Odaily Planet Daily reports that Bullish Aim, the telecommunications company owned by the Crown Prince of Malaysia, announced the launch of RMJDT on Tuesday. This stablecoin is pegged to the Malaysian Ringgit and targets the cross-border payments market in the Asia-Pacific region. RMJDT will be issued on the Layer 1 blockchain Zetrix. Bullish Aim will establish a Digital Asset Treasury (DAT) company, with an initial treasury asset allocation of RM500 million (approximately US$121.5 million) worth of Zetrix (ZETRIX) tokens. Bullish Aim is owned by Prince Ismail Ibrahim, a member of the Johor royal family and the current King of Malaysia.

Huoxun Finance News, December 9th - According to Decrypt, Standard Chartered Bank has lowered its 2025 Bitcoin price forecast from $200,000 to $100,000, and postponed its long-term target of $500,000, originally set for 2028, to 2030. The bank's analysis states that aggressive buying by companies like MicroStrategy has subsided, and ETF inflows have slowed significantly, with net inflows of only 50,000 BTC in the current quarter, the lowest since its listing. Standard Chartered indicates that future Bitcoin price movements will primarily depend on ETF buying.

Huoxun Finance News, December 9th - According to The Block, Horizen, a privacy project founded in 2017, has officially transitioned to a Layer 3 mainnet on Base, aiming to provide "compliant optional privacy" features. The project has abandoned its old mainnet and EON sidechain and relaunched the ZEN token. Horizen plans to invest 100 million ZEN over five years to support the development of privacy-related applications, including financial, gambling, and social scenarios. The new architecture supports customized modules by jurisdiction, enabling compliant disclosure. ZEN is now traded on the Base chain and is supported by exchanges such as Binance and Coinbase.

Odaily Planet Daily reports that Circle co-founder and CEO Jeremy Allaire announced a partnership with blockchain platform Aleo to launch a "privacy" version of its stablecoin, named USDCx. Aleo co-founder Howard Wu stated that USDCx will hide transaction history to address the issue of large institutional clients (such as banks) not wanting their balances and payment history to be publicly disclosed. The new token, USDCx, is not entirely private; each transaction will contain a "compliance record," which Circle can access when law enforcement or other agencies inquire about a specific transaction. However, for public users viewing the blockchain logs, these transactions will appear as incomprehensible "blocks of data." Wu describes it as "bank-grade privacy, not pure privacy." The launch of USDCx is part of the crypto industry's push for large banks and institutions to adopt blockchain technology. Asset management giant BlackRock has launched its tokenized money market fund, BUIDL; online brokerage Robinhood has piloted blockchain-based stock trading; and fintech giants like Stripe have invested heavily in stablecoins.

Odaily Planet Daily reports that PNC, one of the top ten banks in the US, has launched a Bitcoin trading service for its high-net-worth clients. Through a partnership with Coinbase Global Inc., clients can now trade Bitcoin directly through their investment accounts. This service is currently limited to PNC's private banking clients, who can purchase cryptocurrencies through their own investment management accounts, with funds typically coming from their checking accounts at PNC. Brett Tejpaul, co-CEO of Coinbase Institutional, stated that Coinbase is providing brokerage services and technology integration through this partnership to facilitate Bitcoin transactions of any amount. PNC CEO Bill Demchak stated that fintech companies are attempting to fragment the relationship between banks and their clients, and PNC has no reason to allow this. PNC Chief Investment Officer Amanda Agati stated that while the bank previously offered Bitcoin and Ethereum passive ETFs, its exploration of digital assets is still in its early stages, and this move aims to preserve the integrity of the client relationship.