Business Sandesh Indian Newspaper | Articles | Opinion Pieces | Research Studies | Findings & News | Sandesh News

The Kingdom of Bhutan has committed up to 10,000 Bitcoin—valued at approximately $1 billion—to support the long-term growth of Gelephu Mindfulness City (GMC), a visionary economic hub blending sustainability, innovation, and Buddhist-inspired principles. Announced by King Jigme Khesar Namgyel Wangchuck during his National Day Address on December 17, 2025, the “Bitcoin Development Pledge” positions the cryptocurrency as a strategic national …

Asian markets opened cautiously on December 17, 2025, with equities posting modest gains despite lingering concerns over a softening U.S. labor market. Bitcoin recovered to around $87,000 in early trading, rebounding from recent dips as traders assessed mixed macroeconomic signals. The latest U.S. jobs report, released on December 16, revealed a sharp slowdown: nonfarm payrolls added only 64,000 jobs in …

The Federal Deposit Insurance Corporation (FDIC) has taken a significant step toward implementing the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act by approving a notice of proposed rulemaking on December 16, 2025. The proposal outlines an application process for FDIC-supervised banks to seek approval to issue payment stablecoins through dedicated subsidiaries. Signed into law by President Donald …

Robinhood Markets Inc. has expanded its prediction markets platform with new sports-focused features, including player proposition bets and preset combination contracts for NFL games, just in time for the upcoming playoffs starting in January 2026. Announced on December 16, 2025, the updates allow users to trade event contracts on individual player performances—such as touchdowns, passing yards, or rushing stats—as well …

Caroline Ellison, the former CEO of Alameda Research and ex-girlfriend of FTX founder Sam Bankman-Fried (SBF), has been quietly transferred to community confinement after serving approximately 11 months of her two-year prison sentence. The move, which occurred on October 16, 2025, places her in a less restrictive setting—likely a halfway house or home confinement—while she remains under federal supervision. Ellison, …