberg shared a post citing Arkham Intelligence and claiming Strategy had reduced its Bitcoin stash from 484, 000 BTC to roughly 437, 000 BTC. The alleged drop of about 47, 000 BTC immediately led to questions as to whether the company had quietly begun liquidating. Saylor responded directly beneath the post, stating, “There is no truth to this rumor,” dismissing the claim outright. There is no truth to this rumor. Michael Saylor (@saylor) November 14, 2025 As the situation spread across social platforms, Arkham Intelligence later clarified what actually happened. In a post on X, the firm explained that Strategy had moved 43, 415 BTC since midnight UTC, worth over $4. 2 billion, but also noted that the activity consisted of routine custodian rotations. According to Arkham, the transfers were due to movement from Coinbase Custody to a new custodian, along with internal rebalancing and wallet refresh processes. None of the movements indicated sales and that Strategy frequently performs these custodial transitions. Anyone tracking these wallet clusters over the past two weeks would have seen similar flows, eventually followed by relabeling once new addresses were established. Saylor’s Public Reassurance And Continued.

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US allows buyers to negotiate for Lukoil’s overseas assets until December 13 despite sanctions starting November 21

The post US allows buyers to negotiate for Lukoil’s overseas assets until December 13 despite sanctions starting November 21 appeared com. The United States Treasury just gave buyers a way in. On Friday, it issued a special license that lets companies start negotiating with Lukoil over its foreign assets. The catch? They’ve got until December 13 to close in, while sanctions slapped by President Donald Trump kick in on November 21 against the Russian oil giant. This move is Washington’s way of letting buyers make a deal without crashing global energy supply chains. This isn’t a free-for-all, though. Washington still wants to choke Russia’s oil revenue, especially from its second-biggest player. But it also knows that cutting Lukoil off completely would mess with gas stations, refineries, and pipelines all over the place. So now it’s letting talks happen, for now. Gunvor blocked, Carlyle steps in, Treasury sets harsh terms Last week, the Treasury Department straight-up blocked a deal. It shot down a plan by Swiss firm Gunvor to buy Lukoil’s global business, calling the company a “Kremlin puppet.” With that door slammed shut, a new name appeared: Carlyle. The US private equity group is reportedly eyeing Lukoil’s assets next, but hasn’t even started its homework. No due diligence yet on any of Lukoil’s oilfields, refineries, or its network of gas stations. That said, even if Carlyle, or anyone else, wants in, it won’t be easy. The Treasury will block any deal unless it fully separates Lukoil from its international operations. On top of that, the money from the deal would have to go into a blocked account. The Russian company can’t touch it unless, and only if, the sanctions get lifted. No exceptions. Lukoil, for its part, already saw the writing on the wall. Just a few days after Trump went after both it and Rosneft, the biggest oil producer in Russia, Lukoil announced it would start selling its international portfolio.